USA company invests $ 100 million in the Yuzhnyi sea port

USA company invests $ 100 million in the Yuzhnyi sea port

25.02.2016 News

imagesThe American company Cargill invests $ 100 million in the construction of a grain terminal in the Ukrainian Yuzhnyi sea port (Odessa region).

This was announced by the Prime Minister, Arseniy Yatsenyuk at the signing ceremony of the investment agreement, which took place on Wednesday in the Cabinet of Ministers.

“It’s been 7 months, and the result of 7 months is $ 100 million that one of the world’s largest USA companies Cargill decided to invest in the Yuzhnyi Port, in the construction of a new grain terminal. I want to congratulate the American and the Ukrainian business”, – he said.

According to the Minister of infrastructure Andriy Pivovarsky, the terminal with a capacity of 5 million tons will provide with jobs of 350 people. Startup of the  terminal is scheduled for 2017.

“We can sign such projects at least once a month. The only thing that keeps us is the decision of the Verkhovna Rada not to vote for the bill 2488a. In that decision, the Verkhovna Rada would permit the Government of Ukraine to attract as many resources in the infrastructure of the port that would permit to withdraw Stevedoring public companies from the list of the strategic and would allow the privatization. In such a way, the Verkhovna Rada would allow to create thousands of jobs and attract billions of dollars of investments and create additional monetary base budget, to increase the social standards”, – he said.

It will be recalled, that the Cargill buys 51% stake in the transshipment terminal, which the Stevedoring company “MV Cargo” will build in the port.

Before the start of the construction, Ukraine takes a responsibility to create the water area with the desired level of improvement works on the way to the terminal.

Source: economics.lb.ua

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

USA company invests $ 100 million in the Yuzhnyi sea port
News

Serbia opens its market for Ukrainian fowl

Ukraine and Serbia have approved a veterinary certificate form for export of fowl. The companies which can export to the EU only could perform the deliveries. Public service of Ukraine on safety issues of foodstuff and consumer protections (PSUSIFCP) and veterinary service of Serbia have approved a form of the veterinary certificate for export of […]

Next
USA company invests $ 100 million in the Yuzhnyi sea port
News

“Klub Syra” enters the EU market

The “Klub syra” Company is considering the possibility of cheese deliveries to Romania and Bulgaria and deliveries  of dry fat-free to  Romania, Bulgaria and Poland. This was announced by the CEO of the company Maxim Rylik, writes “Ukrainian News”. “As for the European Union, today  we are considering the issue of the exports in direction […]

Next
USA company invests $ 100 million in the Yuzhnyi sea port
News

Naftogaz has found a second partner to develop the offshore shelf

Naftogaz has signed a memorandum with the Israeli company Naphtha Petroleum on possible geological exploration of hydrocarbons on the Black Sea shelf. This was reported by the press service of Ukrgazvydobuvannya. It is noted that Naphtha Petroleum has proven experience with the necessary deepwater technologies and business relationships with leading operators in the development of […]

Next
USA company invests $ 100 million in the Yuzhnyi sea port
News

The UN has estimated the scale of the decline in world trade in 2020

Global trade turnover in 2020 will decrease by 7-9%. This was announced on Wednesday, October 21, by the RBC-Ukraine news agency with reference to the report of the UN Conference on Trade and Development UNCTAD. The decline in trade has occurred in all regions of the world due to quarantine restrictions, the report said. They […]

Next
52871852 331497207484336 1493648187980775424 n
News

Lawyer.ua – the first legal assistance on the international scale

S&P Investment Risk Management Agency launched a legal portal Lawyer.ua 5 years ago. It was designed as an innovative online-platform for lawyers’ communication and for all who needed legal assistance. Experts now can effectively provide legal services in personal online-cabinets while clients can get qualified legal assistance promptly. Today, Lawyer.ua has grown into a large-scale […]

Next
USA company invests $ 100 million in the Yuzhnyi sea port
News

Following Twitter and Facebook, Google has suspended data requests from the Hong Kong authorities

The American corporation Google, following other American companies Twitter and Facebook, suspended data requests from the Hong Kong authorities after the new Chinese law entered into force on this autonomous territory. “Last Wednesday when the law went into effect, we suspended any new data requests from the Hong Kong authorities. We will continue to study […]

