Business news from Ukraine

ROYAL DE HEUS BUYS UKRAINIAN FEED PRODUCER D-MIX

The Dutch-based company Royal De Heus has signed an agreement on the purchase of a majority stake in the Ukrainian feed manufacturer D-Mix (Lviv region), Royal De Heus reported on its website.
According to the company, the deal is to be closed in the second quarter of 2019. The joint venture will operate under the Koudijs Ukraine brand.
D-Mix produces specialized feed concentrates and compound feed, mainly for poultry and pigs. The production capacity of the enterprise is 80,000 tonnes of processing sunflower and soybeans, the actual volume of processing is 50,000 tonnes.
D-Mix will also soon begin the construction of a premix manufacturing plant, its expected commissioning date is 2020.
According to the company, the joint venture will be managed by the incumbent owner of D-Mix, Fedir Shopsky.
De Heus, founded in 1911, is an international manufacturer and exporter of a full line of premixes, concentrates and complete feed, represented in 60 countries.

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KYIVSTAR TO PROVIDE COMPLEX BUSINESS SOLUTIONS FOR METINVEST’S ENTERPRISES

The largest Ukrainian mobile communications operator Kyivstar has won a tender to select a mobile communication operator to service the largest mining and metallurgical group in the country Metinvest initiated by the logistic and procurement directorate of Metinvest Holding LLC and Metinvest Digital LLC.
“Intensive piloting of projects using new technologies together with mechanisms for rapid testing of ideas in the digital field allows the Metinvest Digital team to increase the digital maturity of the Metinvest Group..,” Kyivstar said in a press release on March 15, citing Metinvest Digital Director of the IT service provision department Serhiy Fedchun.
According to him, the long term cooperation with Kyivstar will allow Metinvest to build reliable channels to create a platform for digital business solutions and significantly increase the level of mobile services for the group’s employees.
Director for Corporate Market Business Development at Kyivstar Yevhen Krazhan said that the cooperation of the companies is a long term strategic project. Under the terms of the signed agreement, it envisages the provision of high quality mobile communications and related services to employees of the Metinvest Group, cooperation in projects for digital modernization of enterprises and the creation of high-tech conditions for the efficient operation of the business.
Director for Logistics and Procurement at Metinvest Holding LLC Oleksiy Hromakov said that the agreement also fixes transparent pricing and flexible optimal tariff plans for five years in order to minimize communication costs both in Ukraine and abroad.

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UKROLIYA SHIPS FIRST BATCH OF ORGANIC SUNFLOWER OIL TO U.S. IN JAN

Ukroliya (Poltava region) in January 2019 shipped a first batch of organic sunflower oil in the amount of 400 tonnes to the United States.
“In January 2019, we shipped the first batch of our organic oil of 400 tonnes to the United States,” PR Manager of Ukroliya Svitlana Lutsenko said at the third International Congress Organic Ukraine 2019, which took in Odesa on March 14 and March 15.
According to her, in 2018, the company exported 500 tonnes of classic organic oil, 400 tonnes of high oleic oil and 1,500 tonnes of organic sunflower oil cake.
“The projected volume of deliveries in 2019: 360 tonnes per month of organic sunflower high oleic oil; 100 tonnes per month of organic classical sunflower oil; 460 tonnes per month of organic sunflower oil cake,” Lutsenko said.
As reported, in November 2017 Ukroliya launched a plant for production of organic oil, Ukroliya Organic, in the village of Dykanka (Poltava region). Investments in it amounted to about UAH 50 million.
The company plans to process 18,000 tonnes of sunflower, 50,000 tonnes of soybeans a year, produce 7,020 tonnes of organic sunflower oil, 6,750 tonnes of organic soybean oil, 7,100 tonnes of cake, and 3,000 tonnes of sunflower husk.
Ukroliya was founded in 2001. It is engaged in production and sale of packed and bulk sunflower oil, sunflower meal, and husk. Its production facilities are located in the village of Dykanka and Zenkiv town (Poltava region).

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TYMOSHENKO PROMISES TO BRING POROSHENKO AND HIS ENTOURAGE TO JUSTICE

The current president of Ukraine Petro Poroshenko and all his associates will be accountable before the law for making money on their own army during the war and for their tariff policy, Batkivschyna Party leader and presidential candidate Yulia Tymoshenko has said.
“We’ll need to arrest anyone who has even taken a penny from the army,” Tymoshenko said during a rally in the town of Chuhuiv, Kharkiv region, announcing her first steps after winning the presidential election.
Tymoshenko referred to a recently published journalistic investigation, “which exposed the corruption of the president and his entourage on supplies from the aggressor country of unsuitable spare parts for Ukrainian military equipment at inflated prices,” the Batkivschyna official website said on Sunday.
Tymoshenko noted that the authorities would bear responsibility for the “tariff orgy” organized during his tenure. She said the illegal increase in gas prices for the population was another source of enrichment at the expense of people, and recalled that Kyiv’s District Administrative Court recently declared that the tariffs were set unreasonably.
The presidential candidate said her coming to power would put an end to the corrupt life of the oligarchic system, which only changed its face in every election. “We will not agree with them, because everyone who agrees hurts the future for Ukraine,” she said.
According to the politician, the first thing she will do as president is “fulfill the commitment that President Poroshenko took during his inauguration: “I will imprison three of his friends for corruption. ….But three friends is not enough,” he said.
According to her, the new government will remove the controlling agencies from the influence of the president in order to stop corruption and oligarchy in the country. According to Tymoshenko, a new Constitution will be adopted after holding a nationwide referendum.

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UKRAINE SEES PRODUCTION OF MEAT RISE BY 4%, EGGS BY 6.8%, MILK FALL BY 1.6% IN JAN-FEB – STATISTICS

Milk production in Ukraine in January and February 2019 (excluding the temporarily occupied territory of Crimea and Sevastopol, part of the Joint Forces Operation (JFO) area) decreased by 1.6% compared with January and February 2018, to 1.14 million tonnes.
According to the State Statistics Service, meat (live weight) production in the country was 558,500 tonnes, which is 4% more than in January and February 2018.
Egg production increased by 6.8%, to 2.263 billion pieces.

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