Cofco launched a terminal in Mykolaiv in the value of  $ 75 million

Cofco launched a terminal in Mykolaiv in the value of $ 75 million

23.05.2016 News

Cofco launched a terminal in Mykolaiv in the value of  $ 75 millionRecently, the launch of the new terminal of COFCO Agri of grains and oilseeds transshipment took place in Mykolayiv, – it is reported by the informed sources.

According to the representatives of the company, the funds invested in the project, amounted to $ 75 million. The building of the terminal started two years ago and took  20 months. There are two grain silos, grain dryer, grain-cleaning with the capacity of 50 tons per hour, and the laboratory for verification of grain quality in the new terminal.

The Head of Cofco Agri Group companies in Ukraine – Vladimir Osadchuk noted in an interview that a complex, which conforms to the highest standards, was launched through the investment of Chinese enterprises and the use of the modernized imported equipment, and new jobs were created on its base.

Analysts note that the new terminal is one of the biggest investments of the Chinese company in the development of business in Ukraine.

COFCO is China’s largest company, with assets of $ 71.9 billion, which is engaged in the procurement and marketing of cereals. The company operates in 140 countries.

COFCO is one of the main shareholders of COFCO Agri – the main international platform of the enterprise.

Cofco Agri has 8 companies in Ukraine, in 2015 the company exported about 2.4 million tons of cereals, more than 1 million tons of which were shipped to China. The total staffing of the company in Ukraine counts about 500 people.

Source: biz.liga.net

 

Other articles

  • globallogic hexacta
    News

    GlobalLogic Acquires Hexacta, an Innovative Digital Engineering Firm in Latin America

    Company Continues Strategic Expansion Adding New Service Capabilities, Talent, and Broadening Nearshore Footprint SAN JOSE, Calif.—January 5, 2023— GlobalLogic Inc., a Hitachi Group Company and Digital Engineering Leader, today announced the acquisition of Hexacta, a Pan-Latin-America digital and data engineering company. The acquisition is part of GlobalLogic’s continued strategy to expand its offerings, and its […]

  • Тест
    Analytics

    Тест

    тест     тест

  • globallogic healthtech 1
    News

    GlobalLogic engineers help create nearly 10% of the global medical device market

    Last year, the global medical device market reached $532.62 billion, according to Mordor Intelligence. Ukrainian engineers are involved in the projects of key players, which occupy almost 10% of the market. This share can be estimated at 50 billion US dollars*. Domestic specialists create more than a hundred software solutions of various levels. These include […]

  • 2779913
    News

    Twitter працює над відновленням відеосервісу Vine

    Новий власник Twitter Ілон Маск доручив інженерам попрацювати над перезавантаженням Vine, яке може бути готове до кінця нинішнього року. Про це повідомляє Axios. Зазначається, що інженерам компанії необхідно вивчити стару кодову базу відеосервісу, яка не змінювалася та не оновлювалася з моменту закриття, а саме з 2016 року, коли з’ясувалося, що майданчик не витримує конкуренції. Втім, одне з […]

  • picturepicture 156446930057951110266878 96171
    News

    CREDIT AGRICOLE TOPS THE SOCIAL RESPONSIBILITY RATING AMONG BANKS ACCORDING TO STANDARD-RATING

    Credit Agricole has been ranked first in the social responsibility rating of the banking sector, created by Standard-Rating based on the 2022 half-year results. The rating agency commended the bank’s contribution to the economy of Ukraine. The bank has paid UAH 100 million in taxes in advance, while issuing UAH 1.2 billion in loans under […]

  • impact automotive
    News

    How Ukrainian developers make impact on road safety

    From October 1, drivers must turn on the dipped headlights of the car outside the city. This helps to additionally mark the vehicle in conditions of low visibility within the autumn-winter period. GlobalLogic reminds about the importance of compliance with traffic rules and tells about the developments of Ukrainian engineers that affect road safety. In […]

  • 750x450 press release image ua
    News

    Intellias completes acquisition of Digitally Inspired, strengthening expertise in the Retail and eСommerce industry

