The ranking, produced by Russian consulting agency BEFL, discloses the top Russian agroholdings in 2019, based on farmland area under operation. In 2019, top 10 Russian agroholdings operate over 5.75 million hectares of farmland in total, a 12% increase compared to 2018. The current largest landowner, Miratorg, managed to expand its farmland 47% to...

Agroeco Group, one of the largest meat producers in Russia, has begun the construction of a pork processing plant in the Voronezh region of Russia worth RUB 13.5 billion ($ 209.1 million). Of the total investment, about RUB 10 billion ($ 155 million) will be borrowed from the Rosselkhozbank. The total capacity of the processing plant will reach 600...

The Brazil-based agroholding SLC Agricola operating 404,000 hectares of farmland, reported a net profit of $ 27.9 million in Q1 2019, a 34,2% decrease compared to the same period last year. Net revenue increased 15.5% to $ 161.6 million within the same period.

SLC Agricola’s total assets comprised $ 1.5 billion in Q1 2019, a 20% increase compared...

IMC, an agroholding operating 123,900 hectares of farmland in Ukraine, reported its net loss widened 8.3% to $ 8.92 million in Q1 2019, compared to $ 8.23 million in Q1 2018. At the same time, the company’s revenue in Q1 2019 increased 1.6 times to $ 49.15 million.

Gross profit amounted to $ 3.72 million in Q1 2019, compared to $ 30,000 of gross...

The latest review of the capitalization of Ukrainian publicly listed agroholdings prepared by Ukrainian investment portal Investory News shows that in the last five years a half out of eight publicly listed agroholdings lost in market capitalization while another half managed to increase it. In particular, Avangard agroholding lost 96% in its...