KYIV. Nov 15 (Interfax-Ukraine) – State enterprise Kulindorivsky bakery of the State Reserve Agency has shipped the first batch of flour to the United States.
According to a press release from the agency, this is the first batch of flour supplied from Ukraine to the U.S. market in the past five years.
“In fact, the state-owned enterprise managed to supply goods to the highly competitive market transparently and without intermediaries. This is a very extraordinary event,” agency chairman Vadym Mosiychuk said.
According to him, to get into this market the company had to undergo a lot of expertise and obtain appropriate permits confirming the quality of its produce. Bakery specialists have repeatedly sent product samples for testing and hold negotiations.
“On November 11 the first container with flour left for the United States. Due to the fact that today the price/quality ratio of the combine’s products is suitable for the external market, we can hope for the stability of such supplies in future,” bakery CEO Volodymyr Berezniak said.
According to the information disclosure system of the National Commission on Securities and the Stock Market, other large shareholders in Ukrnaftoburinnia at the end of 2015 were British-based Ares Systems Ltd. and Ariana Business Limited, registered at the same address in London, with the equal stakes of 22.4996%, and JKX Ukraine B.V. (the Netherlands) with 10%.
The owners of Ares Systems and Ariana Business in British registers are Viola Blue Ltd. and Provost Promotion Inc., trapped in the Panama Papers, respectively.
State-owned Odesa port-side chemical plant produces chemical goods. It is engaged in transshipment of ammonia on board ships.
The company in 2015 posted a net profit of UAH 211 million against a net loss of UAH 270 million a year earlier, its net income increased by 2.1 times, to UAH 11.195 billion.
