September 1, 2011

Khlib InvestBud exports one third of Ukraine's grain

In the first two months of 2011/2012 marketing year, Khlib InvestBud has provided about 30% of the general volume of grain exports from Ukraine as of August 30, 2011.

According to preliminary estimations, it totalled about one million tonnes, declared the press-service of State Food and Grain Corporation of Ukraine on August 31.

Since the beginning of the new marketing year (July 1, 2011) the company Khlib InvestBud conducts extensive purchasing activity on the domestic grain market, and active foreign trade, the report said.

According to the press service, Khlib InvestBud realizes purchasing and export activities on par with other market participants conditions, and not taking advantage, not needing any preferences.

Thus, the company along with other exporters operates without the VAT refunds, pays all export duties, which does not prevent to fully and effectively carry out the required production and business tasks.