The grain storage facilities in Ukraine allow storing around 60-65% of harvest, Deputy Minister of Economic Development, Trade and Agriculture Taras Vysotsky has said.
“The implementation of the agrarian potential of Ukraine needs to modernize the existing logistic infrastructure and further development. Today, grain storage facilities allow storing some 60-65% of the harvested crop. The total one-time grain, leguminous and oilseeds storage capacity is 45.4 million tonnes,” he wrote on his Facebook page on Friday.
According to the deputy minister, the shortage of storage facilities is observed in all regions. According to the ministry, under the government program to support agricultural producers in 2019, 55 producers from 16 regions received government support in the direction of partial reimbursement of the cost of building and reconstructing grain storage and processing enterprises, the total amount of compensation exceeded UAH 526 million.
“Thanks to the support, an additional 61 facilities with a throughput capacity of about 1 million tonnes were obtained and more than 500 jobs were created,” Vysotsky said.
Astarta agricultural and industrial holding, the largest sugar producer in Ukraine, has invested $71 million in the development of grain infrastructure under the Grain of Astarta investment program launched in 2014. According to a posting of the company on its Facebook page, over the past two years Astarta build four silos in Poltava region and bought Krasyliv silo in Khmelnytsky region.
“The grain infrastructure development program, launched by the company in 2014, has so far been implemented in the form of seven modern (both newly-built and modernized) silos with a total capacity of 550,000 tonnes, as well as its own fleet of 200 railway cars,” the agricultural holding said.
In general, since the beginning of the program, the company has invested $71 million in this direction.
“Starting Grain of Astarta as a program for expanding facilities for our own needs, we have reached the level of providing services and developing eco-systems that are formed around our infrastructure facilities. And we do not stop there. We see great prospects for development and are considering new partnership projects in Chernihiv and Poltava regions,” Astarta Executive Officer Valeriy Sokolenko said.
Astarta is a vertically integrated agribusiness holding operating in eight regions of Ukraine. The holding includes eight sugar factories, agricultural enterprises with a land bank of 243,000 hectares and dairy farms, a biogas plant and a soybean processing complex in Poltava region.
Businessman Oleksandr Yaroslavsky seeks to enter the road repair market, he told reporters on the sidelines of the Roads UA 2020 conference held in Kyiv on Monday.
“We want to participate in road construction. In all regions,” he said.
Yaroslavsky announced plans to create a Ukrainian-foreign company, but refused to disclose the details.
“We invited some foreign partners, my old friends, and we will be engaged in construction work with a joint company. We will try to participate in the construction and reconstruction of roads. We hope this year,” the businessman said.
He also said that he was interested in participating in the construction of airfields.
“We may go to an airport with this joint company,” he said.
Yaroslavsky is the owner of the DCH group.
Official rates of banking metals from national bank as of January 27
National bank of Ukraine’s official rates as of 27/01/20
Source: National Bank of Ukraine
Nova Poshta International, part of the Nova Poshta Group, plans to boost global delivery services by 30% in 2020 compared with 2019, Director of Nova Poshta International Yuriy Benevitsky told reporters on Thursday. “This market is very interesting to us. We will fight for it, including quality and speed of delivery. In 2018, we had 2.7 million international shipments, in 2019 – 26% more. This year we plan to increase the volume of global delivery services by 30%,” he said
As Benevitsky said, Nova Poshta performs fast delivery, therefore it focuses on more expensive and heavy packages.
In 2020, Nova Poshta plans to invest $100 million in infrastructure development.
