Resource Group, a Russia-based agroholding engaged in poutry and crop production, reports to have produced 708,000 tonnes of poultry meat in live weight in 2020. Of this amount, 125,000 tonnes of poultry were exported to China and the countries of Middle East and CIS. In 2021, Resource plans to raise poultry production up to 750,000 tonnes and to...

Cherkizovo, Russia’s large-scale meat producer, has reported on its sales results in Q1 2021. In particular, the company raised turkey meat sales 8% to 10,700 tonnes in Q1 2021, as compared to the same period in 2020. Chicken meat sales declined 3% to 169,200 tonnes in the reporting period. Also, Cherkizovo indicates that the average price for...

Zakhidnyi Bug, Ukrainian large-scale crop producer operating 65,000 hectares of farmland, has started sowing campaign of sugar beets. This year, the company wants to sow sugar beets on 13,700 hectares, of them 2,600 hectares have been already sown. In addition, Zakhidnyi Bug will allocate 17,000 hectares of farmland for corn and 8,700 hectares will...

Astarta-Kyiv, a Ukraine-based agroholding, reported net profit of €8.61 million in 2020, a 409%-increase as compared to 2019. Gross profit rose 33% to €121.53 million, and EBITDA rose 46% to €113.4 million within the same period of time. At the same time, the company’s revenue declined 7% to €415.63 million in 2020 as compared to 2019. In...