Business news from Ukraine

Business news from Ukraine

Serbia claims concession for Montenegro’s airports

Serbian Finance Minister Sinisa Mali has stated that Serbia is interested in obtaining a concession to manage two international passenger airports in Montenegro — in Podgorica and Tivat.

According to him, despite repeated appeals to the Montenegrin authorities, Serbia has not been included in the process of considering concession proposals.

Mali stressed that Serbia is ready to invest in the development of these airports in excess of the current offers and has the necessary experience and resources to modernize aviation infrastructure, citing the successful development of Belgrade’s Nikola Tesla Airport.

The Montenegrin government is currently considering proposals from three companies interested in the airport concession, including a consortium from France and Turkey, as well as companies from Luxembourg and South Korea. The decision on the transfer of the airports to concession will be made after analyzing the proposals received.

However, there is active debate within Montenegro about the advisability of transferring the airports to concession. Some experts and trade union representatives have expressed concerns that such a move could lead to a loss of control over strategically important assets and negatively affect the country’s economy, especially given the significant role of tourism in Montenegro’s GDP.

Thus, despite the interest of Serbia and other foreign investors, the future of Montenegro’s airports remains uncertain, and the final decision will depend on the balance between economic interests and national development strategy.

Source: https://t.me/relocationrs/1041

 

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Agrotrade continues experiment with peanut cultivation

Agroholding Agrotrade has planted peanuts for the second time in the 2025 season as part of a three-year project covering 34 hectares in the Kharkiv region and 5 hectares in the Chernihiv region, the agroholding’s press service reported on Facebook.

“This is a new region for us (Chernihiv region – IF-U) in terms of peanut cultivation. The soil types, moisture supply, and growing season are completely different here. We are deliberately expanding the geography of our crops to see how peanuts respond to different conditions. This allows us to collect a wider range of data and better understand in which areas the crop shows the highest efficiency and stability of results,” said Oleksandr Ovsyanyk, director of the agro-industrial department at Agrotrade.

According to the report, among this year’s innovations, the company has adapted its peanut protection systems based on last season’s results.

“Insecticides have become milder, with more frequent application, which reduces stress on plants, increases environmental friendliness, and allows for more accurate control of the situation in the field. Fungicide and herbicide protection has also been strengthened to avoid last year’s losses,” the report emphasized.

The first shoots have now appeared on the agroholding’s fields. The next stage is crop treatment and monitoring of crop development.

The Agrotrade Group is a vertically integrated holding company covering the entire agricultural cycle (production, processing, storage, and trade in agricultural products). It cultivates over 70,000 hectares of land in the 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 total storage capacity of 570,000 tons.

The group also produces hybrid seeds of corn, sunflower, barley, and winter wheat. In 2014, a seed plant with a capacity of 20,000 tons of seeds per year was built on the basis of the Kolos seed farm (Kharkiv region). In 2018, Agrotrade launched its own brand, Agroseeds.

The founder of Agrotrade is Vsevolod Kozhemyako.

Energy imports, forecast, billion dollars

Energy imports, forecast, billion dollars

Source: Open4Business.com.ua

Director of Odessavinprom PJSC has been replaced

On May 28, the supervisory board of Odessavinprom PJSC (Odessa region) appointed Oleg Chovgan, who previously held the position of head of the commercial department at Vintrest LLC, as the company’s director.According to a publication in the information disclosure system of the National Securities and Stock Market Commission (NSSMC), he replaced Anton Obrezhi, who headed the company for a year and a month before submitting his resignation.Chovgan does not own any shares in the issuer’s charter capital, has no outstanding convictions for crimes of greed or official misconduct, and has been elected for a term until his dismissal. The beneficiaries of PJSC Odessavinprom are the owners of the well-known Odessa region company Champagne of Ukraine LLC, Vasily Bratdinov and his father Ignat. They acquired the company in April 2023. According to data from the Opendatabot service, in 2024, PJSC Odessavinprom increased its revenue by 20% to UAH 330.26 million, received UAH 18.5 million in net profit against UAH 419,000 UAH in net loss a year earlier, debt obligations increased by 5.%% to UAH 351.74 million, and assets by 14.4% to UAH 292.86 million.

 

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Grain exports from Ukraine in 2024/25 MY reached 38.5 mln tons

As of June 4, Ukraine had exported 38.505 million tons of grains and legumes since the beginning of the 2024-2025 marketing year (July-June), of which 202,000 tons were shipped this month, according to the press service of the Ministry of Agrarian Policy and Food, citing data from the State Customs Service. were shipped this month, according to the press service of the Ministry of Agrarian Policy and Food, citing data from the State Customs Service.

According to the report, as of June 7 last year, total shipments amounted to 47.734 million tons, including 802,000 tons in June.

At the same time, in terms of crops, since the beginning of the current season, 14.906 million tons of wheat (43,000 tons in June), 2.305 million tons of barley (no exports), 10,800 tons of rye (0), corn – 20.728 million tons (158 thousand tons).

Total exports of Ukrainian flour since the beginning of the season as of June 4 are estimated at 65.4 thousand tons (in June – 0.4 thousand tons), including wheat flour – 61 thousand tons (0.4 thousand tons).

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US Embassy warned of threat of massive air strikes in Ukraine

The US Embassy in Ukraine has urged American citizens to exercise caution due to the threat of new massive strikes.

“Russia has intensified its missile and drone attacks against Ukraine in recent weeks, and there is now a persistent risk of significant air attacks. The US Embassy in Kyiv urges US citizens to exercise caution. As always, we recommend that you be prepared to take cover immediately in the event of an air raid siren,” the embassy said in a statement posted on its website on June 4.