For more than 2 years of war, Ukraine’s agricultural sector has suffered losses of $80.1 billion (according to the World Bank), with direct losses reaching more than $10 billion. Therefore, the entire agribusiness and grain processing industry continue to work, recover and develop to restore our industries and strengthen the country as a whole.
Accordingly, the main issues today are: how to make the country’s agricultural sector profitable in the face of war; how to boost grain processing; how to build energy-efficient and energy-independent production; and opening and entering new markets. We will try to find answers to these and many other pressing questions during the discussion panels and individual presentations at the conference “Grain and Processing: Development Despite the War ”, which will be held on September 18-20, 2024 in Kyiv and will be dedicated to the 10th anniversary of the Union “Millers of Ukraine”.
The event is organized by the Union “Millers of Ukraine”, Trend&Hedge Club and Agro Marketing Agency. The general partners are Alviva Group and Kyivmlyn. General sponsor – Bueller Ukraine. Exclusive sponsor – SocTrade. Sponsor – OLIS.
Grain and Processing: Development Despite the War 2.0 Forum will include two days of information intensive, panel discussions with experts, practitioners and analysts of the agricultural market, unlimited communication with current and potential partners, exchange of ideas and experience.
The event will also feature an exhibition of equipment and technologies for grain handling and processing, quality determination, bakery technologies, packaging equipment and other material and technical innovations for the industry.
Main topics for discussion:
The event will be interesting for:
To see how it was last time, please follow the link
Terms of participation in the conference by the link
DISCOUNTS and SPECIAL CONDITIONS:
20% – for members of the Union “Millers of Ukraine” and Trend&Hedge Club
20% – for three or more participants from one legal entity
Discounts are not cumulative!
AUDIENCE OF THE CONFERENCE PARTICIPANTS
Owners and top management of agribusiness; agricultural producers; grain traders; producers of flour, cereals, pasta, mixed fodder and other grain processing companies; representatives of elevator complexes, logistics, financial companies and retail; suppliers of inputs, equipment and technologies; government officials and other participants of the agro-industrial and related sectors.
More than 300 delegates are expected to attend theconference Grain and Processing: Development Despite the War.
Follow the updates on the conference website
For participation, advertising, and presentation, please contact the coordinators:
AGRO MARKETING AGENCY
Svyatoslav Tkachenko
+38(063)357 73 59
TREND AND HEDGE CLUB
Kateryna Konashchuk
+38(050)394 46 03
Open4business is a media partner
Food Industry Solutions – Award for design and technical solutions for the food industry, Hospitality and Retail will be held for the first time on September 17-18, simultaneously with the Favorite Food & Drinks tasting competition. A closed meeting of the leaders of the food industry, food retail, GoReCa, and the award ceremony will take place on October 8.
The main goal of the award is to identify and support creative, effective technological solutions that help to increase the competitiveness of food products, improve the quality of service and optimize business processes of food industry, retail and restaurant businesses.
“The Food Industry Solutions Award is an industry-specific, professional event that aims to familiarize business circles with innovative, high-tech, efficient, creative, and environmentally friendly solutions to enhance the competitiveness of food products, improve trade and service in the food industry, HoReCa, and retail,” says Elena Sinitsina, founder of the Award .
All are welcome to participate:
– packaging and labels
– technological and commercial equipment, inventory
– laboratory and analytical equipment
– workwear, cleaning, sanitation and hygiene products
– IT, transport, logistics, services, etc. for the food industry, HoReCa, retail.
Nominations:
The Food Industry Solutions Award from independent members of the judging committee emphasizes the achievements of the manufacturer/supplier in meeting the requirements of changing demand, compliance with industry trends and emphasizes leadership positions in the market.
Food Industry Solutions judging committee member on the importance of product packaging:
“Packaging is the marketing equivalent of a first date. It has only a few seconds to charm, tell the story of the product and create an unforgettable impression. This is the first and extremely important contact between the manufacturer and the consumer, which determines the further relationship with the brand,“ says Yulia Koran, Head of Marketing at Galicia-Trade LLC (Galicia, Svitanok TM juices).
Information about the solutions/projects of Food Industry Solutions participants will be published on the website, social pages of the Project, and sent to the business contacts database.
The winners of the Award will present their solutions/projects at a closed meeting of food industry, food retail, and GoReCa leaders and receive Food Industry Solutions awards at the Award Ceremony together with the participants of Favorite Food & Drinks.
Application form for participation:
https://forms.gle/9CjVo7KHgTrZcpqJ8
Contacts of the Food Industry Solutions Organizing Committee:
+38 050 056 83 55
org@ffdu.com.ua
Project website:
https://www.ffdu.com.ua/holovna/food-industry-solutions/
Open4business is an information partner
Novus Ukraine LLC has opened the 22nd Mi Market store in its network, the retailer’s press service reports.
The release notes that the company continues to develop the convenience store format.
