Business news from Ukraine

STATE FOOD-GRAIN CORPORATION EXPORTS 1.5 MLN TONNES OF GRAIN IN H1 2015/16 AGRI-YEAR

8 February , 2016  

KYIV. Feb 8 (Interfax-Ukraine) – Public joint-stock company State Food-Grain Corporation in H1 2015/16 agricultural year (July 2015-June 2016) exported around 1.5 million tonnes of grain, the company’s press service has reported, referring to the director of the logistics department Dmytro Shmokarev.

“The result was achieved thanks to the centralized work of the foreign economic department and purchase and logistics department and thanks to new rules introduced,” he said.

Among key changes in logistics is the creation of the transport and shipping servicing department that allows both shipping products using own forces and provide services to bailors.

“In the period since November 2015 over 100,000 tonnes of grain has been shipped using this,” he said.

The electronic document turnover system is being introduced in the corporation.

Shmokarev’s division also worked to return dispatch bonuses worth over $500,000 for the previous periods.

In August 2010, the government decided to create the State Food and Grain Corporation of Ukraine. The corporation has a chain of branches, comprised of grain storage facilities, flourmills, fodder factories and a cereals factory. The 53 subdivisions of the corporation can store a total of 3.75 million tonnes of grain, which includes the grain handling capacities of Odesa and Mykolaiv ports of around 2.5 million tonnes of grain cargo per year.