Kernel VAT refund reached UAH 1.13 bln in August, recipients list

The VAT(Value added tax) refund paid to Kernel-Trade, a subsidiary of Kernel, in August 2020 amounted to UAH 1.13 bln, the State Treasury Service of Ukraine reports.

In the reporting period, the VAT refund was received by the following companies:

• Kernel-Trade: UAH 1,126.8 bln
• Glencore Agriculture Ukraine: UAH 253.59 mln
• NIBULON: UAH 182.83 mln
• D&I Evolution: UAH 105.77 mln
• ADM Trading Ukraine: UAH 105.69 mln
• Louis Dreyfus Company Ukraine: UAH 88.65 mln
• MHP: UAH 75 mln
• Pology Oil Extraction Plant: UAH 51.23 mln
• COFCO Agri Ukraine: UAH 50.42 mln
• Delta Wilmar: UAH 49.59 mln
• Cargill: UAH 41.82 mln
• Olam Ukraine: UAH 41.47 mln
• Mondelez Ukraine: UAH 41.45 mln
• Grain Power: UAH 41.31 mln
  
• OptimusAgro Trade: UAH 40.27 mln

As a reminder, NIBULON dominates wheat export shipment from Ukraine in 1H 2020 holding a 13.1% market share.