KYIV. April 14 (Interfax-Ukraine) – Nestle, a large food producer, invested UAH 400 million in production facilities in Ukraine in 2016, Nestle Director for Ukraine and Moldova Ansgar Bornemann has said at a press conference.
“Total investment in Ukraine last year was UAH 400 million,” he said.
Bornemann said that investment grew compared to 2015. This is linked to investment of UAH 150 million in a new waffle production line at Lviv confectionary factory Svitoch.
He said that on average when no capital investment projects are implemented investment totals some UAH 150 million.
He also said that the share of Ukrainian raw materials at three factories in Ukraine is 75-80%.
Switzerland’s Nestlе started operating in Ukraine in 1994 when it opened a representative office. The company markets the following international brands: NESCAFÉ, Nesquik, Nuts, Friskies, KitKat, and others.
Nestle in Ukraine unites Lviv confectionary factory Svitoch, Nestle Ukraine LLC, PrJSC Volynholding (the Torchyn brand) and Technocom LLC (the Mivina brand).
KYIV. April 14 (Interfax-Ukraine) – President of Ukraine Petro Poroshenko has signed the law of Ukraine “On Ratification of the Agreement between the Cabinet of Ministers of Ukraine and the Government of the Kingdom of Norway on Technical and Financial Cooperation” adopted by the Verkhovna Rada on March 22.
The document creates framework, organizational and legal bases for Ukrainian-Norwegian cooperation in attracting and using international technical assistance, and promotes the development of technical and financial cooperation between the two states, the presidential press service said.
The corresponding agreement was signed in Oslo on October 18, 2016 during the official visit of Poroshenko to Norway.
KYIV. April 13 (Interfax-Ukraine) – Germany’s SAP SE, the world’s largest producer of software for enterprise management, has announced it will invigorate activities in enterprise resource planning (ERP) solutions for small and medium-sized businesses in Ukraine.
Together with its partner BDO in Ukraine the company announced the launch of a new product in the market of the country – a localized version of the SAP Business One solution.
“We have been working in this segment with big business for a long time, but we understand that small and medium-sized enterprises need different software: easier and faster to implement, easier to understand and cheaper, therefore we created the SAP Business One solution and today we represent this system with Ukrainian localization,” Head of SAP Business One in Central and Eastern Europe Christian Ecks said at a press conference in Kyiv.
According to SAP Managing Director in Ukraine and Georgia Maksym Matiash, BDO in Ukraine was engaged in the adaptation of the financial and accounting module to national standards and legislation, it is now the main partner of the company for the development and promotion of the product in Ukraine.
Currently, BDO has launched the Academy SAP Business One course to train professional consultants, is developing a partner network and plans to open several more regional offices.
SAP SE is one of the world’s leaders in the corporate applications market. More than 345,000 customers use SAP solutions and services. The company entered the Ukrainian market in 1995. Its customers are more than 250 state organizations, as well as enterprises of oil and gas, energy, and metallurgical sectors. The national office of the company employs more than 100 people.
KYIV. April 13 (Interfax-Ukraine) – Rostok-Holding agro-industrial group plans to modernize an elevator complex in Novhorod-Siversky (Chernihiv region) before harvesting of early crops.
“Reconstruction of the Novhorod-Siversky elevator would help to realize our plan to optimize the structure of sowing in this cluster, in particular, to double areas with the most profit-making crop – corn. This would also allow adjusting the sowing of less profit-making crops,” Rostok-Holding CEO Valeriy Laskov said.
The cost of the project is around UAH 90 million.
After the completion of the modernization the complex’s storage and accepting capacity would double, to 22,500 tonnes and 2,500 tonnes respectively. The corn drying capacity would grow by five times, to 1,500 tonnes a day. The shipment capacity would expand to 1,500 tonnes a day.
After the completion of the elevator reconstruction the group’s storage capacity would be over 100,000 tonnes, corn drying capacity – over 6,000 tonnes a day. The shipment capacity would rise to 4,500 tonnes a day.
Rostok-Holding LLC, created in 2010, is a vertically integrated agro-industrial group. It specializes in cultivation and sale of grains, production, processing and sale of dairy products, grain trading.
It has nine cattle farms, three elevator complexes and trading companies. Its land bank is 60,000 ha.
KYIV. April 13 (Interfax-Ukraine) – A cluster handling agricultural goods, including the facilities on the territory of Mariupol maritime merchandise port (Donetsk region), would reach the projected capacity in 2019.
The port’s press service reported that this was discussed at the presentation of the cluster with participation of port Director Oleksandr Oliynyk and top managers of the project partners – STT LLC and Euro Oil.
“The cluster would be able to satisfy the needs of international and national companies operating in the agricultural sector and located close to the Mariupol port in quick handling of their cargo,” the press service said.
The cluster would also include the following facilities being under construction: the grain terminal with a grain storage capacity of over 130,000 tonnes and an annual handling capacity of 2 million tonnes of cargo. U.S.-Canadian AGI and Abrook Inc. and Germany’s Neuero will ship equipment for the terminal. The total cost of the terminal is estimated at UAH 900 million, including UAH 439 million of own funds of the port earned in the previous periods and funds of an investor who is being selected.
STT LLC seeks to invest at least UAH 100 million in modernization and mechanization of an old warehouse for general cargo at the port.
Euro Oil is building a modern complex to store and handle oil.
KYIV. April 13 (Interfax-Ukraine) – A sharptooth catfish farm with an annual capacity of up to 50 tonnes of fish has been opened in Kyiv region, according to a posting on the website of the State Fish Agency.
According to the report, catfish is produced using the recirculating aquaculture systems (RAS) that creates optimal conditions for quick fish growth.
Each month the farm receives 5,000 baby catfish from Odesa region.
The fish will be sold mainly on markets. It is planned to expand production to 200 tonnes a year and establish distribution channels via retail chains, process fish and produce smoked fish in vacuum packaging.
Vismar Aqua team designed the farm under management of businessman Liubomyr Haidamaka.
Initially Haidamaka was involved in IT business. At present he is the founder of Vismar Aqua. The company creates reflection basins, filtration systems and complexes to produce fish. The businessman plans to breed shrimp and open an oyster farm.
According to the State Fish Agency, around 50 farms produce sharptooth catfish in Ukraine with the production capacities from 1 to 50 tonnes a year.
