Make it your homepage |   E-mail: Subscribe Unsubscribe

IBM to Manage IT Infrastructure Globally for Fiat S.p.A., Chrysler Group and CNH Industrial

Friday, April 25, 2014
News Making Money

EBRD and FAO continue support to Ukrainian grain sector

26/10/2013 14:49 (180 Day 07:00 minutes ago)

The FINANCIAL -- More than 200 influential experts, from the Ukrainian grain industry, public sector institutions, academia and international organisations participated at the Fourth Ukrainian Grain Congress in Kiev , according to European Bank for Reconstruction and Development. 



The Congress, promoted by the Food and Agriculture Organization of the United Nations (FAO) and the European Bank for Reconstruction and Development (EBRD), builds on the success of the Initiative for Joint Action to support the development of the grain sector in Ukraine , started in 2011.

The key part of the Congress was a roundtable which was held this morning  – “Effective dialogue between agribusiness and the authorities” – organised by the FAO, the EBRD, the Ministry of Agriculture Policy and Food of Ukraine and the Ukrainian Grain Association. The roundtable focused on the activities and achievements of the Ukrainian Grain Sector Working Group, related government policies, and sector expectations for the marketing year of 2013-14.

High-level participants of the roundtable included the Minister of Agrarian Policy and Food of Ukraine , the EBRD’s Director of Agribusiness, the President of the Ukrainian Grain Association, the President of the Ukrainian Agrarian Confederation, the Head of the Ukrainian Union of Industrialists and Entrepreneurs, the Executive Director of the European Business Association, and the President of the American Chamber of Commerce in Ukraine .

The Congress participants voiced their appreciation of the work done by both the FAO and the EBRD, aimed at supporting the transparent dialogue between public and private players in the Ukrainian grain sector. Dmitry Prikhodko, Economist in the FAO Investment Centre, has facilitated the policy dialogue: “We are glad to see commitment and responsibility of the grain industry and the Ministry of Agricultural Policy and Food of Ukraine to continue the dialogue. The Working Group has become a sustainable mechanism of the dialogue already.” It was also agreed that the Grain Sector Working Group will function under the guidance of the Ukrainian Grain Association, to ensure sustainable sector policy dialogue.

The Congress is further evidence that continued policy dialogue in the Ukrainian grain sector enjoys widespread multilateral support. “Working with all parties is a powerful way to leverage our effort, which is particularly important to bring about sector reforms”, stated Gilles Mettetal, EBRD Agribusiness Director. Continued support and investments in the sector are crucial, for a country which has the potential to produce around 80 million tonnes of grain every year, and which is aiming to become a leading global food supplier, and therefore play a key role in addressing global food security.

Since the inception of the Initiative for Joint Action, in 2011, the EBRD has provided over US$ 300 million to grain sector companies in Ukraine , while more than US$ 800 million of private investments have been additionally mobilised in the sector, according to European Bank for Reconstruction and Development.

The EBRD is the largest financial investor in Ukraine . As of 1 September 2013 the Bank had committed more than €8.6 billion (US$ 11.6 billion), through 327 projects, in Ukraine .




Make Your Comment

Add NewSearchRSS
Only registered users and facebook social network members can write comments!

This text is replaced by the Flash movie.
This text is replaced by the Flash movie.
“The former Yugoslav Republic of Macedonia”: presidential election and early parliamentary elections

23/04/2014 16:38 (1 Day 05:11 minutes ago)

The FINANCIAL -- A 14-member delegation of the Parliamentary Assembly of the Council of Europe (PACE), led by Stefan Schennach (Austria, SOC), will travel to “the former Yugoslav Republic of Macedonia” from 25 to 28 April to observe the conduct of the presidential election (2nd round) and the early parliamentary elections, alongside observers from the OSCE’s Parliamentary Assembly and Office for Democratic Institutions and Human Rights (ODIHR), according to PACE.

American Express Reports First Quarter EPS of $1.33, Up 16 Percent from a Year Ago

19/04/2014 14:24 (5 Day 07:25 minutes ago)

The FINANCIAL -- American Express Company reported first-quarter net income of $1.4 billion, up from $1.3 billion a year ago. Diluted earnings per share rose 16 percent to $1.33, from $1.15 a year ago, according to the American Express Company.


World News
Helping Bulgarian farmers to become landowners

19/04/2014 11:39 (5 Day 10:10 minutes ago)

The FINANCIAL -- The EBRD is providing a €5 million to loan to Elana Agrocredit AD to co-finance the development of Bulgaria’s agricultural land market.

The World Bank Supports Small and Medium-sized Businesses in Tunisia

19/04/2014 10:29 (5 Day 11:20 minutes ago)

The FINANCIAL -- The World Bank approved an additional loan for US$100 million for Micro, Small and Medium Enterprises (MSMEs) in Tunisia.

EBRD loans to boost energy efficiency and support competitiveness of Macedonian companies

16/04/2014 16:42 (8 Day 05:07 minutes ago)

The FINANCIAL -- The EBRD has teamed up with Macedonian bank, NLB Tutunska banka, to increase the competitiveness of the Macedonian private sector and to promote energy efficiency in the country with a €6 million financing package, according to EBRD.      

EBRD helps modernise Baltic freight handling

16/04/2014 16:29 (8 Day 05:20 minutes ago)

The FINANCIAL -- A €32.5 million loan from the EBRD to Klaipedos Smelte, the company operating the container terminal at Klaipeda port in Lithuania, helped modernise its freight handling capacities and upgrade the whole Baltics region as a transit hub, according to EBRD.

Major Cloud Service Providers Slash Prices; Threaten Smaller Players’ Existence: IDC Warns

19/04/2014 13:40 (5 Day 08:09 minutes ago)

The FINANCIAL -- In the last week of March, major Cloud Service Providers (CSPs) in Asia dropped their prices for core services dramatically and IDC believes that this will make it very difficult for smaller CSPs to remain in business if they continue to rely on provision of basic, undifferentiated services, according to International Data Corporation (IDC).

Gazprom and Turkey to look into possible increase in Blue Stream capacity

24/04/2014 08:03 (13:46 minutes ago)

The FINANCIAL -- Ankara hosted a working meeting between Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee and Taner Yildiz, Minister of Energy and Natural Resources of the Republic of Turkey, according to Gazprom.

Zurich identifies seven cyber risks that threaten systemic shock

23/04/2014 17:00 (1 Day 04:49 minutes ago)

The FINANCIAL -- The recently published Zurich Cyber Risk Report, created in collaboration with the international think tank Atlantic Council, argues that cyber-risk management professionals need to look beyond their internal information technology safeguards to interconnected risks which can build up relating to counterparties, outsourced suppliers, supply chains, disruptive technologies, upstream infrastructure and external shocks, according to Zurich Insurance Company.


Developed by Aleksandre Chiabrishvili

Design built by Creo Group