Bunge Ukrainian subsidiary leads among VAT refund recipients in June 2019

Bunge Ukraine subsidiary, Suntrade, is the largest recipient of the VAT refund in June 2019 with UAH 799.73 million, Interfax-Ukraine reports with reference to the data of the State Treasury Service of Ukraine.

This amount is 3.5x higher from May refund (UAH 228 million).

Kernel subsidiary, Kernel-Trade, received UAH 772.3 million of VAT refund (May: UAH 701 million).

The largest VAT refund recipients in June include the following companies:

• Suntrade (Bunge Ukraine) — UAH 799.73 million;
• Kernel-Trade (Kernel) — UAH 772.3 million;
• ADM Ukraine — UAH 454.17 million;
• Cargill — UAH 401.23 million;
• COFCO Agri Resources Ukraine — UAH 332.41 million;
• Myronivsky Hliboproduct (MHP) — UAH 250 million;
• NIBULON — UAH 207.5 million;
• Katerynopilsky elevator (MHP) — UAH 195.24 million;
• Glencore Agriculture — UAH 184.46 million.

Earlier it was reported that the export of Ukrainian agricultural products in January-May 2019 increased 21.4 percent from the corresponding period of 2018 and amounted to USD 8.97 billion.