The Cofco Corporation will launch a grain terminal in Ukraine

The Cofco Corporation will launch a grain terminal in Ukraine

18.05.2016 News

The Cofco Corporation will launch a grain terminal in UkraineThe Cofco Agri Ukraine Company, which belongs  to the Chinese Cofco Corporation is one of the largest global manufacturers and suppliers of agricultural products and foodstuffs, will officially launch the terminal in Mykolaiv sea port on May 19.

This is reported by the “Interfax-Ukraine” with reference to the company’s message.

This terminal is one of the largest Chinese investment in the development of the transport potential of Ukraine, it is a modern complex of transshipment agricultural products.

It will be recalled that the capacity of the terminal for handling grain cargoes is 2.5 million tons per year. Earlier, the cost of the project was estimated at $ 75 million.

Cofco is a multi-state organization, it conducts the purchase and trading of cereals, as well as carries out deep processing of grain. It also owns hotels, shopping malls and vineyards, as well as a joint venture with the Aviva Plc British insurer. The company was founded in 1949, it is one of China’s largest state-owned enterprises. Through a series of acquisitions the company now has assets for more than $ 71.9 billion. Grain storage capacity is estimated at 31 million tons, in processing – 89.5 million tons per year, and has offices in 140 countries.

Last year Cofco completed the purchase of Hong Kong Noble Group. In Ukraine, the Noble Group was owned by  “Noble Resources Ukraine”, LLC  (Kyiv), “Novoalekseevskyi elevator”, LLC (Kherson region), “Satellite”, LLC (Kyiv).

Source: delo.ua

Other articles

  • The Cabinet of Ministers denied the statement about toll roads
    News

    The Cabinet of Ministers denied the statement about toll roads

    Infrastructure Minister Oleksandr Kubrak denied his deputy Anna Yurchenko’s statement about toll roads in Ukraine. The day before, she said that six such roads are planned to be built in Ukraine and called the estimated cost of travel on them. “I will explain why this information is not true, and what is really happening,” Kubrak […]

  • McLaren has introduced a new convertible
    News

    McLaren has introduced a new convertible

    The car manufacturer McLaren has introduced a new sports convertible McLaren 765LT Spider. The sports car is equipped with a 4-liter twin V-8 turbo engine with 755 horsepower and 590 Nm of torque. The car accelerates to 96 km / h in 2.7 seconds. The maximum speed reaches 280 km / h. It is reported […]

  • Apple, Microsoft and Alphabet’s profits rose to record highs
    News

    Apple, Microsoft and Alphabet’s profits rose to record highs

    The profits of the American technology companies Apple, Microsoft and Alphabet increased significantly in the second quarter of 2021. This was reported by the BBC. It is noted that Apple’s profits have increased to 21.7 billion US dollars over the past three months amid an increase in purchases of 5G iPhone. Microsoft generated $ 16.5 […]

  • BMW is forced to shut down factories due to a shortage of microchips
    News

    BMW is forced to shut down factories due to a shortage of microchips

    Another plant of the German carmaker BMW has been suspended. Next week, the company’s plant in Regensburg will be temporarily closed due to a shortage of semiconductor microchips, a BMW representative told the industry publication Automobilwoche. The plant will be shut down completely throughout the week. After that, a summer break will begin at the […]

  • The ranking of the best airlines in the world in a pandemic has been announced
    News

    The ranking of the best airlines in the world in a pandemic has been announced

    AirlineRatings.com named Qatar Airways the airline of the year. As reported on Tuesday, July 27, the rating of Top Airlines in the World takes into account flight safety, on-board service, passenger comfort and flight routes, as well as the response of airlines to the COVID-19 coronavirus pandemic. Qatar Airways was recognized as the best airline […]

