News

USD 1.5 Billion Investment for Irrigation Repair

Oleksiy Pavlenko, the Minister of Agrarian Policy and Food of Ukraine, expects a USD 1.5 billion investment within the implementation of Irrigation Repair Strategy for southern Ukraine. This was stated during the meeting of Coordination Council for Irrigation Repair and Development.

Soy Processing in Ukraine to Increase by 30%

In 2015/16 MY, soy processing in Ukraine will increase by 30.4% (up to 1.5 million ton) against YOY, while soybeans export is expected to decrease by 13% (down to 2.1 million tons), as reported by Ukraine’s State Informational and Analytical Centre for Monitoring International Commodity Markets.

Motor Sich: Occupying Skies

In 2015, Motor Sich JSC increased the net profit 2.37 times against YOY, up to UAH 3.67 billion. Such substantial growth depends largely on the national currency devaluation, but the company is likely to improve its financial activities due to expansion into new markets.

UAE Authorizes Ukrainian Meat Supplies

United Arab Emirates authorized supplies of Ukrainian mutton, poultry and beef. Veterinary Offices of both countries are currently working on the draft veterinary certificates for exporting milk and dairy foods, as well as fish and fishery products.

UAH 27.9 billion capital investment raised for Ukrainian agricultural sector in 2015

According to the Minister of Agrarian Policy and Food of Ukraine Oleksiy Pavlenko, capital investments in Ukrainian farming sector in 2015 reached 27.1%, the institution’s press-service informed on Friday.

Ukraine is one of world’s top ten exporters of butter and cheese

As estimated by the USDA, Ukraine is the world’s eighth exporter of butter and cheese.

Ukraine should become agricultural superpower – US Ambassador

“Ukraine owns more than a quarter of global black earth, and Ukrainian export has already shown 40% growth. But you must not leave it at that,” Ambassador Pyatt said.

When will An of Arabia take off?

Antonov State Company reached an agreement on jointUkraine-Saudi Arabia manufacture of An-132 aircraft. The contract was signed in Riyadh on February 21, with the bargain estimated at USD 2-3 billion. Besides Antonov, other Ukrainian companies have their share in the business.