Agrocomplex, one of Russia’s leading raw milk producers, reported on its financial results in the first half of 2020. In H1 2020, the company increased its revenue 24% to $702.6 million, as compared to H1 2019. Gross profit grew 52% to $81.5 million while net profit reached $8.2 million. 

Also, Agrocomplex produced 162,500 tonnes of raw milk in H1...

Damate, the largest producer of turkey meat in Russia, wants to build a turkey breeding reproducer and a sheep breeding farm in the Tyumen region. 

The poultry farm will consist of 10 breeding sites and maintain up to 137,500 birds. The annual production capacity of the farm is expected to reach 12 million eggs. The sheep breeding complex is...

Trust Bank, Russia’s fund of non-core and troubled assets of weak banks, plans to sell the production capacities of a bankrupt agroholding Belaya Ptica, which used to control 5% of Russian poultry market. In particular, the assets for sale include the poultry farms of Belaya Ptica Rostov and Belaya Ptica Belgorod with annual production capacity of...

Nibulon, one of Ukraine’s largest agroholdings, exported 4.9 million tonnes of grains and oilseeds in FY 2019/2020. The prevailing crops in the company’s exports portfolio were wheat (41.4% of the total), corn (34.6%), and barley (13.6%). Indonesia remained the main export destination for Nibulon in FY 2019/2020, followed by Egypt, Bangladesh, and...