Prometey group of companies in 2020 increased its EBITDA by 6.8% compared to 2019 – up to $32.6 million, according to the results of its financial audit conducted by the international company KPMG posted on the grain trader’s website.
At the same time, the company does not provide data on the profit/loss received in the past year.
Prometey in 2020 also increased its revenue by 14.8% compared to 2019 – to $254.2 million. Its assets as of December 31, 2020 amounted to $199.3 million.
“It is noted that Prometey group of companies in 2020 entered the top five (in Ukraine, 1.7 million tonnes of one-time storage) in terms of elevator capacities. In the last marketing year, the group also confirmed its title of one of the leaders in the agricultural sector, selling about 1 million tonnes of grains and oilseeds,” the grain trader said.
Prometey provides services for the storage, processing and logistics of grain and leguminous crops on the basis of 29 elevators in Mykolaiv, Kirovohrad, Kyiv, Khmelnytsky, Zaporizhia, Sumy, Odesa, Kherson and Dnipropetrovsk regions.
In 2021, Prometey Group plans to receive $45 million in EBITDA.
The administration of Pivdenny seaport (Odesa region) has revised the discount applied to port dues for ships that enter the port to carry out cargo operations with grain cargo.
According to the website of the Ukrainian Sea Ports Authority (USPA), from January 1, 2022, for ships that call at the seaport to carry out operations for loading or unloading general and bulk grain cargo, a 30% discount will be applied to the rates of all types of port dues that are levied in favor of the USPA.
This decision was made in accordance with the order of the port administration under No. 195/27 dated October 13, 2021.
“Grain cargo refers to cereals, legumes, oilseeds used for food, seed, fodder and technical purposes, as well as products of their processing,” the report says.
A 30% discount will be applied if the following criteria are met: loading and unloading grain cargo; bulk and general (bags and big bags) grain cargo; carrying out cargo operations at the berths located in the seaport.
The USPA emphasizes that the discounts established for the rates of port dues do not apply to the administration fee.
Ukraine since the beginning of the 2021/2022 marketing year (MY, July-June) and as of September 24 had exported 12.76 million tonnes of grain and leguminous crops, which is 12.7% more than the indicators for the same date of the previous MY.
According to the information and analytical portal of the agro-industrial complex of Ukraine, to date, 7.74 million tonnes of wheat (2% less compared to the same date in the 2020/2021MY), 3.43 million tonnes of barley (23.97% more), 1.39 million tonnes of corn (2.1 times more), and 33,200 tonnes of flour (29.9% less) have been exported.
As of the indicated date, 28,700 tonnes of rye were also exported, which is 16.9 times more than the indicators of the last MY.
As reported, Ukraine in the 2020/2021 MY exported 44.72 million tonnes of grain and leguminous crops, including 16.64 million tonnes of wheat, 23.08 million tonnes of corn, 4.23 million tonnes of barley. Also, 126,900 tonnes of flour and 18,400 tonnes of rye were supplied to foreign markets.
In addition, Ukraine in the 2019/2020 MY exported 56.72 million tonnes of grain and leguminous crops.
Ukraine since the beginning of the 2021/2022 marketing year (MY, July-June) and as of August 25 had exported 6.49 million tonnes of grain and leguminous crops, which is 1.9% more than the figures for the same date of the previous MY.
According to the information and analytical portal of the agro-industrial complex of Ukraine, to date, 3.13 million tonnes of wheat (19.9% less compared to the same date in 2020/2021MY), 2.16 million tonnes of barley (up 13.4%), 1.17 million tonnes of corn (2.2 times more), 19,300 tonnes of flour (1.7 times less) have been exported.
As of the indicated date, 6,800 tonnes of rye were also exported, which is 8.5 times more than in the last MY.
As reported, the export of wheat to Ukraine in 2020/2021MY amounted to 16.64 million tonnes, corn – 23.08 million tonnes, barley – 4.23 million tonnes, flour – 129,000 tonnes.
In addition, Ukraine in 2019/2020 MY exported 56.72 million tonnes of grain and leguminous crops.
Ukraine since the beginning of the 2021/2022 marketing year (MY, July-June) and as of August 13 had exported 4.61 million tonnes of grain and leguminous crops, which is 10% more than on the same date of the previous MY.
According to the information and analytical portal of the agro-industrial complex of Ukraine, to date, 1.82 million tonnes of wheat (23.5% less compared to the same date 2020/2021MY), 1.62 million tonnes of barley (19.6% more), 1.15 million tonnes of corn (2.3 times more), and 16,200 tonnes of flour (1.5 times less) have been exported.
As of the indicated date, 5,100 tonnes of rye were also exported, which is 17 times more than the indicators of the last MY.
As reported, the export of wheat in the 2020/2021 MY amounted to 16.64 million tonnes, corn – 23.08 million tonnes, barley – 4.23 million tonnes, flour – 129,000 tonnes.
In addition, Ukraine in the 2019/2020 MY exported 56.72 million tonnes of grain and leguminous crops.
Representatives of the State Food and Grain Corporation of Ukraine, the China National Complete Engineering Corporation (CCEC) and the Ministry of Economy of Ukraine during a meeting on August 9 reached an agreement on the export of one million tonnes of grain to China by the end of this year, the state corporation wrote on Facebook.
“We plan to carry out purchases at our own elevators and use our own logistics and port facilities in order to make our partners the most profitable price offer,” the company quotes the acting chairman of the board of the State Food and Grain Corporation of Ukraine, Andriy Vlasenko.
The corporation also cites data from CCEC President Yang Jing, who noted that the Chinese side is interested in developing cooperation, strives to fulfill the conditions of the existing contract for the 2021/2022 marketing year (MG, July-June) and is waiting for proposals from the Ukrainian side.
In turn, the Ministry of Economy proposed to hold weekly negotiations on the supply of grain between the Grain Corporation and CCEC.
As reported, in June 2021, the Grain Corporation discussed with CCEC representatives a possible delivery in the 2021/2022 MY of 2 million tonnes of early grain and 3 million tonnes of corn. The corporation clarified that it has completed a complex of preparatory work at the port facilities in Odesa and Mykolaiv, and also, at the request of the Chinese side, reached agreements with partners on the possibility of transshipment of an additional one million tonnes of grain at Chornomorsk seaport (Odesa region).
