Business news from Ukraine

Business news from Ukraine

UKROLIYA SHIPS FIRST BATCH OF ORGANIC SUNFLOWER OIL TO U.S. IN JAN

Ukroliya (Poltava region) in January 2019 shipped a first batch of organic sunflower oil in the amount of 400 tonnes to the United States.
“In January 2019, we shipped the first batch of our organic oil of 400 tonnes to the United States,” PR Manager of Ukroliya Svitlana Lutsenko said at the third International Congress Organic Ukraine 2019, which took in Odesa on March 14 and March 15.
According to her, in 2018, the company exported 500 tonnes of classic organic oil, 400 tonnes of high oleic oil and 1,500 tonnes of organic sunflower oil cake.
“The projected volume of deliveries in 2019: 360 tonnes per month of organic sunflower high oleic oil; 100 tonnes per month of organic classical sunflower oil; 460 tonnes per month of organic sunflower oil cake,” Lutsenko said.
As reported, in November 2017 Ukroliya launched a plant for production of organic oil, Ukroliya Organic, in the village of Dykanka (Poltava region). Investments in it amounted to about UAH 50 million.
The company plans to process 18,000 tonnes of sunflower, 50,000 tonnes of soybeans a year, produce 7,020 tonnes of organic sunflower oil, 6,750 tonnes of organic soybean oil, 7,100 tonnes of cake, and 3,000 tonnes of sunflower husk.
Ukroliya was founded in 2001. It is engaged in production and sale of packed and bulk sunflower oil, sunflower meal, and husk. Its production facilities are located in the village of Dykanka and Zenkiv town (Poltava region).

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TYMOSHENKO PROMISES TO BRING POROSHENKO AND HIS ENTOURAGE TO JUSTICE

The current president of Ukraine Petro Poroshenko and all his associates will be accountable before the law for making money on their own army during the war and for their tariff policy, Batkivschyna Party leader and presidential candidate Yulia Tymoshenko has said.
“We’ll need to arrest anyone who has even taken a penny from the army,” Tymoshenko said during a rally in the town of Chuhuiv, Kharkiv region, announcing her first steps after winning the presidential election.
Tymoshenko referred to a recently published journalistic investigation, “which exposed the corruption of the president and his entourage on supplies from the aggressor country of unsuitable spare parts for Ukrainian military equipment at inflated prices,” the Batkivschyna official website said on Sunday.
Tymoshenko noted that the authorities would bear responsibility for the “tariff orgy” organized during his tenure. She said the illegal increase in gas prices for the population was another source of enrichment at the expense of people, and recalled that Kyiv’s District Administrative Court recently declared that the tariffs were set unreasonably.
The presidential candidate said her coming to power would put an end to the corrupt life of the oligarchic system, which only changed its face in every election. “We will not agree with them, because everyone who agrees hurts the future for Ukraine,” she said.
According to the politician, the first thing she will do as president is “fulfill the commitment that President Poroshenko took during his inauguration: “I will imprison three of his friends for corruption. ….But three friends is not enough,” he said.
According to her, the new government will remove the controlling agencies from the influence of the president in order to stop corruption and oligarchy in the country. According to Tymoshenko, a new Constitution will be adopted after holding a nationwide referendum.

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UKRAINE SEES PRODUCTION OF MEAT RISE BY 4%, EGGS BY 6.8%, MILK FALL BY 1.6% IN JAN-FEB – STATISTICS

Milk production in Ukraine in January and February 2019 (excluding the temporarily occupied territory of Crimea and Sevastopol, part of the Joint Forces Operation (JFO) area) decreased by 1.6% compared with January and February 2018, to 1.14 million tonnes.
According to the State Statistics Service, meat (live weight) production in the country was 558,500 tonnes, which is 4% more than in January and February 2018.
Egg production increased by 6.8%, to 2.263 billion pieces.

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