Construction has begun on a plant for processing basalt and manufacturing finished basalt products by BF “Zavod” within the “BF Terminal” industrial park in Zakarpattia.
“As part of the ”BF Terminal” industrial park, a plant with an area of over 37,000 square meters will be built, equipped with modern machinery and utilizing innovative technologies, which will provide over 120 guaranteed jobs with high salaries. This investment of over 30 million euros will ensure a stable annual inflow of up to 10 million hryvnias into the local budget and strengthen the community’s capacity for sustainable development. At the same time, the state will receive a strategic product for domestic use and export,” Deputy Head of the Presidential Office Viktor Mykyta reported on Telegram.
According to Vitaliy Kindrativ, Deputy Minister of Economy, Environment, and Agriculture of Ukraine, the development of “BF Terminal” in Zakarpattia is an example of how the development of industrial parks is shaping a new economic reality, in which state incentives help launch modern production facilities. “Thanks to government incentives, the Berehove district is gradually transforming into a powerful industrial hub working toward the recovery of Ukraine’s economy,” he emphasized.
He noted that government funds are being directed toward key infrastructure, primarily the construction of a new railway access track at the Batyevo station. “This is essentially a transport artery that will connect the industrial facilities of the park to the Ukrzaliznytsia network and open direct access to European markets. Additionally, major repairs are being carried out on the exit ramp from the highway,” he said.
In addition, state funding covers the full cycle of energy supply, specifically the construction of a new 110 kV high-voltage power line, the construction of a modern “BF Terminal” substation, and the reconstruction of the existing outdoor switchgear. “This creates a reserve of energy stability not only for the industrial park but also for the entire regional power grid,” says Kindrativ.
According to Mikita, railway tracks and electrical infrastructure have already been built at a total cost of 316.6 million UAH. Approximately 148 million UAH of this amount was financed from the state budget.
As reported, at the end of 2025, “BF Terminal” in Zakarpattia Oblast, among others, received state funding for infrastructure development, specifically 11.908 million UAH for the major repair of the exit ramp from the highway.
Oilseed production in Ukraine in the 2026-2027 season will show growth due to high margins and the development of domestic processing, according to the information and analytical agency UkrAgroConsult.
Analysts noted that sunflower will remain a priority crop for farmers. At the beginning of 2026, sunflower seed prices approached UAH 30,000/t, which encourages farms to expand their crops. The area under this crop in the new season may increase to 6.1 million hectares.
The soybean and rapeseed markets remain stable. At the same time, domestic processing of these crops is growing in Ukraine, which strengthens the country’s role in the Black Sea region. An increase in gross seed harvest will stimulate plant utilization and further growth in oil and meal exports.
Among the key trends for the 2026/27 season, UkrAgroConsult named the preservation of oilseeds as one of the most profitable segments of agricultural production, with sunflower maintaining its leading position. Analysts also predict an increase in processing capacity utilization and a further increase in exports of processed products amid relative stability in the soybean and rapeseed markets.
Ukraine has confirmed its readiness to open a food grain hub in Ghana and is interested in joint projects for the processing of agricultural products, Ukrainian Foreign Minister Andriy Sybiga said following talks with his Ghanaian counterpart Samuel Okudzeto Ablakawa in Kyiv on Wednesday.
During the meeting, the parties discussed strengthening global food security and developing agricultural partnerships. Sybiga emphasized that Ukraine considers Ghana a key partner in West Africa and is ready to remain a reliable supplier of agricultural products to the region.
“Ukraine is ready to remain a reliable supplier of agricultural products and at the same time is interested in joint projects with added value, particularly in the field of processing and logistics,” said the head of the foreign ministry.
As reported, in July 2025, Ukrainian President Volodymyr Zelensky held a telephone conversation with Ghanaian President John Dramani Mahama on cooperation in the agricultural industry. The presidents agreed to expand practical cooperation, particularly in the construction of a logistics hub for food storage. Zelensky also confirmed his intention to send a Ukrainian delegation to Ghana to work on these projects.
