Private enterprise Viktor and K (Svitlovodsk, Kirovohrad region, the Korolivsky Smak (Royal Relish) trademark) has started supplying food to Germany, Belgium, Tanzania, Kuwait, Gambia and Guinea-Bissau.
According to a report on the company’s website, its exports portfolio has over 85 countries.
Viktor and K is a large producer in the region. It produces sunflower oil and mayonnaise. Its crushing capacities are 400-500 tonnes of seeds a day, production capacities – 170-210 tonnes of oil a day and up to 30 tonnes of mayonnaise a shift. Two silos can store 17,000 tonnes of seeds.
Along with mayonnaise and sunflower oil, the enterprise produces ketchups, mustard, vinegar, tomato sauces, halva, pasta, condensed milk, canned vegetables, seasonings and spices.
According to the unified register of companies, the owner and director general of the enterprise is Viktor Korol.
Ukravit group of companies, one of the largest producers of plant protection agents and micro-fertilizers in Ukraine, has invested about $7 million in opening the research center “Institute of Plant Health” in Cherkasy. “We’ve invested $7 million in the opening of a research center. It occupies an area of 3,800 square meters. The project implementation took two years,” Vitaliy Ilchenko, the owner of Ukravit Group, said.
According to him, the core business of the research center is the analysis of existing agents and quality control, the development of new products and compounds, soil analysis, and tests of all types of crops in the laboratory.
“At present there are about 50 scientific workers at the factory, about 100 more are to be attracted in the near future,” the owner said. He said the research center has been already accredited in Ukraine. “Now we plan to get international accreditation so that our center would be part of the world’s network of scientific institutions. We want our results to be recognized in all countries,” he said.
Ukravit is engaged in production and sale of pesticides, fertilizers with microelements, means for destruction of rodents and domestic insects. The group includes Factory of Agrochemicals LLC (Cherkasy) which produces plant protection agents and micro-fertilizers. It produces more than 150 items of products.
The Verkhovna Rada, Ukraine’s parliament, has approved at second reading and as a whole the presidential bill (No. 7440) on the High Anti-Corruption Court. According to an Interfax-Ukraine reporter, 315 MPs voted for such a decision at a plenary session of parliament on Thursday. In particular, the decision was supported by 123 MPs from the Bloc of Petro Poroshenko, 70 from the People’s Front, 22 from Samopomich, 14 from Batkivschyna, and two votes each from the Opposition Bloc and Oleh Liashko’s Radical Party. The Will of the People and Vidrodzhennia groups gave 18 and 21 votes in favor of the bill, respectively.
Some clauses of this bill were changed before second reading as a result of consultations with the IMF. The most controversial clause concerned the decisive role of the public council of international experts in the selection of judges. The law determines the procedure for holding a competition for the selection of anti-corruption judges.
The number of credit unions in the public register of financial institutions of Ukraine decreased by 16.5%, or 74 institutions, in Q1 2018 year-over-year, to 375, according to the website of the National Commission for State Regulation of Financial Services Markets. According to the regulator, the largest number of credit unions was registered in Kyiv city and region (40, or 10.7% of the total number), Luhansk region (33, or 8.8%), Donetsk region (29, or 7.7%), and Kharkiv region (23, or 6.1%).
According to the regulator, in Q1 2018, the number of participants in credit unions shrank by 11.5%, to 566,200, the number of participants with current loan agreements by 10.9%, to 131,800, while the number of members with contributions on deposit accounts by 6.5%, to 21,600.
The leaders in terms of the number of participants in credit unions are Lviv region (76,000), Kyiv city and region (56,400), Ivano-Frankivsk region (60,200) and Zakarpattia region (45,800). At the same time, as before, most credit unions (155, or 55.9%) have a small number of participants – up to 1,000, and more than a third of credit unions (111, or 40.7%) have 1,000 to 10,000 participants.
The total volume of loans granted to members of credit unions as of December 31, 2018 reached UAH 2.223 billion (7% up), whereas contributions of members of credit unions on deposit accounts amounted to UAH 984 million (up 14.7%).
The total amount of debt on loans is UAH 369.2 million (1.6% down).
Ukraine increased imports of crude oil (foreign trade code 2709) by 36.8% or 102,260 tonnes in January-May 2018 year-over-year, to 380,196 tonnes.
The State Fiscal Service reported that oil for $205.489 million was imported, which is 66.8% more than in January-May 2017 ($123.194 million).
Ukraine in January-May 2018 imported crude oil for $194.853 million from Azerbaijan, $7.176 million from Algeria, $1.844 million from Iran and $1.616 million from other countries.
The country did not export crude oil in January-May.
As reported, Ukraine in 2011 imported 5.826 million tonnes of oil for $4.384 billion, in 2012 – 1.544 million tonnes for $1.233 billion, in 2013 – 761,058 tonnes for $630.282 million, in 2014 – 178,613 tonnes for $146.533 million, in 2015 – 248,158 tonnes for $89.039 million, in 2016 – 515,954 tonnes for $173.835 million, in 2017 – 1.013 million tonnes of oil for $442.219 million.