  • Ukraine has seized international VPN servers
    News

    Ukraine has seized international VPN servers

    The Windscribe privacy tool, based in Canada, failed to encrypt corporate VPN servers recently confiscated by the Ukrainian authorities. The company provides services through the OpenVPN program. The Android app has over 5 million installs, indicating that the user base is probably much larger. “On June 24, 2021, our monitoring systems informed us that two […]

  • The rate of bitcoin has approached 40 thousand dollars
    News

    The rate of bitcoin has approached 40 thousand dollars

    During the trading session on Monday, July 26, bitcoin accelerated growth and traded at $ 39,177 thousand (+ 10.58%). This is evidenced by data from the portal Coindesk. After that, the cryptocurrency rate slowed down and was at $ 38,939 thousand (+ 9.91%), after which it began to move further. Last night the rate of […]

  • Uber buys Transplace, a logistics technology company, for $ 2.25 billion
    News

    Uber buys Transplace, a logistics technology company, for $ 2.25 billion

    Uber has announced an agreement with TPG Capital to acquire Transplace, which provides the widest portfolio of technology services and solutions in the logistics and transportation industry. The estimated amount of the deal is a considerable $ 2.25 billion, but about $ 750 million Uber will pay in the form of its own shares, and […]

Read also

The Cofco Corporation will launch a grain terminal in Ukraine
News

Daimler will pay $ 1.5 billion under a settlement agreement in the United States

German automaker Daimler AG and its US subsidiary Mercedes-Benz have agreed to pay $ 1.5 billion to the US government and California regulators as part of a friendly settlement of a dispute over the manipulation of data on the content of a harmful substances in the exhaust gases of the company’s diesel engines. This stated […]

Next
The Cofco Corporation will launch a grain terminal in Ukraine
News

Who will become the new manager of Novus?

Ukrainian Network of supermarkets Novus gets a new CEO in the person of Mark Petkevich. His predecessor, Ihor Landa is leaving the post. The new ruler of Novus Ukraine, which has held the position of executive director of the network since September 2015, will enter the status of the General on January 19 this year. […]

Next
The Cofco Corporation will launch a grain terminal in Ukraine
Analytics

Ukraine — Sweden: the centuries-old traditions of cooperation are continuing

During the times of Kyivan Rus people which came from Scandinavia, the Vikings, were often called Varangians. In the 19th century, according to the chronicle, they had not only strong trade but also political relations with Russia (it is worth mentioning that the wife of Yaroslav the Wise, princess Ingigerda, was the daughter of Swedish […]

Next
The Cofco Corporation will launch a grain terminal in Ukraine
News

Zoom has launched a $ 100 million investment fund

The video conferencing service Zoom has announced the creation of its venture fund Zoom Apps Fund, its volume will be $ 100 million, this is stated in a press release from the company. Startups in the fund’s portfolio will receive from $ 250,000 to $ 2.5 million. In this way, the company wants to motivate […]

Next
The Cofco Corporation will launch a grain terminal in Ukraine
News

“MTS Ukraine” buys “TriMob” for 3 billion UAH

“MTS Ukraine” (Vodafone Ukraine), telecommunication  company  reached an agreement with “Ukrtelecom” about buying mobile operator “TriMob”. As noted, the the transaction amounted to about $ 120 million (3 billion UAH). According to  one source ,  negotiations about the deal  began  since the spring of last year, when  the “MTS Ukraine” has sold its fixed network […]

Next
The Cofco Corporation will launch a grain terminal in Ukraine
News

Elon Musk Lost $44 Billion in a Few Hours

At the close of trading on the New York Stock Exchange on Monday, July 13, Tesla Inc. stock price fell to $1497 per share from a record $1794 recorded in the first hours after the trading opened. Consequently, the company’s capitalization in just a few hours fell from $321 billion to $277 billion. Tesla’s previous […]

