Business news from Ukraine

The Odesa branch of the Ukrainian Sea Ports Authority and Brooklyn-Kyiv have signed a memorandum on the completion of construction of a grain terminal at Odesa seaport.
According to an Interfax-Ukraine correspondent, the memorandum was signed during the Ukrainian Port Forum 2019 in Odesa.
On the part of the stevedoring company, the memorandum was signed by the director general and founder of Brooklyn-Kyiv, Yuriy Hubankov.
“On behalf of Brooklyn-Kyiv and Louis Dreyfus Company I want to thank the Ministry of Infrastructure, the Ukrainian Sea Ports Authority and the management of the Odesa branch of the Ukrainian Sea Ports Authority… I am sure that in September we will launch the project and give the port of Odesa an additional 3 million tonnes of transshipment,” Hubankov said.
From the Ukrainian Sea Ports Authority, the memorandum was signed by the head of the Odesa branch, Ihor Tkachuk.
“This project was started in 2008, but was suspended for technical reasons. However, thanks to the new leadership of the Ukrainian Sea Ports Authority, a clear position of the Ministry of Infrastructure, we were able to move it forward and today it is already at the final stage of the completion. With this memorandum we confirm our plans to complete construction in due term. We are planning to continue dredging and improving the port infrastructure,” he said.