Ukraine as of September 9, 2019 threshed 39.7 million tonnes of grain and leguminous crops from 10.1 million ha (66% of the target) with an average yield of 3.92 tonnes per ha, the Agricultural Policy and Food Ministry of Ukraine has reported. According to the ministry, 281,000 tonnes of corn were threshed from an area of 46,000 ha (1%), buckwheat – 29,000 tonnes from 46,000 ha (32%), millet – 110,000 tonnes from 58,000 ha (64%). Early grain and leguminous crops collected 39.2 million tonnes from an area of 9.96 million hectares.
In addition, 2.5 million tonnes of sunflower were harvested from 1.2 million hectares (21%) with a yield of 2.04 tonnes per ha and 484,000 tonnes of soybeans from 214,000 ha (14%) with a yield of 2.26 tonnes per ha.
As reported, the ministry predicts this year’s harvest in Ukraine at 71.1 million tonnes (of which 27.8 million tonnes of wheat) compared to 70.1 million tonnes in 2018.
Belarus could host Olympic Games together with Russia or Ukraine, Belarusian President Alexander Lukashenko said.
“Of course, it is hard for us to compete with giants, but we can host the Olympics together with, let us say, Ukrainians or Russians,” the BelTA state news agency cited Lukashenko as saying in Brest.
Facilities for the Olympic Games are ready in Belarus, he said. “We’re going to build the national soccer stadium and a facility for water sports now, and soccer remains. Russia has the infrastructure for soccer. We can easily host the Olympics with them. And here, in Belarus, we can host mostly the Summer Olympics with the help of Russians or Ukrainians. They have facilities we’re lacking,” Lukashenko said.
Belarus hosted the Second European Games in June.
Main trade partners of Ukraine in % from total volume (export from Ukraine to other countries) in Jan-June 2019
The Danish agro-company Agromino with assets in Ukraine, Russia and Estonia received EUR 6.6 million of net profit in January-June 2019 against EUR 2.8 million of net loss for the same period in 2018.
According to a company report on the website, total income, adjusted for the fair value of assets and reserves, for the first half of this year increased 10%, up to EUR 30.2 million.
Agromino’s EBITDA for the six months was positive and totaled EUR 10.2 million in comparison with negative indicator in p2018 – EUR 1.8 million.
Consolidated assets of the agricultural company at the end of June 2019 were estimated at EUR 92.9 million compared to EUR45.4 million by the end of 2018.
Agromino in the second quarter of 2019 saw 21% million rise in net profit against EUR 9.8 million of net profit for the same period last year. Total revenue for this period increased by 9.5%, to EUR 22.2 million.
Agromino (formerly Trigon Agri) was established in 2006. It specializes in grain and dairy production, agricultural trade.
In Ukraine, the company owns four silos with a capacity of 145,000 tonnes. Its land bank is about 45,000 hectares in Kharkiv, Mykolaiv, and Kirovohrad regions.
Ukraine, Poland and the United States on Saturday, August 31, signed an agreement on cooperation in the gas sector, National Security and Defense Council (NSDC) of Ukraine Oleksandr Danilyuk said.
“At a meeting with U.S. Secretary of Energy Rick Perry, which preceded the signing of the Memorandum, we discussed the importance of diversifying the risks dictated by dependence on Russian gas supplies, both for Ukraine and Poland. One of the steps to ensure energy independence of our state will be the supply of liquefied gas through Poland, “he wrote on his Facebook page on Saturday night.
Danyliuk considers the signing of the memorandum historically important for Ukraine.
“A historic day. Another step towards diversifying gas supplies to Ukraine,” Danyliuk said.
Foreign direct investment (FDI) in Ukraine as equity capital as of July 1, 2019, was $33.724 billion, which was 2.6%, or $0.84 billion more than in the beginning of the year, the State Statistics Service of Ukraine said. According to the data, the inflow of FDI for the sixth months of 2019 totalled $1.256 billion, $728.9 million was written off, other changes of the cost of the corporate capital of nonresidents totaled $309 million with exchange rate differences of $520.8 million.
According to previously published data, first quarterly inflow of FDI in Ukraine grew by $45.5 million.
Cyprus was the leader in FDI surplus in the first half of 2019 with $388.8 million, followed by the Netherlands ($295.1 million), Russia – 145.5 million, and Switzerland ($100.3 million).
Meanwhile, FDI from Hungary decreased $250.6 million.
Nonresidents invested $318.5 million in financial and insurance activities, $184.9 million and $176.4 million in extractive and processing industries respectively, $113.8 million in wholesale and retail trade, $122.6 million in transactions with property, $128.4 million in science and technical activities.
Although there was a $270.4 million drop in FDI in the field of administrative and supportive service for the mentioned period.