Business news from Ukraine

RISOIL SEES 19% RISE IN GRAIN HANDLING

The group of companies Risoil S.A. in the 2018/19 agricultural year (July-June) increased grain handling by 19%, to 1.95 million tonnes, the company has said on its Facebook page.
Oil handling in the 2018/19 agri-year remained almost the same level as last year – 986,800 tonnes (990.4 million tonnes in the 2017/18 agri-year).
Risoil S.A. was established in Geneva (Switzerland) in 2000. Its core business is logistics of oil, bulk and general cargo in the ports of the Black Sea, sale and production of vegetable oils, trade in grain and oilseeds in containers, storage and processing of agro-industrial products.
Risoil Terminal in Chornomorsk seaport was launched in 2016.

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CAPACITIES OF ODESA PORT-SIDE PLANT COULD BE USED FOR GRAIN HANDLING – OFFICIAL

The supervisory board of Odesa Port-Side Plant (Yuzhne, Odesa region) next week will consider the possibility of launching grain handling at the plant’s facilities, First Deputy Board Chairman Mykola Schurikov has said on the MIG local TV channel.
“Today, at the plant’s facilities, it is possible, among other things, to transship the grain. We have the facilities and a huge resource to do it. This will give an opportunity to engage the team,” he said.
According to him, the grain transshipment could be done on the basis of urea transshipment or use for this new activity 3.2 hectares of land, available at the company, with the possible construction of a silo.
Schurikov said that the expanded meeting of the supervisory board will be held in Kyiv together with the trade union committee of the enterprise in connection with the critical situation that is seen at the plant.
He said that the main issue that will be addressed at the meeting is how to preserve chemical production and the staff, whose number has already decreased from 4,000 to over 2,800.

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