On October 19, a working meeting was held between representatives of JSC “State Food and Grain Corporation of Ukraine” and representatives of the China National Complete Engineering Corporation (CCEC), which is the general Chinese partner of the corporation.
Thus, currently the company has indeed reduced volumes of sales, but it plans to increase volumes in the near future. The new management team of the corporation and professional management are taking a number of measures to restore the reputation of JSC “SFGCU” in the grain market.
On October 12, the first meeting of the interdepartmental working group in the matter of obligations fulfillment of JSC “State Food and Grain Corporation of Ukraine” to the Export-Import Bank of China on state-guaranteed loans and to China National Complete Engineering Corporation (CCEC) in the framework of fulfilling the terms of the General Contract on cooperation in the field of agriculture as for grains supplies to the People’s Republic of China.
In order to fulfill the order of the Ministry of Economy of Ukraine (letter No. 2151-10/47321-07 dated 28.09.2021) JSC “State Food and Grain Corporation of Ukraine” officially announces the search for a professional recruitment adviser who will participate in the competitive admission to approve candidates for the position of independent members of the supervisory board of JSC “SFGCU”.
As of today, JSC “SFGCU” records significant violations in all areas of activity for the period from November 2020 to September 2021.
Thus, in recent months there have been significant problematic receivables on the part of non-residents in the amount of about 29 mln. USD.
Performance of duties of the Chairman of the Board of State Food and Grain Corporation of Ukraine is entrusted to Vasyl Kovalenko. This decision was made by the Ministry of Economy of Ukraine No.33-n dated on 15.09.2021.
Vasyl Kovalenko headed the corporation in the period from May 2020 to November 2020.