Ghana has consistently supported Ukraine’s territorial integrity, including by voting in favor of the UN General Assembly resolution “Support for sustainable peace in Ukraine” on February 24, 2026.
Ukraine could increase its annual agricultural exports from $24.2 billion to over $100 billion by shifting from exporting raw materials to increasing the production of deeply processed products, which would require $85 billion in investments, said Leonid Kozachenko, president of the Ukrainian Agrarian Confederation (UAC).
“We have the best opportunities among other countries, as almost 30% of the world’s black soil is concentrated in Ukraine. However, it is surprising that a country like the Netherlands, with 4.5 times less land, produces food and derivative products worth about $108 billion. They use less than 20% of their own raw materials, import 80%, but rank 2nd or 3rd in the world, while we, with our raw materials, are only in the third ten,“ he said at the conference ”Profitable Agribusiness 2026.”
According to the expert, the total capitalization losses of the agricultural sector from the Russian Federation’s military aggression are currently estimated at more than $120 billion, while direct losses amount to $11.5 billion. In particular, almost 4.7-5 million hectares of land remain mined or contaminated with heavy metals. Livestock losses amount to 5 million chickens, 350,000 pigs, and 150,000 cows. In addition, more than 7,000 units of agricultural equipment and hundreds of logistics facilities have been lost.
Kozachenko expressed confidence that if the genetic potential of plants and animals is realized by at least 90%, Ukraine will be able to reach production levels of 150 million tons of grain and oilseeds, 25 million tons of milk, and up to 10 million tons of meat.
To realize this potential, according to the UAC president, Ukraine needs to attract $85 billion in investments over the next 10 years. These funds should be directed towards the development of the food, pharmaceutical and perfume industries ($37 billion), livestock farming ($18 billion), crop production ($8 billion), irrigation restoration ($7 billion) and bioenergy development ($5.5 billion). Another $10 billion should be allocated to logistics, horticulture, and greenhouse farming.
To stimulate the development of the agricultural sector, the UAC proposes introducing land and network connection incentives for deep processing plants, introducing a 25% subsidy for equipment, and creating a specialized mortgage banking institution. It is also proposed to involve international companies in the certification of products according to European standards directly in Ukraine.
“We have found financial resources of over $50 billion that were ready to be given to us to create the first mortgage bank in Ukraine. We have everything we need to launch this mechanism, so let’s work together to convince officials to start using it. We really need to cross the $100 billion gross output threshold, and this should be our strategic priority for the next decade,” Kozachenko emphasized.
The UAC president also announced joint proposals from a number of agricultural associations to accelerate the privatization of state-owned enterprises that can be involved in processing chains and to stimulate the development of industrial parks with special fiscal conditions. In particular, agricultural associations propose introducing subsidies of 10% for enterprises that use domestically produced deep-processed raw materials in their production and providing state guarantees to foreign creditors for the purchase of technological equipment.
An important aspect remains the digitization of the industry, in particular the creation of digital platforms for entering global markets, following the example of the Ukrainian resource Allbiz, which specializes in e-commerce and structuring offers in the B2B sector, as well as the introduction of European licensing practices through accredited offices of international certification companies, the UAC president concluded.
On February 2, the President of Uzbekistan was briefed on the current state and development plans for the coal and uranium industries. They discussed increasing coal production, strengthening competition in the industry, and the efficient use of existing reserves.
As noted, 10 million tons of coal are planned to be mined in the fall-winter season of 2025-2026, which is 1.3 million tons more than last season. As of today, 9 million tons of coal have been mined, an increase of 590,000 tons. It was emphasized that in the next season, it is necessary to bring production volumes to 11 million tons.
To achieve this, it is important to accelerate the development of deposits located in the Tashkent and southern regions, expand selective mining, and attract additional excavators and equipment on an outsourcing basis. By expanding the participation of private entrepreneurs, it is planned to extract an additional 2.5 million tons of coal in 2026.
