Business news from Ukraine

BAYADERA GROUP CUTS GRAPE HARVEST BY 16%

Bayadera Group, one of the largest alcohol companies in the Ukrainian market, finished the grape harvesting season in Koblevo (Mykolaiv region), harvesting over 10,500 tonnes, which is 16% lower than 2018, the press service of the group has said.
According to the report, this year they harvested 400 tonnes of grapes per day, which is a record for Koblevo.
“Summer 2019 was not very favorable for Ukrainian winegrowers – dry and hot without rain – not typical for the Black Sea coast. However, the advantage of the current harvest is not quantity, but quality: thanks to the dry season, the entire crop is fully ripe and this will influence the quality of the wine,” the group said.
About 70% of grapes was harvested by hand, for the Select i Reserve wine lines, 270 people were involved in selective harvesting. Now the grape processing season is passing, after ripening in the winery, wine, starting in January 2020, will be on shelves.
In Koblevo, the Bayadera Group on the territory of more than 2,000 hectares grows 16 European and local varieties of grapes.
Bayadera Group was established in 1991. The company owns such assets in the alcohol industry as distribution companies and alcohol production facilities in Ukraine and Belarus. It produces wine, vermouth and cognac and is the exclusive importer of international alcohol brands in Ukraine.
The main trademarks are Persha Gildiya, Kozatska Rada, Hlibny Dar, Koblevo, Marengo, and others.
Its owners are Natalia Bondareva and Sviatoslav Nechytailo.

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UKRAINE FULLY USES QUOTAS FOR DUTY-FREE EXPORTS OF AGRI PRODUCTS TO EU INCLUDING HONEY, SUGAR, CEREALS, GRAPE AND APPLE JUICE, WHEAT, CORN

Ukraine as of July 22 had fully used quotas for duty-free exports of agricultural products to the EU on nine groups of goods, including honey, sugar, cereals and flour, processed starch, processed tomatoes, grape and apple juice, wheat, corn, and butter. According to a press release from the Ukrainian Agribusiness Club (UAC), the pace of quota use and revival of trade with the EU is noticeably accelerating, as on the same date last year seven quotas for duty-free exports from Ukraine to the EU were used.
“Potentially, quotas for barley (79% are now used), poultry (75%), malt and wheat gluten (58%), and starch (53%) will be used by the end of the year,” the association noted.
The UAC said additional quotas for eight groups of goods come in force from October 2017 for a period of three years: for honey, flour and cereals, processed tomatoes, grape and apple juice, oats, corn, wheat, and barley. As of July 22, five of the additional quotas were used: for honey, cereals, juice, wheat, and corn.

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