News of Ukraine


Gnidava Sugar Refinery is working on the pulp drying project

Gnidava Sugar Refinery continue to modernize sugar production, confidently reaching European standards. If we talk about the future, developments in the concept of pulp drying are currently being discussed. The press-service of the company reports. The company have been negotiating with Polish project organization, which have pledged to prepare the relevant project. Today's reconstruction, wh...


Giant sugar beet have been grown in Volyn region

«Gorodyshche» LLC cultivates the largest sugar beet area in Volyn region. Roots of breeding varieties have a mass of over 2 kg, and before harvesting, their weight is forecasted to reach 4 kg. It is reported by VolynPost. The huge sugar beet fields spread not far from the village of Gorodyshche in Lutsk district where 180 hectares have been planted with «Akatsiya» v...


Severodonetsk «Azot» resumed ammonium nitrate production

As of August 1 Severodonetsk «Azot» produced the first thousand tonnes of ammonium nitrate. It was announced by the Chairman of the trade union committee of the enterprise Valery Chernysh, «Radio svoboda» reports. «The air separation and steam/water supply workshops, as...


Gnidava Sugar Refinery completes the installation of beet pulp presses

Gnidava Sugar Refinery continues to modernize production. The installation of «Babbini» beet pulp presses is in the final stage. The equipment is intended for pulp spinning after diffusion. It is announced by the deputy chairman of the investment board Glib Galkevych, the press service of the company reports. «Two thirds of equipment have already been installed, we begin to brin...


Bioethanol — the best way of Ukrainian sugar industry development

Experts call the bioethanol production at Gnidava Sugar Refinery in Lutsk as one of the examples of production that moves towards Ukraine's energy independence. It is reported by the press service of the company. «This project is necessary for Ukraine. We get energy resource from our molasses, which can replace 50 thousand tonnes of oil in a yea...


«Astarta» increased sugar sales by 13%

As a result of the 2-nd quarter of 2018, «Astarta-Kyiv» agro-industrial holding increased its sugar sales by 13% — to 91.74 thousand tonnes, as compared to the same period of 2017. It is stated in the company's  message on the Warsaw Stock Exchange. As it is noted, wheat sales decreased by 98%, corn — by 5%, barley — by 98%. At the same tim...


«Astarta» received $20 million loan from EBRD

«Astarta-Kyiv», the largest sugar producer in Ukraine, will receive a long-term loan to finance the working capital needed for plant growing, sugar beet and soy processing. It was announced by the leading adviser on external communications of the Bank Anton Usov, delo.ua reports. The EBRD Board of Directors approved a loan decision at the meeting on July 18. The...


Sugar exports increased by 25%

In June 67,6 thousand tonnes of sugar were exported, or 25% more than in the previous month. «The main sugar deliveries were carried out to Uzbekistan — 51% and Libya — 35%. Also, insignificant volumes were sent to Azerbaijan — 5%, Armenia and Georgia —...


«Astarta» redeemed its shares worth almost 65 thousand dollars

In the period from July 4 to July 6, 2018, «Astarta-Kyiv» agro-industrial holding bought 7,2 thousand of its shares on the stock exchange. It is stated in a message of the company on the Warsaw Stock Exchange. The average price of the share was PLN 33.49 or about $ 9. Thus, the total amount of the transaction was 241 thousand zlo...


«Cygnet Holding» increased land bank to 29 thousand hectares

«Cygnet Holding» has increased the land bank to 29 thousand hectares. The press-service of the company reports. In particular, it is reported that the company has completed the operation to buy «Ruzhynsky Kray» enterprise, in Zhytomyr region, thus in...

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