News archive

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02 October 2020

How to build an agroholding from scratch: the case of Epicentr Agro

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Since early 2000s, Ukraine has been considered as a country that provides an enabling environment for the proliferation of agroholdings. These large farming entities keep emerging and even succeeding despite the protracted political and economic crises in the country. Of nine new agroholdings that emerged in Ukraine over the last decade, one has...

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01 October 2020

EkoNiva will not produce the planned 1 million tonnes of milk this year

News -

EkoNiva, the largest Russian producer of raw milk, has updated its production plan for this year. In particular, the company has reduced its expected raw milk output for 2020 from 1 million tonnes to about 900,000-940,000 tonnes. The company’s dairy herd will reach 105,000 cows instead of the previously planned 110,000 cows. EkoNiva will process up...

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30 September 2020

Rostok-Holding: sunflower yield 30% lower than expected

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Rostok-Holding, a vertically integrated Ukrainian agroholding operating 60,000 hectares of farmland, is currently busy with harvesting sunflower. This year, sunflower yields are 30% lower than initially expected by the company, and amount to about 2 tonnes per hectare. The key drivers behind this negative yield trend are unfavorable weather...

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28 September 2020

Miratorg launched wholesale distribution center

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Miratorg, Russia’s largest meat producer, has launched a wholesale distribution center in Domodedovo, the Moscow region of Russia. The investment in the project amounted to $108 million. The facility will procure agricultural products (meat, fish, milk, cereals, vegetables, and fruits) from the producers in the nearby regions, store and process...

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25 September 2020

Damate to modernize its lamb production plant

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Damate, one of Russia’s largest poultry producers, has started the reconstruction of its lamb production plant Kavkaz Myaso in Cherkessk, Russia acquired in early 2020. Modernization is to be completed by mid-2021 while the total investment in the project is estimated at $35 million. The designed annual capacity of the plant is 720,000 heads or...

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24 September 2020

MHP paid $56.3 million in taxes in H1 2020

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MHP, Ukraine’s largest poultry producer, reports to have paid $56.3 million in taxes to state and regional budgets in the first half of 2020. 

In particular, $23.47 million were paid in personal income tax, $19.1 million in single social contribution, $7.5 million in import VAT, $1.97 million in military duty tax, and $1.94 million in land tax,...

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23 September 2020

Dnipro Agro Group announced harvest results

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Dnipro Agro Group, a Ukraine-based agroholding operating 50,250 hectares of farmland, has announced the results of its harvesting of winter crops. Gross harvest amounted to 91,610 tonnes of crops harvested from 19,100 hectares. In particular, the company harvested 67,000 tonnes of winter wheat from 10,660 hectares, 3,410 tonnes of winter barley...

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22 September 2020

Cherkizovo acquired chicken processing plant from Cargill

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Cherkizovo, Russia’s leading meat producer, has accomplished the acquisition of a processing plant from Cargill. Back in July 2020, the companies signed a respective preliminary acquisition agreement. 

The plant located in the Tula region of Russia produces annually 20,000 tonnes of prefabricated poultry products, mainly chicken nuggets for...

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21 September 2020

Rusagro, Cherkizovo, and Miratorg among Russia’s 100 largest companies in 2020

News -

The latest ranking prepared by Forbes.ru shows Russia’s 200 wealthiest private companies based on their revenue in 2019. Russian agroholdings are also on the list, and three of them are among 100 richest companies. 

In particular, Rusagro (643,000 hectares of farmland under operation) was ranked No. 81 this year with revenue of $1.81 billion in...

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18 September 2020

Belarus: agroholding associated with President Lukashenka is country’s largest milk producer

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Agroindustrial holding of the property management directorate of the President of Belarus reports to have produced 137,000 tonnes of raw milk in 2019 which is the best result among Belarusian raw milk producers. With the annual output of 6,000 kg per cow, the company became also the most efficient milk producer countrywide. The holding operates 10...

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