Agroliga group of companies (Kharkiv region) received a net profit of EUR1.175 million in January-June 2018, which is 30% more than in the same period of 2017.
According to the company’s report on the Warsaw Stock Exchange, its revenue for the period decreased by 2.1%, to EUR11.913 million, operating profit by 34.1%, to EUR928,000, gross profit by 9.6%, to EUR1.235 million. The total assets of Agroliga as of June 30, 2018 amounted to EUR28.5 million against EUR25.33 million as of December 31, 2017.
Agroliga has been operating on the Ukrainian agricultural market since 1992. Its enterprises are engaged in growing grain crops, processing sunflower seeds, and dairy farming.
The group cultivates about 10,000 hectares of land.
The majority shareholders of the group are Oleksandr Berdnyk with a share of 41.66%, and Iryna Poplavska with 41.66%.
The Antimonopoly Committee of Ukraine (AMC) in order to prevent monopolization of commodity markets has begun consideration of a number of concentration cases that will lead to the Rozetka marketplace owners’ gaining control over the EVO marketplaces.
In particular, the AMC is investigating the legitimacy of the acquisition by Temania Enterprises Ltd (Limassol, Cyprus) of shares in the charter capital of Uaprom and Aukro Ukraine (Kyiv, Ukraine), Tiu.ru (Russia), Project Dealbay (Belarus), and Satu.kz Advertising Agency (Kazakhstan), which will provide it with over 50% of the voting shares on the companies’ board.
The AMC said as a result of these concentrations the buyer (who owns the Rozetka.ua online trading platform) will gain control over the marketplaces of the acquired objects, namely Prom.ua, Bigl.ua, Shafa.ua, Crafta.ua, Kabanchik.net, Zakupki.prom.ua, Satu.kz, Deal.by, etc.
The committee notes these cases are open for an in-depth study of the impact of concentration on the e-commerce markets, in particular the field of providing online services for trade in goods/services.
As reported, the Rozetka online supermarket and EVO group of companies plan to merge. As a result of the planned deal, Rozetka will buy out Naspers’ share in EVO, while the share of the EVO founders will be transformed into a share in the merged company.
Ukraine exported 3.894 million tonnes of grain from July 1, 2018, when the 2018/2019 marketing year began, to August 15, which was 5.4% down on the same date last year. In particular, about 1.67 million tonnes of wheat was shipped abroad, the Agrarian Policy and Food Ministry said.
Barley exports totaled 1.15 million tonnes, and those of maize were 1.03 million tonnes.
Ukraine also exported 20,800 tonnes of flour by August 15, 2018.
Ukraine exported 39.4 million tonnes of grain in the 2017/2018 marketing year (July through June), the ministry said.
One troy ounce=31.10 grams
