Astarta-Kyiv, a Ukraine-based agroholding, wants to produce soy protein concentrate on its soybean processing plant in the Poltava region. The company will invest about $50 million in the construction of a deep processing line with annual production capacity of 100,000 tonnes of soy protein concentrate. The project is to be implemented within two...

Rusagro, a Russia-based agroholding, plans to extend its farmland area up to 1 million hectares in the mid-term perspective. Today the company operates 538,000 hectares. Also, Rusagro wants to raise its annual pork production up to 400,000 tonnes in live weight using its existing capacities. In 2020, the company produced 308,000 tonnes of pork in...

MHP, Ukraine’s largest poultry producer, has acquired a 51% stake in Lubnymyaso, Ukrainian beef production company. The acquired company operates a plant with daily production capacity of 25,000 tonnes of beef meat. Net asset value of Lubnymyaso has been estimated at $1.53 million. Previously, the company used to supply beef to MHP’s countrywide...

Sibagro, a Russia-based agroholding, has acquired a pig farm in the Kursk region at an auction. The worth of the deal was $12.36 million. The farm has one-time maintaining capacity of 77,000 pigs and produces 15,000 tonnes of pork annually. Back in 2020, a local court initiated bankruptcy proceedings against the farm. With this acquisition, Sibagro...