The total area of the new store in Kyiv at 35 Anna Akhmatova Street is 118.7 square meters, of which the retail space is 74.2 square meters. The store’s assortment includes more than 2.8 thousand items, covering all categories necessary for everyday shopping, including fresh pastries, hot dogs and coffee. Along with the new Mi Market, Kusio pet store was opened.
Novus Ukraine LLC was established in 2008 and opened the first Novus supermarket in the country the same year. As of August 2024, the retailer’s network includes more than 80 Novus and 22 Mi Market stores in Ukraine.
The Novus supermarket chain is developed by BT Invest (Lithuania), a company established in 2008 by former Sandora shareholders Raimondas Tumenas and the late Igor Bezzub.
According to Opendatabot, as of July 2021, the owner of Novus Ukraine with a 100% stake in the authorized capital was Consul Trade House CJSC (Vilnius, Lithuania). The ultimate beneficiaries are Marina Poznyakova, Agne Ruzgienė, and Raimondas Tumenas.
According to the company’s financial results, in 2023, its revenue increased by 47% to UAH 23.6 billion, while its net loss decreased by 87% to UAH 310.7 million.
The State Enterprise “Forests of Ukraine” has handed over three dozen pickup trucks – Mitsubishi L200, Volkswagen Amarok and other models – to 13 units of the Armed Forces of Ukraine, said Yuriy Bolokhovets, CEO of the state enterprise.
“There is an acute shortage of vehicles in forestry. We need cars for patrolling, firefighting, and business activities. But when we purchase new vehicles, we immediately plan to transfer them to the Armed Forces of Ukraine. In total, since the beginning of the war, foresters have provided the Armed Forces with more than 1,100 vehicles,” he wrote on his Facebook page.
According to him, the vehicles were handed over to the 68th and 71st separate hunting brigades, the Charter National Guard, the 128th Mountain Assault Brigade, the 55th Zaporizhzhya Sich Artillery Brigade, the 150th Mechanized Brigade, the 129th Territorial Defense Brigade and other units. The vehicles were delivered from the Polissia Forestry Office, Central Forestry Office, Carpathian Forestry Office, and Northern Forestry Office of the State Enterprise “Forests of Ukraine”.
“All machines are well maintained and in good technical condition. Our mobilized employees serve in the units that received the vehicles. We try to keep in touch with them, collect money for their needs and support them as much as possible,” explained Bolokhovets.
The CEO of the state-owned enterprise also said that every week the Union of Forestry Soldiers of Ukraine sends drones, electronic warfare equipment and much more to the Armed Forces of Ukraine. Since the beginning of the war, the amount of non-refundable aid from foresters has exceeded UAH 1.5 billion. In addition, in 2024, the Forests of Ukraine donated almost UAH 300 million worth of timber to the military.
“For the second year in a row, the State Enterprise “Forests of Ukraine” demonstrates a record level of profit. This is the result of transparent and efficient management, so we can invest in development and at the same time support the frontline as much as possible,” Bolokhovets summarized.
In the 2024/2025 season, Ukraine will produce 1.6 million tons of sugar against the domestic market demand of 900 thousand tons, which is one of the best indicators for the last five years, said Taras Vysotskyi, First Deputy Minister of Agrarian Policy and Food, during the conference “Drought and War: What will be the harvest this year and how will it affect the economy”.
“It should be noted that we will once again have quite significant sugar production. Farmers planted less sugar beet than in the last record year. However, at the level of 1.6 million tons, with domestic consumption of 900 thousand tons, this is a good indicator. It is one of the best in the last five years,” he said.
Vysotsky emphasized that the sugar produced will be enough for the domestic market, and there is a significant potential for export. He confirmed that the quota for Ukrainian sugar to be supplied to the EU market has been exhausted. However, the production figures for the current sugar season in Ukraine are very good.
In March-June, mobile operator lifecell’s revenue increased by 10% year-on-year to UAH 3.215 billion.
According to the report of the parent company Turkcell, lifecell’s net profit in the second quarter increased by 3% to UAH 630.2 million.
Lifecell’s EBITDA increased by 4% to UAH 1.77 billion in the period, but its EBITDA margin decreased by 3.9 percentage points to 55.2%.
The company’s capital investments in the second quarter decreased by 28% to UAH 1.12 billion.
According to Turkcell, on September 9, the company completed the transfer of shares, as well as all rights and obligations in its subsidiaries LifeSell LLC, Global Bilgi LLC and Ukrtower LLC to DVL Telecom, one of the companies of the NJJ Holding group of French billionaire Xavier Niel. Turkcell is no longer a shareholder in these subsidiaries, the company said in its quarterly report.
On the closing date of the transaction, Turkcell received $524.3 million under the share purchase agreement.
Turkcell’s top managers, answering investors’ questions during the conference call, confirmed that the final sale price will be determined based on adjustments to be made at the closing of the transaction, based on the level of net cash/debt as per the financial statements to be prepared at the closing date.
Earlier it was reported that the NJJ consortium transferred $524.3 million to Turkcell and completed the acquisition of Datagroup-Volia and lifecell.