    Intellias, a global software engineering and digital consulting company, has announced the completion of its acquisition of Digitally Inspired, a fast growing, UK based peer, focusing on the Retail and eCommerce industry. “I am delighted to welcome the Digitally Inspired team to Intellias. It is symbolic that Intellias’ twentieth anniversary coincided with signing an agreement […]

  • shutterstock 1920327596
    News

    3×4, a recently-founded Ukrainian Web3 fundraising platform, launches its first campaign

    3×4, a Web3 fundraising platform for non-profits, has been launched in Ukraine to bring innovative crypto & NFT fundraising to the rising number of social impact causes. 3×4 helps non-profit organizations to fundraise utilizing NFTs in collaborations with artists and brands while providing donors utility, revenue and transparency. The idea of 3×4 was born in […]

Read also

ef52b8d88af1e00528756534c31f8823
Analytics

Sweden is a country with a dynamic economy

Everyone has heard about Sweden from childhood, as it was Stockholm where the well-known fairytale heroes The Kid and Carlson lived. Let’s add here favorite of all IKEA, the band ABBA, cars of Volvo and Scania, companies like Spotify, Ericsson, H&M, Electrolux and μTorrent – the vision of the nation is made up of pieces.  […]

Next
Cofco launched a terminal in Mykolaiv in the value of  $ 75 million
News

A Federal Court instituted a criminal proceeding against a financial holding company Wilmington Trust Corp.

Federal Court of the United States filed a criminal charge to a large bank  Wilmington Trust Corp. Four former heads of Wilmington Trust Corp. – David Gibson, Robert VA Harrah, William North and Kevin Rakowski are accused of fraud. Professor of the Delaware University – Charles Elson said that it would be unusual criminal proceeding […]

Next
Cofco launched a terminal in Mykolaiv in the value of  $ 75 million
News

Volkswagen buys American truck manufacturer for $ 3.7 billion

Traton Group, Volkswagen’s subsidiary for truck production, announced the purchase of its American competitor, Navistar International. Traton, which already owns about 16.7% of Navistar, is buying 83.3% of the company’s shares for the remaining $ 3.7 billion. Thus, the total value of the American company is estimated at $ 4.4 billion. Traton will pay Navistar […]

Next
snymok 3 1
Analytics

SWISS 2017

2017 was marked by many interesting and significant events for Switzerland. They relate to science, culture, and the social life of the country, and have become important and notable for both Switzerland and for Ukraine. 1. We celebrate the 25th anniversary of the establishment of Ukraine-Switzerland diplomatic relations in 2017. Both sides undoubtedly appreciate well-established […]

Next
Cofco launched a terminal in Mykolaiv in the value of  $ 75 million
News

Diageo accused LVMH of not paying dividends of 181 million euros

The world’s largest producer of alcohol, the British Diageo has initiated arbitration proceedings with the French luxury goods manufacturer LVMH Moet Hennessy – Louis Vuitton SA due to non-payment of dividends in the amount of 181 million euros in 2019. Diageo owns 34% in the joint venture with LVMH for the production of alcoholic beverages […]

Next
Cofco launched a terminal in Mykolaiv in the value of  $ 75 million
News

Poland wants to participate in the Nord Stream-2 certification

The Polish oil and gas concern PGNiG wants to take part in the certification procedure of the Russian Nord Stream-2 gas pipeline. “PGNiG and PGNiG Supply & Trading have applied for inclusion in the certification process of the Nord Stream-2 gas pipeline operator. The outcome of the review determines whether the pipeline owner will receive […]

Next
Cofco launched a terminal in Mykolaiv in the value of  $ 75 million
News

Wealthy Save Money In Alpine Rocks

The Swiss construction company Bruenig Mega Safe AG offered the rich to save their money in a storage carved into alpine rocks. It is reported that the company plans to use space in the mountains equivalent to ten football fields to create a storage. The warehouses will have a volume of 100 cubic meters and […]

