Ukraine since the beginning of the 2018/2019 marketing year (MY, July-June) and as of March 20, 2019 had exported 35.605 million tonnes of grain and leguminous plants, which is 20.8% more than on the same date of the previous MY.
According to the Ministry of Agrarian Policy and Food, farmers exported 18.74 million tonnes of corn, 12.95 million tonnes of wheat, and 3.3 million tonnes of barley.
On that date, some 192,200 tonnes of flour had been also exported.
As reported, with reference to the ministry, Ukraine exported 39.4 million tonnes of grain in the 2017/2018 MY.
The Agrotrade Group in spring 2019 will invest $1.2 million in the upgrade of its agricultural machinery fleet, the press service of the company has reported.
“The company will purchase five tractors and three cultivators. The total amount of investments is about $ 1.2 million,” the agro holding’s press service told Interfax-Ukraine.
According to the press service, Agrotrade intends to unify the equipment of the holding’s enterprises, which will help minimize costs.
“We are going to ensure that all the tractors will be made by the same manufacturer and of the same model range. At the moment, approximately 90% of our equipment is Case and New Holland, and about 10% is John Deere. We plan to gradually abandon the latter,” the press service reported, citing Financial and Operations Director at Agrotrade Olena Vorona.
Agrotrade is a vertically integrated holding, engaged in production, processing, storage and trade in agricultural products. It manages 72,000 hectares of farmland in Chernihiv, Sumy, Poltava and Kharkiv regions.
PrJSC ASKA-Life insurance company (Kyiv) in 2018 saw a net profit of UAH 11.6 million, which is 27.7% more than in 2017.
According to official information for the agenda of a meeting of shareholders scheduled for April 23, the insurer’s retained earnings amounted to UAH 52.204 million, which is 28.6% more than a year earlier.
The company’s assets last year increased slightly, to UAH 188.7 million.
Net worth grew by 10.3%, to UAH 77.1 million. At the same time, charter capital remained at the level of UAH 19.385 million.
Cash and cash equivalents increased by 3.2%, to UAH 57.8 million.
Debtor indebtedness decreased by 15.6%, to UAH 28.154 million.
Long-term liabilities decreased by 20.4%, to UAH 88.822 million, current liabilities increased by 3.6 times, to UAH 23.262 million.
ASKA-Life insurer, registered in 2003, specializes in life insurance.
The Rivers of Ukraine association has published the amount of cargo shipped by river: some 16.5 million tonnes of cargo was shipped by river in 2018.
The association said on its Facebook page that the figure was received after analyzing the last year’s cargo turnover, taking into account open data from the Ukrainian Sea Ports Authority and companies involved in transportation by river. In addition, the association assessed the volume of transportation across the Dnipro, Danube and Southern Bug rivers.
According to him, the volume of traffic across the Dnipro River last year amounted to about 9.9 million tonnes, across the Danube River – 6 million tonnes, across the Southern Bug River – about 600,000 tonnes.
According to Deputy Minister of Infrastructure Yuriy Lavrenyuk, the volume of traffic across the Dnipro River in 2018 increased 22.4% compared with 2017.
“New carriers began to appear on the river transportation market on the Dnipro River. This indicates that in the near future, in the event of development of inland waterway transport and inland waterways, we will be able to significantly reduce the burden on our roads, in which the government invests dozens of billions of hryvnias in construction and repair annually,” he wrote on his Facebook page.
Lavrenyuk also said that in 2019, Ukrvodshliakh, which maintains and operates the locks in the Dnipro cascade, will receive UAH 163 million from the national budget, which will increase its potential for repairs and maintenance of the locks in the proper and safe condition.
“We are still far away from the figures before the 1990s, when 60 million tonnes of cargo were transported across Ukrainian rivers. However, we can talk about some recovery of the market,” Executive Director of the Rivers of Ukraine association Dmytro Kozachenko said.
According to him, the growth of railway tariffs and the strengthening of control over the transportation of goods by road lead to the intensification of the river transportation market.
The Board of Directors of Myronivsky Hliboproduct (MHP) on March 19, 2019 approved the payment of annual dividends in the amount of $0.7492 per share for 2018, which is equal to approximately $80 million and the same as paid last year.
According to a company report on the website of the London Stock Exchange on Wednesday, the announcement will be published in a due course.
As reported, net profit of MHP in 2018 fell by 44.3% compared with 2017, to $128 million.
MHP is the largest poultry producer in Ukraine. It also deals with production of grain, sunflower oil, meat goods.
The TAS insurance group (Kyiv) in February 2019 collected UAH 125.59 million in insurance premiums, which is 59.3% more than a year ago.
According to a posting on the website of the company, 31.88%or UAH 40.04 million of premiums were collected with signing of compulsory insurance of vehicle owners’ civil liability (OSAGO) policies, which is 47.9% more than in February 2018.
The amount of Green Card policies sold grew by 68.7%, to UAH 35.8 million, or 28.51 of total premiums.
The share of voluntary car insurance (KASKO) was 17%: policies for UAH 21.35 million were signed, which is 51% more than a year ago.
The group collected UAH 12 million under property insurance policies, which is 9.55% of total premiums collected in February and three times more than a year ago.
TAS collected UAH 2.55 million under voluntary medical insurance contracts and UAH 13.85 million under other insurance contracts.
In February 2019, the group paid UAH 56.12 million in claims, which is 42.5% more than a year ago.
