News archive

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04 August 2020

Agrocomplex: revenue up 24% in H1 2020

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Agrocomplex, one of Russia’s leading raw milk producers, reported on its financial results in the first half of 2020. In H1 2020, the company increased its revenue 24% to $702.6 million, as compared to H1 2019. Gross profit grew 52% to $81.5 million while net profit reached $8.2 million. 

Also, Agrocomplex produced 162,500 tonnes of raw milk in H1...

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04 August 2020

Damate to launch new breeding projects

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Damate, the largest producer of turkey meat in Russia, wants to build a turkey breeding reproducer and a sheep breeding farm in the Tyumen region. 

The poultry farm will consist of 10 breeding sites and maintain up to 137,500 birds. The annual production capacity of the farm is expected to reach 12 million eggs. The sheep breeding complex is...

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29 July 2020

Ukraine: 9 largest agroholdings founded over last decade

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Today, about 30% of Ukraine’s farmland is under control of large-scale farming structures known as agroholdings. The process of farmland consolidation typical of several transition countries started in Ukraine in early 2000s. Nevertheless, new agroholdings continued to emerge and develop in 2010s. A recent ranking prepared by Latifundist.com lists...

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27 July 2020

Trust Bank to sell Belaya Ptica

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Trust Bank, Russia’s fund of non-core and troubled assets of weak banks, plans to sell the production capacities of a bankrupt agroholding Belaya Ptica, which used to control 5% of Russian poultry market. In particular, the assets for sale include the poultry farms of Belaya Ptica Rostov and Belaya Ptica Belgorod with annual production capacity of...

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27 July 2020

Nibulon exported 5 million tonnes of crops in FY 2019/2020

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Nibulon, one of Ukraine’s largest agroholdings, exported 4.9 million tonnes of grains and oilseeds in FY 2019/2020. The prevailing crops in the company’s exports portfolio were wheat (41.4% of the total), corn (34.6%), and barley (13.6%). Indonesia remained the main export destination for Nibulon in FY 2019/2020, followed by Egypt, Bangladesh, and...

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24 July 2020

KSG Agro: compound feed production up 30% in Q2 2020

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KSG Agro, a Ukraine-based agroholding, produced 7,640 tonnes of compound feed at its feed mill in the Dnipropetrovsk region in Q2 2020, a 32% increase as compared to Q1 2020. The key driver behind production increase is equipment renovation, which allowed the company to raise daily production capacity 50% up to 120 tonnes of feedstuffs. 

Also, KSG...

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23 July 2020

Ovostar Union: egg exports down 50% in H1 2020

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Ovostar Union, Ukrainian vertically integrated agroholding and large-scale egg producer, exported 169 million eggs in the first half of 2020, a 50% reduction as compared to the same period of 2019. Meanwhile, production volumes increased 1% to 793 million eggs. Total egg sales in January-June 2020 declined 19.7% to 490 million eggs, and average egg...

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23 July 2020

Astarta to produce organic crops

A subsidiary of Ukrainian agroholding Astarta has been certified organic by Organic Standard Ltd, an EU-recognized Ukrainian organic certification body. To meet the standards of organic production, the enterprise had to undergo a three-year transition period and adapt its crop management practices, abolish the application of agrochemicals and...

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22 July 2020

MHP to develop meat retail chain

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MHP, Ukraine’s largest poultry producer, wants to launch about 1000 meat retail stores across Ukraine in the mid-term perspective, with the first 50 stores to open until 2021. The company will use the franchising business model to expand its meat retail network and attract investors. 

One month ago, MHP launched a restaurant offering gastronomic...

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22 July 2020

Australlian Billionaire to buy large-scale cattle station

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Tattarang, a private investment company owned by Australian businessman Andrew Forrest, stroke a deal to acquire a large-scale cattle station Jubilee Downs from in Western Australia from American billionaire and environmentalist Edward Bass. The worth of the deal is $30 million. The station maintains 11,500 cattle and has 220,000 hectares of...

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