Next
The Cofco Corporation will launch a grain terminal in Ukraine
News

The Supreme Court confirmed the insolvency of Astra Bank

The Supreme Court declared Astra Bank insolvent, the press service of the National Bank reports. By its decision, the Supreme Court overturned the decisions of the Kyiv District Administrative Court and the Sixth Administrative Court of Appeal, which found the central bank’s actions illegal. The NBU reminded that Astra Bank is the only bank that […]

Next
The Cofco Corporation will launch a grain terminal in Ukraine
News

LDaily became a media partner of the “Keep It Up!” project in the Tsekh Gallery

On October 20, the Kyiv Art Gallery Tsekh hosted a presentation of the «Keep It Up!» project created by the artist and sculptor Yevgeny Petrov. The LDaily Business Edition became a media partner of this wonderful project, which highlights the theme of sport. The exhibition is currently open to the public and will be exhibited in the gallery until […]

Next
The Cofco Corporation will launch a grain terminal in Ukraine
News

Facebook has extended the remote mode of work of employees until June 2021

US Employees of Facebook were allowed to work in a remote location by June next year. Most Facebook personnel were switched to remote mode in late March, and in April, CEO Mark Zuckerberg said that it is the last among of those to resume working in the office at the end of a pandemic of […]

Next
The Cofco Corporation will launch a grain terminal in Ukraine
News

The rating of the most expensive brands of Ukraine appeared

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
The Cofco Corporation will launch a grain terminal in Ukraine
News

Wizz Air can expand flights to Ukraine

The Hungarian-Polish low-cost airline has decided to return to the Ukrainian market. The Loukost Wizz Air is seriously considering the possibility of expanding its presence in the Ukrainian market. This was told by the CEO of the airline Jozsef Varadi in an interview to the  Polish portal fly4free.pl. “We see that the situation in Ukraine […]

Next
The Cofco Corporation will launch a grain terminal in Ukraine
News

The second power unit was connected at Zaporizhzhya NPP

Zaporizhzhya NPP connected Unit №2 to the power system of Ukraine. This was reported by the press service of NNEGC Energoatom. “On November 22 at 9:07 pm, after the completion of the average planned and preventive repairs, Unit №2 of Zaporizhzhya NPP is connected to the power system. Power is being set. There are no […]

Next
The Cofco Corporation will launch a grain terminal in Ukraine
News

Italy starts antitrust investigation against Apple, Google and Dropbox

The Italian Antimonopoly Authority has announced that investigating allegations of fairness and improper commercial practices of Apple’s cloud services, Google and Dropbox. Along with the recent investigation into alleged fixing of prices, Italy’s antitrust regulator has said, that separately examines how companies, including Apple, manage their business in the cloud services in the country. According […]

Next
The Cofco Corporation will launch a grain terminal in Ukraine
News

The AMCU fines Dragon Capital by more than 118 thousand UAH

According to Interfax-Ukraine, Antimonopoly Committee of Ukraine (AMCU) has fined the Dragon Capital Ltd. in the amount of 118,194 thousand UAH by Dragon Capital Ltd. Production concentration  more than 50%. According to a law of economic competition defence, the committee permit is obligatory during the economic activity subject concentration with more than 50% of shares […]

Next
The Cofco Corporation will launch a grain terminal in Ukraine
Analytics

Healthcare reform in Ukrainian

What are the risks of medical reform in Ukraine? What it must change? Will the industry be funded as stated? Will insurance medicine work and how the market for medical services will be? Medicine established on authorities VS medicine established on evidence In November 2016, the Cabinet of Ministers of Ukraine approved the Concept of […]

Next
The Cofco Corporation will launch a grain terminal in Ukraine
News

The US Antimonopoly Committee has called for the reform of the rules for the technology giants

On Tuesday, shares of the four largest US technology companies declined, as the 16-month government investigation of their competitive practices led to the first results in the form of 449-page report on their abuse of the market power. Shares of Apple, Amazon, Facebook and the parent company Google Alphabet fell to 2.9%, 3%, 2.26% and […]

Next
WP2Social Auto Publish Powered By : XYZScripts.com