News of Ukraine

Cygnet purchased the new TEM-2U-8289 locomotive to reduce logistics costs. It will run on the railway tracks of the elevator in the village of Kozyatyn from the end of September. It is reported by the company on its Facebook-page. «This locomotive is identical to the other one in the elevator in the village of Andrushky. Its characteristics are satisfied: high-qu...

«Astarta» sugar revenues amounted to EUR57m (up by 3% y-o-y) on improvement of realized prices to EUR354 per tonn compared to EUR329 per tonn a year ago. This lead to the EBITDA increasing to EUR8,1m in 1H20 from EUR4,0m in 1H19. It is reported by press center of the company. «Astarta»’s consolidated revenues amounted to EUR172m in the 1H20 with exports’ share of 53%. The Agricultural segment’s...

Currently, Shepetivka Sugar Refinery carries out an important reconstruction, thanks to which significant savings of costs and losses in sugar beet supply for production.  It is reported by the company on its Facebook-page. «We are approaching the beet storage silo to the refinery. Thus, the transportation distance will be reduced: previously it was about...

In July 2020, «Krasyliv Sugar Refinery» PC, founded in 1842, officially joined the “sweet” family of «A’SPIK Group», connecting with «Starokostiantynivcukor» LLC and «Shepetivka Sugar» LLC. It is reported by the company on its Facebook-page. Thus, the production complex became the third and the oldest sugar refinery in the group of companies. In order to prepare the refinery, which...

«Astarta-Kyiv» received the award for leadership in energy management, according to the results of the international competition Energy Management Leadership Awards, which since 2016 has been organizing the global forum Clean Energy Ministerial (CEM) – an international organization that brings together representatives of ministries of energy of 25 countries worldwide, the Europea...

Sugar beet — valuable technical crop, the main source of raw materials for sugar production. It is reported by press-service of the company. Sugar beet growing season is in full swing. Phytosanitary supervision of sugar beet crops is constantly carried out. As of July 13, sugar bee...

«A’SPIK Group» will enter the retail market under the eponymous “sweet” brand. It is reported by the company on its Facebook-page. In particular, Khmelnytsk sugar producers have already launched a line of packing a “sweet product” of their own produ...

The European Bank for Reconstruction and Development (EBRD) is considering provision of an additional USD10 million tranche to «Astarta». It is reported by press service of the bank. According to the report, these funds will be used to create additional liquidity cushion during the COVID-19 crisis.  The EBRD said the loa...

Sugar beet pulp is in demand in domestic and foreign markets. It is reported by the company on its Facebook-page. In particular, in 2019/2020 marketing year, the main consumer of extracted sugar beet pulp from «A’SPIK Group» became a la...

 I&U Group Agroholding completed the construction of the biogas complex with a capacity of 6 MW/h near the village of Kapitanivka, Novomyrhorod district, Kirovohrad region. It is announced by I&U Group founder Sergei Tarasov on his Facebook-page.  He notes that the complex will process sugar production waste into raw materials for heat and electricity an...