Business news from Ukraine


Ukraine would be grateful to Germany for assistance in unblocking the export of agricultural products and organizing mobile grain storage facilities due to the expected shortage of storage capacity this autumn, Prime Minister Denys Shmyhal said at a meeting with Federal Minister for Food and Agriculture of Germany Chem Ozdemir.
“According to preliminary estimates, in October we may not have enough storage facilities to store crops for 10-15 million tons. The Ministry of Agrarian Policy is considering the possibility of organizing mobile storage facilities,” he wrote in a telegram on Saturday.
Shmyhal stressed that Russia is deliberately destroying agricultural facilities, such as Ukraine’s second largest grain terminal in Nikolaev a few days ago.
In early June, the Ukrainian Grain Association (UGA) increased the forecast for grain and oilseeds harvest in Ukraine this season by 5.2% compared to the April forecast – up to 66.5 million tons.



Prometey Group has acquired an elevator (Zolochiv, Kharkiv region), designed for a one-time storage of 30,000 tonnes of grain, the asset will strengthen the position of the grain trader in Kharkiv region, which is profitable for agribusiness, the company’s website says. “Thanks to the Zolochiv elevator complex, we want to provide farmers with a new quality of services, including the services of Agromarket. Due to the new asset, Prometey Group plans to strengthen its position in Kharkiv region,” regional director of the elevator direction Dmytro Maksymenko said.
Prometey clarified that the Zolochiv elevator with a simultaneous storage capacity of 30,000 tonnes is certified for storage of grain and oilseeds. The complex has a grain-cleaning separator with a capacity of 100 tonnes/hour, and grain dryers with a capacity of 64 tonnes/hour.
The capacity of unloading grain by the elevator to railway transport is 400 tonnes/day, and the granary is also equipped with three truck unloaders. Weighing is carried out on scales with a carrying capacity of 60 tonnes and a platform length of 16 meters.
The company noted that the decision to expand the presence of Prometey at the expense of Kharkiv region is dictated by the high technical efficiency of agriculture in this region. The company referred to the studies of the Institute of Agricultural Development in Transition Economies (IAMO) and the Ukrainian Agribusiness Club association according to which Kharkiv region is one of the “references” for agricultural activities, and the stable growth of acreage and production of agricultural products favorably influences the development of the elevator industry.
Prometey recalled the Agromarket program, operating on the basis of each elevator in the chain, and allowing the company’s client farmers to purchase the necessary agricultural goods in one place, including on the security of the future harvest.

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Nika-Tera marine terminal (Mykolaiv), part of Group DF of Dmytro Firtash, has increased its storage capacity by 1.8 times, to 515,000 tonnes of grain, according to a press release from the port. “To maximize the effective processing of the new harvest maize, the storage capacity was significantly increased, which as a result amounted to 515,000 tonnes. Today, these are the largest port capacities by the volume of one-time storage in the ports of Mykolaiv region and the second largest among the ports of Ukraine,” Nika-Tera Operation Director Ihor Hrydnev said.
Cargo turnover at Nika-Tera terminal as of August 29, 2018 was 3 million tonnes. Since the beginning of the year, 180 vessels have been handled at the port.
In the structure of processed goods for the specified period, the share of grain, leguminous crops and oilseeds was 59%, bulk cargo stood at 36%, and fertilizers at 5%. “Traditionally grain remains the main type of cargo for the port. For the first two months of the new marketing year, 32 vessels with grain were handled at the port, the volume of transshipment was 484,000 tonnes,” the expert said.
Nika-Tera is a highly mechanized sea terminal that is part of the Group DF port business.

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