Particular attention was paid to the project to develop the Nishbosh coal deposit in Angren. As part of the investment project, estimated to cost nearly $500 million, with reserves of 233 million tons, it is planned to start production in 2026 and ensure the production of 1 million tons of coal. In the future, the annual productivity of the deposit is expected to reach 10 million tons. The project will create 880 permanent jobs.
The presentation also discussed a project to produce new types of industrial products based on deep coal processing. At the initiative of the joint-stock company Uzkimyosanoat, it is planned to organize the production of polymer products based on chemical coal processing. The $5 billion project involves the creation of facilities for processing 8-9 million tons of coal and producing 1.18 million tons of polymer products per year.
Last year, 7,000 tons of uranium were mined in Uzbekistan, and the discovered reserves reached 139,000 tons.
This year, it is planned to start developing the Arnasay, Western Kyzylkok, Southern Zhongeldy, and Eastern Agron deposits. In connection with the expected increase in production volumes, the need to increase processing capacities has been emphasized.
Measures have been identified to ensure a stable supply of sulfuric acid for uranium processing and the technical sulfur required for its production.
The president has instructed the responsible persons to ensure the timely and high-quality implementation of planned projects in the coal and uranium industries, increase production volumes, and improve economic efficiency.
Kernel, one of Ukraine’s largest agricultural holdings, processed 995,000 tons of oilseeds in the second quarter of fiscal year 2026 (FY, October-December 2025), which is 2% more than in the same period last year and 78% more than in the previous quarter, the agricultural holding reported in its quarterly report.
It specified that sunflower seeds accounted for 85% of the total volume, with the remainder being soybeans, which were processed to partially offset the impact of limited availability of sunflower seeds on the domestic market.
According to the agricultural holding, oilseed processing volumes in July-December 2025 decreased by 6% compared to the same period last year, to 1.6 million tons, which is a result of a decrease in processing volumes under tolling agreements compared to the corresponding figure a year ago.
Sales of Kernel edible oil in the second quarter of 2026 amounted to 411 thousand tons, which is at the level of the same period last year, but the total figure for the first half of the year exceeded the result for the same period a year ago by 30% due to higher oilseed processing volumes. Bottled sunflower oil accounted for 17 thousand tons of total sales.
Silos received 2.3 million tons in the second quarter of 2026 FY, reaching 3.5 million tons in the first six months of 2026 FY.
“The 35% increase on an annualized basis was supported by higher overall grain availability due to increased corn yields in the group’s own agricultural segment, as well as increased grain consumption from third-party suppliers,” the agricultural holding explained.
Kernel’s grain exports reached 1.5 million tons in the second quarter of FY 2026, up 21% from the previous quarter. On an annualized basis, volumes increased by 10%, mainly reflecting the low comparative base of the previous year. The agricultural holding added that overall export rates remained limited due to delays in the harvesting campaign and continued slow sales to farmers.
The throughput capacity of Kernel’s export terminal in the second quarter of 2026 FY was 2.5 million tons, up 35% compared to the previous quarter. Grain crops accounted for 71% of total shipments, edible oils for 16%, and vegetable meal for the rest.
“At the same time, over the six months, the throughput capacity of the terminals decreased by 11% compared to the same period last year amid intensified Russian attacks on Ukrainian ports on the Black Sea and the Danube in the Odesa region, which led to prolonged disturbances and disruptions in the operation of the group’s terminals,” the agricultural holding stated.
Kernel recalled that in October-December 2025, Russian drones twice damaged the group’s port infrastructure in the Odesa region, including vegetable oil storage tanks and a number of production facilities. Preliminary estimates indicate a loss of approximately 500 tons of sunflower oil.
Before the war, Kernel was the world’s leading producer of sunflower oil (about 7% of global production) and its exporter (about 12%). It is one of the largest producers and sellers of bottled oil in Ukraine. It is also involved in the cultivation and sale of agricultural products.
