Kernel Group to retain 2009 financial indicators in 2010

Kernel Group, a large operator on Ukraine's sunflower seed oil market, plans to boost its net profit in the new fiscal year, which coincides with the marketing year for grain crops started from July 1, by 1.1%, to $130 million, according to a company report issued on August 28.

01.09.2009

Ukraine Collects 36.7 mln mt of Grain

On 27 August 2009 Ukraine agriculture Minister Yuriy Melnik told journalists at a press conference that Ukrainian agricultural producers have completed their grain harvesting campaign and have collected 36.7 mln mt of grain.

NIBULON gets another 3 vessels for own fleet

Wadan Yards Okean (Mykolayiv) has today launched another three non-self-propelled dry-cargo river-sea ships produced by order of NIBULON Agricultural Limited Liability Company. NIBULON thus already has four barges.

Ukraine to reduce tariffs for grain shipment in the ports

Ukraine increased agricultural products output by 3.8%

During the first seven months of 2009, the general output of agricultural products in all agrarian economies of Ukraine increased by 3.8%, including agricultural enterprises - up 5.9%, economies of Ukrainian population - down 1.8%, declared the State Statistics Committee on August 13.

Razgulay Group posts RAS net loss in H1.

As announced by the largest domestic agricultural company, Razgulay Group posted RAS net loss of RUB 1.494mn in H1 vs. RAS net profit of RUB 1.4mn for the same period of last year.

Agriculture Ministry to intensify quality monitoring at Dyatlovo and Skidel dairies

The Ministry of Agriculture and Food of Belarus will intensify quality monitoring at the Dyatlovo Creamery and the Skidel Dairy, the affiliated branch of Molochny Mir Company, BelTA learned from the Ministry of Agriculture and Food.

Budget deficit ceiling to be raised to 7.5%

On 14 August Prime Minister Vladimir Putin met in Sochi with State Duma Speaker Boris Gryzlov, Federation Council Speaker Sergei Mironov, and Deputy Prime Minister and Finance Minister Alexei Kudrin.

Poltava oblast prepares for Sorochyntsi fair

On August 19-23 in Velyki Sorochyntsi village in Poltava oblast the Sorochyntsi fair will take place, the ForUm’s correspondent informs.

Ukraine increases export of sunflower seed oil

Over 11 months of this marketing year (marketing year, September 2008-August 2009), Ukraine exported, according to preliminary data,1.95 million tons of sunflower seed oil, 44.4% up against the same period of the previous marketing year, the Agricultural Policy Ministry informs.