Corporate News

Agrotrade Group became one of the Top 100 Ukrainian exporters

According to the annual magazine “TOP-100. Rating of the best companies in Ukraine” Agrotrade Group with its export volume of 732.8 million UAH belongs to the leading Ukrainian enterprises.

The rating, based on the financial indexation, was made by the “InvestGazeta” – all Ukrainian weekly financial and analytical edition that pays special attention to the industrial markets, financial sector and capital market.

In spite of difficulties connected with the financial and economic crisis, due to change of the operating activity strategy, refusal from long-term projects and reduction of expenses Agrotrade Group could improve its financial indexation. So, if in 2008 the net income was made 539.5 million UAH, then in 2009 it increased up to 949.1 million UAH, that allowed Agrotrade Group to enter steadily into the TOP-10 list of the agro-industrial enterprises in Ukraine.

Olena Vorona, the Director of Finance Department, provided comments for the magazine “TOP-100. Rating of the best companies in Ukraine” where she observed: “Along with the change of business processes the management style was changed as well: the company was transferred to the mode of the tightened control and reporting along all the lines of business, the daily reporting forms were implemented”. All these measures allowed to minimize negative crisis influence on activity of the company and welfare of its employees.