News of Ukraine


Gnidava Sugar Refinery carries out sugar beet crops audit

Gnidava Sugar Refinery audits sugar beet crops and forecasts the croppage and processing of 500 thousand tonnes of beets.  Deputy Chairman of the Board of Gnidava Sugar Refinery on the raw materials, Oleksandr Nikishyn, commentes, the press service of the company reports.  The company said that...


«Astarta» reduced its sugar segment revenues

For the six months of 2019, «Astarta» sugar revenues were down by 1/5 — to EUR55 million. It is reported by press center of the company. Sugar revenues were down by 1/5 — to EUR55 million as the Company reduced sugar output and sales (153k tonnes in the first half of 201...


In Volyn region two sugar refineries will be in operation during 2019 "beet" season

The sugar beet harvesting season will start in early September, and in Volyn region two sugar refineries will be in operation — Maryanivskyi and Gnidava Sugar Refineries. Ivanychy Sugar Refinery, which is the third refinery in the region, will not be engaged in processing of raw materials, it will receive beets for their further delivering to another enterprise. The director of the regional department of agro-industrial development Yuriy Gorbenko announced it during an operational meeting on August 7, VolynPost reported. «It is known that Maryanivsky...


«A'SPIK GROUP» exported 3,000 tonnes of granulated beet pulp

In 2018, «A'SPIK GROUP» exported 3,000 tonnes of granulated beet pulp. It is reported by the company on its Facebook page. The corporation informs that, although pulp is not the main product, it is a by-product of sugar production and one of the mo...


Ex-factory prices for sugar will increase by 18%

In 2019/2020 MY, ex-factory prices for sugar will increase by 18% — up to 13 thousand UAH per tonn due to the sugar output decline. According to «Ukrsugar» Association forecast for 2019/2020 MY, sugar production will amount to 1,1-1,2 million tonnes, which is more than a third less than the previous crop...


«Astarta» reduced sugar sales by 17%

In the first half of 2019, agri-industrial holding «Astarta-Kyiv» reduced sugar sales by 17% or 31,23 thousand tonnes. It is reported on the website of the Warsaw Stock Exchange. Sugar sales decreased from 184,58 thousand tonnes in the first half of 2018 to 153,35 thousand tonnes in the first half of 2019. It is no...


Polish Fund reduced its share in «Astarta»

Aviva Santander (Poland) Opened Pension Fund informed Astarta Holding NV about the sale of its stake in the company. It is reported on the Warsaw Stock Exchange. Aviva's share dropped below 3%. Before this agreement, as of July 9, 2019, Aviva OFE owned 786 106 shares in the company, representing 3,14%...


In June, sugar export almost twice decreased

In June of the current marketing year, Ukrainian producers exported 24,8 thousand tonnes of sugar or 40% less than in May. «Azerbaijan remained the main importer of Ukrainian sugar, but Libya competed with it, accounting for 28% of the total export volumes. Also, significant deliveries were made to Georgia and Tajik...


«Gals Agro» plans to launch the fourth biogas complex

In 2019, «Gals Agro» plans to put into operation the fourth biogas complex.  «Agrarian Elite of Ukraine» magazine reports about it. By the end of this year, the company plans to generate 7 MW of electricity. Such direction of activity as an alternative energy...

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