Business news from Ukraine

“Agrotrade” exported grain to 13 countries in 2023

In 2023, Agrotrade agricultural holding exported grain to 13 countries, with Egypt and Tunisia being the largest buyers, the company’s press service reported on Facebook.

According to the report, Egypt, Tunisia, Turkey, and Spain were the largest buyers of grain from Agrotrade. Grain was also supplied to Italy, Vietnam, Greece, Hungary, Romania, Latvia, Cyprus, Bulgaria, and Austria.

“Last year, we worked mainly with our usual destination countries, except for Tunisia, to which we exported large batches of corn for the first time – almost 56 thsd tonnes. Thus, this country immediately took the second place in the structure of our foreign trade. In general, Egypt purchased the largest volumes of grain from the company – over 35 thsd tonnes of corn and over 25 thsd tonnes of soybeans. Traditionally, we supplied large volumes of agricultural products to Turkey and Spain. Our southern neighbors bought soybeans and corn, while the Spaniards bought wheat. The smallest volumes of goods went to Austria – 320 tons of soybeans,” said Andriy But, Director of the agroholding’s Foreign Economic Activity Department.

As reported, in 2023, Agrotrade supplied about 350 thsd tonnes of grain to the global market. The share of own agricultural products amounted to 35% or 116 thsd tonnes, and third-party producers – 65% or 230 thsd tonnes.

The Agrotrade Group is a vertically integrated holding company with a full agro-industrial cycle (production, processing, storage and trade of agricultural products). It cultivates over 70 thousand hectares of land in Chernihiv, Sumy, Poltava and Kharkiv regions. Its main crops are sunflower, corn, winter wheat, soybeans and rapeseed. It has its own network of elevators with a simultaneous storage capacity of 570 thousand tons.

The group also produces hybrid seeds of corn and sunflower, barley, and winter wheat. In 2014, a seed plant with a capacity of 20 thousand tons of seeds per year was built on the basis of Kolos seed farm (Kharkiv region). In 2018, Agrotrade launched its own brand Agroseeds on the market.

Vsevolod Kozhemiako is the founder and CEO of Agrotrade.

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Bank “Clearing House” is considering purchase of 5.3% of shares

Bank Clearing House may buy back 2,540 ordinary registered shares, or 5.2727% of the authorized capital, according to information in the disclosure system of the National Securities and Stock Market Commission (NSSMC).

According to the announcement, the relevant issue will be considered at the general meeting of shareholders on April 29 this year.

The agenda stipulates that the shares are to be repurchased at the market value determined by the appraiser Garant-Expertise LLC.

According to the bank, as of January 1 this year, its shareholders were: Yulia Lyovochkina – 63.4068%, Ivan Fursin – 16.7791%, Ihor Voronin – 9.7855%, Fabian Bonneleim – 6.4642%, Ng Ching Yu – 2.5408%, Yuriy Boyko – 1.0172% and Oleksandr Danchenko – 0.0005%.

As of February 1, 2024, in terms of total assets, Clearing House Bank ranked 34th (UAH 5.74 billion) among 63 banks operating in the country. Its authorized capital amounted to UAH 510.4 million, and its equity capital was UAH 1 billion 71.4 million.

Last year, the bank increased its net profit to UAH 143.56 million from UAH 83.58 million in 2022, and its assets grew to UAH 6.09 billion from UAH 5.85 billion.

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Value of Ukrainian exports in March was over $3 bln

The volume of Ukrainian exports in March this year amounted to 11.8 million tons of cargo worth $3.2 billion, First Deputy Prime Minister and Minister of Economy Yulia Svyrydenko said on Monday.

“In January, Ukraine reached record levels since the beginning of the full-scale invasion – 12 million tons per month. The vast majority went by sea. In March, we exported 11.8 million tons of cargo. In monetary terms, it was worth $3.2 billion,” she wrote on Facebook.

According to the State Customs Service, in January-February this year, goods worth $6.8 billion were exported.

It is specified that in March, exports by rail amounted to 8 million tons of cargo, of which 3.2 million tons were grain, while 6.3 million tons of cargo were delivered through the sea corridor during this period, of which 2.1 million tons were agricultural products.

