Economy

Kernel won the first court case against minority shareholders
The District Court of Luxembourg has ruled in favor of the agricultural holding company Kernel.

Ukraine reduced grain exports through Constanta by more than half
The volume of grain exports from Ukraine through the Romanian port of Constanta in the first 10 months of 2024 amounted to 5.66 million tons.

ARMA failed to sell Russian oligarch’s seized ore for the second time
Auctions for the sale of seized iron ore briquettes stored in the port of Pivdennyi have again failed.

ARMA and the Shipping Administration call on the National Security and Defense Council of Ukraine to regulate the management of arrested Russian vessels
ARMA and the Shipping Administration made a joint statement to the National Security and Defense Council of Ukraine on the need to regulate the management of the arrested Russian ships.

Kernel shares fell amid rising prices of other agricultural companies
The share price of the Ukrainian agroholding Kernel on the Warsaw Stock Exchange fell by 0.4% in the first week of December.

Trade turnover between Ukraine and South Korea in the agricultural sector is only $200 million per year, — Ministry of Agriculture
Ukraine and the Republic of Korea discussed expanding cooperation in the agricultural sector and possible areas of cooperation.

The contract on sale of the Bilhorod-Dnister port may be canceled
The company that was supposed to acquire the Bilhorod-Dnister sea port has changed owners.

The EU has created a European Agriculture Council to support farmers
The new body will provide high-level advice for the development of Europe’s agricultural sector.

UDS put up for auction the entire naval fleet
PJSC “Ukrainian Danube Shipping Company” has begun the sale of the company’s sea fleet.

Almost 100 thousand tons of Nibulon products are stuck in ports: the tax office does not approve documents for export
Due to problems with the approval of tax invoices, 12 barges and two large Nibulon vessels with almost 100 thousand tons of grain remain in the ports.