The agricultural holding KSG Agro in January-March 2022 increased its revenue from the sale of pigs by 3% compared to January-March 2021, to $2.58 million.
The growth in sales was caused by an increase in the number of pigs in the agrarian group over the specified period by 17.6%, to 54,500 animals from 46,400 animals, and the offspring of animals – by 28.1%, to 32,300 animals from 25,200 animals, according to a press release from the agricultural holding on Wednesday.
“It is very important for us, especially from the point of view of food security, to increase sales of products. As a result, despite the conditions of martial law, we are able to help the Armed Forces of Ukraine and the defense forces by providing them with pork and other products,” KSG Agro quotes its board chairman Serhiy Kasyanov.
The vertically integrated holding KSG Agro is engaged in pig breeding, as well as production, storage, processing and sale of grains and oilseeds. Its land bank is about 21,000 hectares.
According to the agricultural holding itself, it is among the top five pork producers in Ukraine.
The World Bank will soon provide Ukraine with a $100 million loan to help internally displaced persons (IDPs), World Bank Regional Country Director for Eastern Europe Arup Banerji has said.
He said in an interview with Interfax-Ukraine that given the acute need for central budget financing, the World Bank is currently focusing on providing quick and immediate assistance, which, in turn, can help the population, especially the most vulnerable groups of the population. First, very soon we will allocate another $100 million to help internally displaced persons, he said.
Banerji added that the World Bank continues to provide assistance in the healthcare, infrastructure and energy sectors under existing projects.
We are also exploring opportunities for cooperation with other bilateral development partners (for example, Italy, Japan and the United States) who are very interested in attracting PEACE (Project Support to Public Expenditure to Sustainable Public Administration in Ukraine) loan and funding others types of confirmed budget expenditures, the World Bank regional director noted.
Specific items have not yet been agreed, but will certainly include additional payments to internally displaced persons and other vulnerable groups in Ukraine, Arup Banerji added.
HELP, IDPS, LOAN, WORLD BANK
Transmission system operators in Continental Europe have responded positively to NPC Ukrenergo’s request to resume electricity exports from Ukraine, the company said.
“Today, the energy system of Ukraine is operating in the trial emergency synchronization mode with ENTSO-E, which means that export-import operations with European counterparties are not performed. However, both the Ukrainian and European sides are considering the possibility of a phased increase in export volumes, which would be mutually beneficial” , – reported on the Ukrenergo website on Wednesday.
National bank of Ukraine’s official rates as of 08/06/22
Source: National Bank of Ukraine
Official rates of banking metals from national bank as of June 08
One troy ounce=31.10 grams
President of Ukraine Volodymyr Zelensky has chosen Ukrainian tennis player Elina Svitolina as the second ambassador of the UNITED 24 national brand, the President’s Office of Ukraine reported.
Svitolina’s presentation by the second ambassador of the UNITED24 fundraising platform took place during an online meeting with the head of state, Deputy Prime Minister, Minister of Digital Transformation Mykhailo Fedorov and platform coordinator Yaroslav Hres, the press service of the President’s Office said Tuesday evening.
In addition, the first UNITED 24 ambassador Andriy Shevchenko joined the videoconference, together with whom Svitolina will continue to unite the world sports community around helping Ukraine.
The President thanked Svitolina for the active position that the athlete has taken since the first days of the war, and noted that it is important to talk about Ukraine in the world.
The President’s Office also stressed that at the end of July, a charity game of the first racket of the world Iga Świątek is planned under the patronage of Svitolina.
During the first four weeks of the UNITED 24 fundraising platform, more than $52.5 million was raised for the needs of Ukraine.
As reported, on May 18, Zelensky signed a decree on the establishment of the UNITED 24 national brand and congratulated the first ambassador of this brand – the legendary Ukrainian football player and coach Andriy Shevchenko.
On June 7, the Ministry of Youth and Sports opened a special account in the National Bank of Ukraine for donations within the framework of the UNITED24 Restoration Fund initiative.