“The main task this year is to maintain economic growth and become more economically self-sufficient,” Svyrydenko emphasized.

The Vice Prime Minister reminded that last year the country’s economy grew by 5.3%, mainly due to the partial unblocking of maritime exports, business resilience and support from international partners.

Fundamentals of Pediatric Trauma and Injury Care: Key Considerations and Recommendations from Experts Club

In today’s realities, knowledge of the basics of pediatric trauma and injury care is becoming a necessity not only for medical professionals, but also for the general public. In a new video on the Experts Club YouTube channel, Mariana Bolyuk, anesthesiologist at ADONIS Medical Group, reviewed the main aspects and recommendations that will help to provide the necessary care in critical situations, based on the latest data from the Ministry of Health of Ukraine and international organizations.

Main aspects of trauma care

Traumas and injuries in children are a serious problem that requires immediate and proper response. According to the Ministry of Health of Ukraine, the number of injuries in children has been steadily increasing in recent years. In the last year alone, almost 97500 Ukrainians sought medical assistance for injuries of varying severity resulting from falls and other accidents.

According to the latest data, more than 1,806 children in Ukraine have been injured as a result of military actions. According to information from juvenile prosecutors, 537 children died and over 1,269 received injuries of varying degrees of severity. The largest number of injured children was registered in the following regions: in Donetsk region – 524, Kharkiv region – 343, Kherson region – 149, Kyiv region – 130, Dnipropetrovsk region – 125, Mykolaiv region – 103 and Zaporizhzhya region – 100.

“Among the main causes of early deaths in traumas, central nervous system contusions and bleeding stand out. It is important to know that timely first aid can save a life and significantly reduce the risk of serious health consequences”, – explained Bolyuk.

Maxim Urakin, founder of the Experts Club information and analytical center, said that the project was and is engaged in all kinds of assistance to civilians during military operations.

“According to the UN data, about 11 thousand civilians have already been killed in Ukraine for 2 years, of which about 600 are children. After the implemented project “Find loved ones” we spend our efforts on trainings on medicine for first aid for adults and children, conduct practical seminars for journalists and teachers in order to get practical skills that can save the health and life of victims”, – emphasized Urakin.

Recommendations on first aid

It is important to remember the basic principles of first aid for injuries and wounds. The main recommendations from Maryana Bolyuk and Experts Club, listed in the video:

  • Assess the condition of the injured person: check consciousness, breathing, pulse.
  • Stop bleeding: use direct pressure on the wound and, if necessary, apply a tourniquet above the injury site to temporarily stop arterial bleeding.
  • Preventing shock: lay the victim down, elevate the legs, and provide warmth and comfort.
  • Call for emergency medical help immediately: in the case of serious injuries, professional medical help should be sought as soon as possible.

It is also vital to receive regular first aid training to update your life-saving knowledge and skills.

Knowing the basic principles of first aid for pediatric injuries and trauma is critical for all of us. In today’s world where accidents happen daily, this knowledge and skill can be crucial in saving lives. Remember, your preparedness and ability to act in an emergency can make a significant difference.

To learn more about first aid for pediatric injuries, check out this video:

Subscribe to the Experts Club YouTube channel by clicking here:

https://www.youtube.com/@ExpertsClub

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Ukraine has exported almost 35 million tons of grain since beginning of 2023/24 marketing year

Ukraine has exported 34.862 million tons of grain and leguminous crops since the beginning of the 2023/24 marketing year and as of April 1, of which 5.192 million tons were shipped in March, Deputy Minister of Agrarian Policy and Food of Ukraine for Digital Development, Digital Transformation and Digitalization Denis Bashlyk said in Telegram.

According to the report, in terms of crops, 18.765 million tons of corn, 13.842 million tons of wheat, 1.962 million tons of barley, and 1,000 tons of rye have been exported since the beginning of the current season.

The total export of Ukrainian flour since the beginning of the season as of April 1 is estimated at 79.3 thousand tons, including wheat flour – 75.1 thousand tons.

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