Seeing a clear plan of debt restructuring, international lenders agreed to continue cooperation with UkrLandFarming in the agricultural sector.
“Today we can see that efficiency UkrLandFarming fully restored, the financial situation is stable, and the lenders are configured to work with the holding in the future”, – said Nick Piazza, CEO of SP Advisors finance company.
According to him, the agricultural sector will be one of the most attractive destinations for investors in the next few years. “Right now, investor interest is concentrated on traditional industries of Ukraine – on agriculture sector and on the food industry”, – said the expert. Nick Piazza said the company Ukrlandfarming, which is owned by Oleg Bakhmatyuk already negotiates with creditors about finance the construction of grain processing terminal at the port of “Yuzhnij”, at the Black Sea.
“I think that the grain terminal in the port of “Yuzhnij “is a unique opportunity as for Ukrlandfarming, and for Ukraine. This ambitious project has been planned by the company for over a year. Money for investment in the capital of this project has already been found, and the Ukrlandfarming is negotiating about the conditions with debt investors “, – said a financial analyst.
Opportunities for new borrowing, in the international market, for UkrLandFarming, have been opened after successful negotiations with creditors to restructure debt.
“Bakhmatyuk was not lost sight of, and showed really constructive dialogue with creditors. This position looks for investors is very positive. Debt window currently remains closed to all Ukrainian companies. But as soon as this window will be open, I see no reasons why UkrLandFarming can not re-enter the debt market, for example, for the refinancing of its current debt, “- concluded the expert.
The company of Oleg Bakhmatyuk, UkrLandFarming already preparing to begin construction of grain processing terminal this year in the port “Yuzhnij”. The design capacity of grain processing complex will be 10 million tons. The company will build three berths 600 meters long, which will be able to handle ships carrying up to 100 thousand tons. The capacity for simultaneous storage of grain at the terminal will be 800 thousand tons. It will also build a container terminal, feed mill and the oil-fat complex with capacity of 260 thousand tons. Financing of the project is estimated at $ 400 million.
Ukrlandfarming Group is the largest in Ukraine vertically integrated agricultural holding, which controls the largest area of the fertile black earth in Ukraine – 653 thousand hectares.
Read more: Ukraine has canceled the registration of foreign investments
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
In order to present existing opportunities and draw attention of the international business community, UkraineInvest organizes an international forum with the participation of leading business representatives and expert environment of Ukraine and the world. The need to rebuild Ukraine creates a variety of attractive investment projects aimed at contributing to shaping a new economy of […]
Проект, що його розробляє уряд, визначає введення 10% збору на купівлю іноземної валюти імпортерами. Деталі ініціативи Кабміну повідомив нардеп Ярослав Железняк, який є заступником голови податкового комітету Верховної Ради. “Тут варто зазначити, що обрана концепція не передбачає додаткових імпортних мит (що є складним при адмініструванні), а визначає запровадження 10% збору на валютообмінні операції із купівлі всіх […]
According to the updated data of the State Statistics Service, Ukraine’s GDP growth in the second quarter of 2021 was 5.7% in annual terms, which is 0.3% higher than the previous estimate. In particular, for six months the nominal GDP was UAH 1 trillion 169.4 billion, and per capita – UAH 28.19 thousand. Compared to […]
Next
The Primorsky District Court of Odessa arrested the property and the shares of the Odessa oil refinery of the prosecutor’s office suit and the application of the state enterprise Ukrtransnefteprodukt, which was all movable property of the refinery previously transferred to. This is stated in the judgments from 19 January. The arrest imposed on the […]
Next
On May 31, Ukraine will make payments for the first time on GDP warrants issued as part of public debt restructuring in 2015. This was reported by the press service of the Ministry of Finance. The first payment will be $ 40.75 million. Taking into account the total notional or nominal amount for which GDP […]
Next