Next
USA company invests $ 100 million in the Yuzhnyi sea port
News

The Japanese company Fujikura opened a plant in the Lviv region

The opening of the plant of the Fujikura company in Ukraine should be a strong signal to all investors willing to believe in our country. The President of Ukraine Petro Poroshenko wrote about this in his Twitter after the opening of the new plant of Fujikura  in village Pidryasne near Lviv. “You will not find […]

Next
USA company invests $ 100 million in the Yuzhnyi sea port
News

Oracle is negotiating about buying TikTok

Newspaper Financial Times found that IT-Oracle Corporation wants to buy Chinese video service TikTok. About this edition with reference to sources wrote on August 18. Official information about negotiations in ByteDance (it owns TikTok), nor Oracle did not comment. According to sources of FT, the company also is negotiating with investors who own shares in […]

Next
USA company invests $ 100 million in the Yuzhnyi sea port
News

Deutsche Bank explained the abnormal demand for bitcoin

Abnormal growth in the value of bitcoin and sharp demand for it is due to the desire of investors to protect their savings from inflation, according to analysts at investment bank Deutsche Bank. Printing machines in the US and the EU will very quickly fill the economy with cheap money, with growing problems in the […]

Next
USA company invests $ 100 million in the Yuzhnyi sea port
News

Poland and Denmark have settled disputes over the Baltic Pipe

Poland and Denmark have solved problems related to the construction of the Baltic Pipe gas pipeline. The representative of the Polish government on strategic energy infrastructure Petro Naimski announced this on Polish Radio. “An agreement has been reached and work has resumed,” he said. Currently, the laying of 100 km of offshore section of the […]

Next
USA company invests $ 100 million in the Yuzhnyi sea port
News

5 Reasons Why Most People Don't Become Wealthy

From confidence to clarity, there are a number of reasons holding you back from success. Previously LDaily wrote about how important it is to improve the professional value – “To be successful in business means to have a high” social currency “, take into account the things that you need to pay attention to at […]

Next
USA company invests $ 100 million in the Yuzhnyi sea port
News

Robinhood in June surpassed all brokers by number of deals

Startup company in the brokerage industry of the Robinhood on Monday for the first time published their monthly trade data platform. Robinhood Markets is a discount brokerage company that has become popular with novice investors, which offers commission-free trading through its website and mobile app. One of the key indicators which used in the brokerage […]

Next
USA company invests $ 100 million in the Yuzhnyi sea port
News

The State Food and Grain Corporation of Ukraine (SFGCU) adjudged $ 6,920,000 from Sonders Trading K / S Co., Limited

The court ordered the Sonders Trading K / S Co., Limited, Hong Kong company $ 6,92 million in favor of “State Food and Grain Corporation of Ukraine” (SFGCU), JSC. This is stated in the decision of the Commercial Court of Kyiv on January, 18. On November  1, 2013 SFGCU signed an agreement with the Neslot […]

Next
USA company invests $ 100 million in the Yuzhnyi sea port
News

Naftogaz told how Ukraine can defeat NS-2

Ukraine continues to work on prevention the Russian Nord Stream-2 gas pipeline from operating. The methods by which Kyiv hopes to prevent the launch of the gas pipeline were revealed by the head of Naftogaz Yuriy Vitrenko in an interview with Radio Svoboda. “The battle is lost, but the war is not lost. And our” […]

Next
USA company invests $ 100 million in the Yuzhnyi sea port
News

The public prosecution office accuses “Kyivstar” in tax dodging by 2.3 billion UAH

The officials  of the mobile operator “Kyivstar”  deliberately evaded of the payment of taxes in the amount of over 2.3 billion UAH  by the fictitious business operations in 2014, testify the conclusions of the inspection. This is stated in the message of the management of public relations and mass media to the General Prosecutor of […]

Next
USA company invests $ 100 million in the Yuzhnyi sea port
News

Americans bought the Ukrainian IT-company

Ukrainian IT company the Archer Software has announced an agreement with the American company Cprime. This was reported on the company’s website. The amount of the deal is not disclosed, but the publication Ain says, “According to experts, 100% of the company could be valued at 5-8 million dollars.” But the transaction amount may vary […]

Next