Next
Cofco launched a terminal in Mykolaiv in the value of  $ 75 million
News

Apple has been accused of violating user rights in France

In France, France Digitale claims that Apple violates EU law to protect user data. As found in France Digitale, by default, all devices allow Apple to “run its own advertising campaigns without clearly informing users,” although in the latest version of iOS 14 users are asked if they are willing to allow applications installed on […]

Next
Cofco launched a terminal in Mykolaiv in the value of  $ 75 million
News

В Україні зібрали вже майже 12 млн. тонн урожаю

В Україні вже зібрали 11,8 млн. тонн зернових та зернобобових культур із загальної площі 3,5 млн. га, повідомляється на сайті Міністерства аграрної політики. Так, намолочено 8 млн. тонн пшениці (+4,2 млн. тонн за тиждень) з 2,3 млн. га (+1,1 млн. га), 3,5 млн. тонн ячменю (+1 млн. тонн) з 1,73 млн. га (+0,92 млн га) […]

Next
Cofco launched a terminal in Mykolaiv in the value of  $ 75 million
News

Trump announced the release of the COVID-19 vaccine in the shortest possible time

The United States plans to announce the readiness of the American vaccine against the coronavirus infection COVID-19 in the near future. The promise was made on Thursday by US President Donald Trump during the final round of election debates with the Democratic candidate Joe Biden at Belmont University in Nashville, Tennessee. This was reported by […]

Next
Cofco launched a terminal in Mykolaiv in the value of  $ 75 million
News

The Polish company Green Factory wants to grow vegetables in the Zakarpatsky region

The Polish company Green Factory is interested in renting 500 hectares for growing vegetables in the Zakarpatsky region. The company plans to create its own raw material base in Ukraine. This is said in the statement of the Zakarpatsky regional administration. “The Representatives of the Polish company Green Factory Holding,  Rytel Arthur and Martin Kusmerovsky […]

Next
Cofco launched a terminal in Mykolaiv in the value of  $ 75 million
News

Arcelor Mittal has avoided a fine of 72 million UAH

The Supreme Commercial Court of Ukraine overturned the decision on the recovery of a fine in the amount of 72.7 million UAH to PJSC Arcelor Mittal Kryvyi Rih. This information was reported by the representatives of the Ukrainian industrial complex on December 20th. According to a statement, prosecutors claim was rejected, and the previous decision […]

Next
globallogic hexacta
News

GlobalLogic Acquires Hexacta, an Innovative Digital Engineering Firm in Latin America

Company Continues Strategic Expansion Adding New Service Capabilities, Talent, and Broadening Nearshore Footprint SAN JOSE, Calif.—January 5, 2023— GlobalLogic Inc., a Hitachi Group Company and Digital Engineering Leader, today announced the acquisition of Hexacta, a Pan-Latin-America digital and data engineering company. The acquisition is part of GlobalLogic’s continued strategy to expand its offerings, and its […]

Next
Cofco launched a terminal in Mykolaiv in the value of  $ 75 million
News

As US retailers are boycotting the “Black Friday” in 2015?

At 27th of November, 2015 the famous American company REI, which sells products for sports, tourism and travel, reported that on Friday – 30th of November, all 143 stores will be closed. The company decided to arrange for their employees a paid for the output. This decision is a kind of protest against rampant consumerism. […]

Next
Cofco launched a terminal in Mykolaiv in the value of  $ 75 million
News

The Commission on Securities and Stock Market of Ukraine suspended the licenses of “Ukrainian Stock Exchange”

The Law of Ukraine “On licensing certain types of economic activity” valid from the 28th of June 2015 states that economic entities may be deprived of licenses if they are controlled by the aggressor country. On the 17th of November 2015 the Commission has deprived a license from “Ukrainian Exchange”, because it is a subsidiary […]

Next
Cofco launched a terminal in Mykolaiv in the value of  $ 75 million
News

Antonov’s two newest planes were banned from flying

Two newest An-132D and An-178 aircraft were excluded from the state register of civil aircraft in Ukraine. The relevant order was published on the portal of the State Aviation Service of Ukraine. The decision was made due to the lack of airworthiness certificate for the aircraft for two years, and the State Aviation Service did […]

Next