Hungarian businessmen interested in the wine industry in Ukraine. They are willing to invest and develop the wine industry with a view to the sale of Ukrainian wines in Europe. This interest was announced during a meeting of Taras Kutovoy, the Minister of Agrarian Policy of Ukraine and Industry with Erno Keshkenom, Hungarian Ambassador to […]
Next
Ukraine will allocate 2.6 billion hryvnias for the purchase of a coronavirus vaccine. This was stated by Finance Minister Serhiy Marchenko at the press conference on Monday, September 14. “By 2023, we have a real opportunity to ensure health care spending at 5%. There is an increase in 2021 to 4.2% of GDP for health […]
Next
Apple Inc. for the first time in 2016 ranked first in the list of most valuable brands in the world. Brand Finance analysts estimated the company at $ 263.4 billion. Amazon ($ 254.2 billion) is second in the annual Brand Finance Global 500 ranking, followed by Google ($ 191.2 billion). The top ten most expensive […]
Next
The economy will begin to recover in the aftermath of the coronavirus pandemic crisis, but some will lag behind the “leaders of the post-pandemic world” – the United States and China, writes Bloomberg Economics on April 4. The recovery of the global economy is projected to be at a record pace and will grow by […]
Next
Allseeds Group of companies, contests in court decisions of the Odessa Regional State Administration and the Vizirskyi village council (Odessa region) about the allocation of lands for berths of “Energy Products Co., Ltd.” (Odessa) in the”South” Port, – it is reported by “Interfax-Ukraine”. “We were asking the Odessa regional administration and local authorities to allow […]
Next
Ukraine has made great efforts to create a new development strategy of its agri-food sector. Norway helps to bring this strategy to life by funding a project of the Food and Agriculture Organization (FAO). It is reported by the press service of the FAO. Norway’s contribution of $ 362 thousand will enable FAO to provide […]
Next
McDonald’s will start producing vegan chops for burgers next year. This was reported by CNBC with reference to the company’s president Jan Borden. According to him, McDonald’s will independently produce vegan chops for its burgers. While we are talking about beef substitutes, but in the future in the restaurants may appear vegan “chicken”. “Vegetarian chops […]
Next
The ED&F Man Ukraine company plans to invest another $ 10 million in a sugar refinery in the Mykolaiv region and expand its land bank to 45-50 thousand Ha. The previous investments of the company in the mentioned plant consisted about $ 30 million. This was announced by the Director of ED&F Man Ukraine – […]
Next
Radisson Hotel Group has plans to more than double its serviced apartments portfolio within the next 5 years across EMEA. Today, serviced apartments represent around 10% of the Group’s EMEA portfolio with 45 properties and more than 5,400 units in operation and under development. Radisson Hotel Group operates its serviced apartments as a stand-alone or […]
Next
Ministry of Economic Development of Ukraine considers as unacceptable any use of force in the enterprise and expresses its intention to be protected within the framework of the law. Ministry of Economic Development has announced an attempt to raider seizure of state enterprise “Electrotyazhmash” plant”(Kharkiv). This was reported by the press service of the Office. […]
Next
Closing a topic of legal relations registration niceties with the builder, we have approached to the last which LDaily so-called as a”scheme” of investment attraction. It is apartment purchase through securities. This method deserves a special attention because it is simple, reliable and becomes more and more popular. Therefore builders practice the conclusion thicket and […]
Next
In the US, Democrats in the lower house of the Congress presented a package of the assistance to combat the effects of the epidemic COVID-19, valued at $ 2.2 trillion. It was reported by the Voice of America. The House Speaker, Nancy Pelosi, issued the letter stating that the bill “provides much-needed resources to protect […]
Next
Despite the coronavirus pandemic, the total value of the most expensive brands in Ukraine increased by 1.5%. The Korrespondent magazine compiled the brand rating. Thus, the top five most expensive brands in Ukraine included Kyivstar ($ 225.48 million), Rozetka ($ 210.42 million), Darnitsa ($ 187.23 million), Morshynska ($ 173.25 million) and Nova Poshta ($ 170.01 […]
Next
