One troy ounce=31.10 grams
Sugar production in Ukraine as of October 9, 2018 totaled 420,000 tonnes.
The Ukrtsukor national association of sugar producers said that 37 sugar refineries had been operating as of October 9, which refined 3.38 million tonnes of sugar beets.
As reported, Ukraine officially opened a new sugar refining season on August 31. This year, areas with sugar beet total 280,000 hectares, which is 13% less than last year.
Ukraine exported 560,400 tonnes of sugar in the 2017/18 agricultural year (September-August), which is 27.2% less than in the previous year.
Production of sugar in the 2017/2018 marketing year increased by 6.5%, to 2.14 million tonnes. Some 46 sugar refineries were in operation during that season.
Research and Markets Ltd. has made a list of leading elite real estate agencies from Kyiv out of 280-300, which are operating on the real estate market in the city, according to the company’s data.
According to a report of Research and Markets on the Business Wire website, the top 10 agencies includes Blagovist, Park Lane, Lipki, Lux-Estate, IDGroup Premium Real Estate Brokerage&Investing, The House, Kiev Standard, Elit Realty and Colliers International
The company said that some 280-300 companies are operating on the Kyiv real estate market, including consulting companies, and the number of employees reaches 4,000-5,000 people.
According to the study, average price in the premium real estate segment in Kyiv in 2017 was $2,600 per square meter.
“In 2018, prices could rise by 2-3%, which will not affect the overall picture of the real estate market in Kyiv,” the company analysts said.
AGENCIES, ELITE, LIST, REAL ESTATE, RESEARCH AND MARKETS, TOP 10
The European Bank for Reconstruction and Development (EBRD) is mulling a project to provide a debt funding of EUR 51.9 million to PJSC Ukrgazvydobuvannia to finance the procurement of workover rigs and a package of energy efficiency investments.
According to a report on the bank’s website, the Board of Directors will discuss the project on December 12, 2018.
According to the document, the loan will benefit from a sovereign guarantee by Ukraine.
Ukrgazvydobuvannia, fully owned by Naftogaz Ukrainy, is the country’s largest gas producer, which provides about 75% of the total gas production in the country.
As reported, the EBRD recently defined operational and strategic priorities in Ukraine for the next five years: privatization and improved governance in the public sector, energy security and energy efficiency.
The EBRD is the largest international financial investor in Ukraine. To date, the bank has made a cumulative commitment of almost EUR 12.1 billion across some 400 projects since the start of its operations in the country in 1993.
Ukrainian grain farmers cannot timely execute contracts for exports of products due to a shortage of locomotives at Ukrzaliznytsia, the Ukrainian Agribusiness Club has reported. “The main problem of PJSC Ukrzaliznytsia, which impedes the efficient transportation of grain, is a shortage of locomotives. Due to a lack of traction, wagons stand idle at stations and elevators, while the turnover of cars of Ukrzaliznytsia’s Transport Logistics Center has increased from five to 11 days over the last two years, private to 13 days,” the report says.
According to the association, delays in the transportation of grain crops lead to a breach of export contracts, while transportation rates are declining, and gross production is rising. According to the union, only 500 out of 2,500 Ukrzaliznytsia locomotives work, while the overhauls of many of them were carried out in the 1990s.
At the same time, the association noted an increase in the number of grain wagons in the country: about 11,500 cars are owned by Ukrzaliznytsia, about 10,000 are private.
According to the Ukrainian Agribusiness Club, it’s not worth expecting a speedy improvement in the situation with rail transportation because of a lack of funds at Ukrzaliznytsia for the purchase of locomotives in the near future.
CONTRACTS, EXPORTS, GRAIN FARMERS, LOCOMOTIVES, UKRZALIZNYTSIA
