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18 June 2021

Ristone Holdings paid $6 million in taxes in 2020

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Ristone Holdings, a Ukraine-based agroholding, reports to have paid $5.9 million in taxes in 2020. In particular, the payments included contributions to pension fund, VAT, income tax, military duty tax and flat tax. Ristone Holdings operates 60,000 hectares of farmland in the Dnipropetrovsk region, four bread factories, three grain elevators, and...

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18 June 2021

Milkiland moved its headquarters from the Netherlands to Cyprus

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Milkiland, a large-scale dairy producer with operations in Ukraine and Russia, reports to have transferred its headquarters from the Netherlands to Cyprus. From now on, the agroholding is officially represented and managed by a Cyprus-based Milkiland Public Company Limited. Also, Milkiland has postponed the publication of its financial results for...

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17 June 2021

Top 40 pork producers worldwide 2021

Ranking -

A recent ranking developed by Genesus discloses the list of the world’s top pork producers with over 100,000 sows as of late 2020. The ranking includes 40 companies with a total of 16.5 million sows, a significant increase as compared to the previous year’s ranking containing 34 companies with 11.6 million sows in total.

The list clearly shows the...

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16 June 2021

Cresud sold land plot

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Cresud, an Argentina-based company engaged in large-scale agricultural and real estate business, has lately sold a land plot of 2,440 hectares in the Entre Ríos Province of Argentina, of them 1,950 hectares of farmland. The land was operated by Cresud’s subsidiary, San Pedro farm. The worth of the transaction was $8.6 million. As a result of the...

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15 June 2021

Ristone Holdings to invest additional $800,000 in machinery

Ristone Holdings, a Ukraine-based agroholding, wants to further extend its machinery park. In particular, the company plans to allocate $800,000 in purchase of tillage machinery. Through this investment, the company aims to minimize moisture loss during preparation of soil for planting and achieve better seed germination. The company will purchase...

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15 June 2021

Rusagro launched mayonnaise plant

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Rusagro, a Russia-based agroholding, has launched a mayonnaise plant in the Saratov region on the premises of a reconstructed oil extracting plant. The annual production capacity of a newly launched plant is 120,000 tonnes of mayonnaise. The worth of the project was $27.7 million. In the nearest future, Rusagro plans to raise the facility’s...

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14 June 2021

Top 10 Russian agricultural landowners 2021

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A recent ranking developed by Russian consulting agency BEFL discloses the top Russian agroholdings with over 100,000 hectares of farmland under control. In 2021, the list includes 66 companies operating 15.4 million hectares in total, an 8% increase, as compared to the previous year. Top 10 positions on the list remain unchanged, as compared to...

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14 June 2021

Cherkizovo to invest over $1 billion in business development

Cherkizovo, one of Russia's largest meat producers, plans to implement several new projects worth over $1 billion in total, mainly in the Tula region. In particular, $664 million will go to the construction of the country's largest meat processing cluster. In addition, the company wants to launch a poultry processing plant worth $116 million within...

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11 June 2021

Ristone Holdings generated $11 million of net profit in 2020

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Ristone Holdings, a Ukraine-based agroholding, posted net profit of $10.8 million for 2020. The company's EBITDA for the period amounted to $23 million, and the total debt was $16.9 million. Accordingly, the Debt/EBITDA ratio stood at 0.7. Ristone Holdings operates 67,000 hectares of farmland in the Dnipropetrovsk region and is engaged in crop and...

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10 June 2021

Talina Group to continue expanding farmland area

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Talina Group, Russian large-scale agricultural producer with major operations in Mordovia Republic, plans to expand its farmland area up to 300,000 hectares until 2025. Lately, the company has taken over 23,800 hectares of abandoned farmland of a bankrupt agroholding Santimir in the nearby Nizhny Novgorod region. These areas were either acquired or...

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