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MARKET NEWS: 2016, July 25 – August 1

  • Agricultural company Bunge in the first half of 2016 received $ 19.5 billion in net income. Net income decreased by 2.4% – to $ 540 million. Compared with the same period of 2015 the volume of sales of products in physical units increased by 4.1%, while its value equivalent decreased by almost 10%. Bunge Limited is a leading global company operating in the agribusiness and food. The company operates in more than 40 countries around the world.
  • In the Kirovograd region in October will launch a modernized dairy farm agricultural firm “Sagaydakskaya”. Construction works for of the automated farm started in 2012. The total cost of the work and equipment is more than 11 million USD. Agricultural company “Sagaydakskaya” engaged in both crop production (growing grains – barley, maize, sunflower area of cultivated land in 1870 ha.), And livestock – keeping dairy farms with 400 head of cattle, of which more than 130 cows.
  • Court in Kiev arrested 239 million UAH for the expense of “Fozzy-Food,” which owns a network of supermarkets “Silpo”. The company emphasized that trials do not affect the operating activities of the enterprise.
    The bank filed against structures Kostelman Vladimir, the owner of “Fozzy Group”, 37 claims, the total amount of claims which amounted to 10.5 billion USD, out of which 9 credit agreements the amount of claims was 2.2 billion USD, and 28 under finance surety – 8.2 billion UAH.
  • The largest Ukrainian manufacturer of refrigeration equipment of PJSC “Nord” (currently registered in Kramatorsk Donetsk region.), stops working in Donetsk, and its fixed assets are preserved from 1 August. The corresponding decision was made by the Supervisory Board of PJSC “Nord” on July 11 in connection with the inability to maintain production activities in the circumstances.
  • The General Directorof the network of Japanese restaurants “Sushiya” Roman Romanchuk left his post.
    Following the departure of general director Roman Romanchuk became known that retired head of the department of development of the project “Delivery” Evgeniy Sandrak.
    The position of General Director of the network takes Hodysko Anton, who previously held the position of Development Director “Sushiya”. He has been working in the company by six years.

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