Dynamics of balance of payments of Ukraine (USD mln).
Milk Alliance has invested EUR 1 million in launching a mozzarella production line with a production capacity of 10 tonnes of product per day.
“We have the Big Construction project this year. The smiling Italian technologist in the photo is finishing setting up the automated line of COMAT for the production of mozzarella … Until the end of October, it will be in trade. It is one of the reconstruction projects in 2020. The investment is EUR 1 million. Some 10 tonnes of product per day. We focus on both the domestic market and export,” co-owner of Milk Alliance Oleksandr Derkach said on his Facebook page.
Milk Alliance was established in June 2006 as a holding company with a charter capital of UAH 23.5 million and a 99.9% balance sheet consisting of long-term financial investments.
Milk Alliance in the first half of 2020 increased output of dairy products by 4% compared to the same period in 2019, to 76,950 tonnes, while 7,940 tonnes of products were exported, which is 27% less than for the same period in 2019.
Sugar production in Ukraine as of October 1, 2020 amounted to 92,600 tonnes.
According to a report on the website of the Ukrtsukor National Association of Sugar Producers, as of this date, 15 sugar factories were operating in the country, which processed 719,000 tonnes of sugar beets.
As reported with reference to Ukrtsukor, the sugar beet processing season in Ukraine started on September 5.
Sugar production in the country in 2020 is projected at 1.2 million tonnes, which is 15% less than a year earlier. It is expected that 33 sugar factories will operate this season, at the level of last year.
According to the State Statistics Service, in 2020, the area sown with sugar beets amounted to 218,900 hectares, at the level of last year.
Internal and external debt of Ukraine in 2009-2020.
Source: SSC of Ukraine
The Ministry of Digital Transformation of Ukraine and Microsoft Corporation (the United States) have agreed to cooperate in implementing the Azure Expansion Program in Ukraine, which provides for the creation of hyperscale cloud services.
“Today, the digital economy in Ukraine is developing before your eyes. We are grateful to Microsoft for showing special attention to our market, for choosing our country. One of the priority goals of our ministry is to digitize 100% of public services in two and a half years. And this cannot be done if there is no data center in which this data will be stored in our country. In fact, Microsoft may become the first large-scale project that will help us realize our ambitious goal,” Deputy Prime Minister, Minister of Digital Transformation of Ukraine Mykhailo Fedorov said during a briefing in Kyiv on Friday.
The Azure Expansion Program digital transformation program will facilitate the implementation of cloud-based innovations for various commercial, government agencies and enterprises, as well as the government of Ukraine.
Microsoft also intends to provide technology support to help demonstrate the use of the Azure Cloud.
According to Deputy Head of the Office of the President of Ukraine Yulia Kovaliv, educational programs in Ukraine will also be developed in partnership with Microsoft.
Ukraine since the beginning of the new 2020/2021 marketing year (MY, July-June) and as of October 2 had exported 12.15 million tonnes of grain and legumes, which is 1.61 million tonnes less (due to corn) than on this date in the past MY.
According to the information and analytical portal of the agro-industrial complex of Ukraine, to date, 8.56 million tonnes of wheat, 2.88 million tonnes of barley and 680,000 tonnes of corn (1.39 million tonnes less) have been exported.
As of October 2 of this year, 50,300 tonnes of flour were also exported.
As reported, Ukraine exported a record 57.2 million tonnes of grain, legumes and flour in the 2019/2020 MY, which is 13.5% more than in the previous MY.
