16.11.2009
Ukraine GDP Fell 15.9% Last Quarter, Extending Slump
Ukraine’s economy contracted 15.9 percent last quarter, extending the former Soviet state’s decline, as political wrangling stalled the payment of bailout funds needed to keep the country afloat.
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UkrFerry to launch regular Kerch - Poti/Batumi railway-ferry transportations
The UkrFerry company, dealing with railway-ferry transportations by the Kerch - Poti/Batumi route, declared their transfer to a regular basis.
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Group Tekt buys plant Odessakonditer
The group of companies Tekt buys the Odessa-based confectionery plant Odessakonditer.
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Nibulon obtains permission to construct grain terminal in Kremenchug
Nibulon company has obtained a permission from Poltava regional authorities to build a grain terminal on Dnieper in Kremenchug.
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Ukrainian grain traders holding world markets' lead
In 2009, Ukrainian grain traders are holding the lead by sale volumes on global markets, says Vitaliy Hudzenko, board chairman of the Agro-Leader-Ukraine farm complex.
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Chinese soya buyers slow down after purchases: survey
Chinese soyabean importers are expected to slow down their purchases in coming weeks after earlier heavy bookings covered requirements until January, an official survey showed. China has bought more than 15 million tonnes of US soyabeans and 6 million tonnes of South American new crop.
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Ukrainian grain market lowered by one third
According to estimations of APK-Inform experts, in 2009/10 MY, the export potential of grains and leguminous plants from Ukraine totals 16.8 mln tonnes, down 33% compared to the export volumes in 2008/09 MY. Despite the decrease of export volumes, the mentioned volume is rather large-scale, and exceeds the average annual indices of the previous seasons (except of 2008/09 MY).
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Meat production up
In September , meat production in live weight increased by 11% in Ukraine compared to August. The growth was registered mainly due to poultry and pork, UKRINFORM reports with reference to the Ukrainian Agrarian Confederation.
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Agroton attracts USD 42mn via placing 4mn ADR
The Lugansk-based agricultural and industrial holding Agroton has attracted USD 42mn (EUR 28.03mn) via placing 4mn American Depositary Receipt (ADR) issued in the ratio 1:1 to shares of the company.
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Total wheat harvest exceeds updated forecast by USDA
According to the updated forecasts of the United States Department of Agriculture (USDA), wheat harvest in Ukraine in the 2009/2010 season has been significantly increased, to 20.5 million tons, UKRINFORM reported, referring to the USDA.
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