News archive

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13 February 2019

Ukrprominvest produces 16% of Ukrainian sugar

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Ukrprominvest-Agro, the third largest sugar producer in Ukraine, reports to have completed the sugar refining period with a record high of 2.19 million tonnes of sugar beet processing and 291,000 tonnes of sugar production at its two refinery plants in the Vinnytsia region of Ukraine. One of its two sugar plants, Kryzhopil plant, set an industry...

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12 February 2019

Miratorg to supply cattle to KazAgro

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The Bryansk Meat Company, a subsidiary of a leading Russian meat producer Miratorg, is to supply 5,000 heads of Aberdeen Angus cattle to Agrarian Credit Corporation (ACC), a subsidiary of the state-owned Kazakhstani agroholding KazAgro. The companies signed an agreement providing the option of increasing the supply volumes up to 20,000 heads. The...

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12 February 2019

Eurodon to liquidate its parent flock

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Eurodon, a Russia’s leading poultry producer, reported on the intention to liquidate its parent flock in the amount of 34,000 birds and carry out a complete sanation of its production sites, due to the ongoing outbreaks of bird flu, which have led to losses of about 1.6 million turkeys since 2016. With this measure Eurodon expects to reduce the...

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11 February 2019

Marfrig to export beef from Uruguay to Japan

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The Brazil-based beef producer Marfrig announced its Uruguayan units to start exporting beef to Japan. As reported by the company, all of its four plants in Uruguay have been authorized by Japanese government to supply fresh beef to Japan. With this export permit, a 19-years break in beef trade between Uruguay and Japan will come to an end. At the...

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08 February 2019

Privat Agroholding lost 30% of farmland area from 2011 to 2017

Privat Agroholding, a Ukraine-based agroholding that specializes in crop, milk and meat production, for years has been rather discreet, revealing no information about its operations. Anatoliy Ishchenko, a former CEO at Privat Agroholding (from 2010 to 2017), and currently field director at Kernel, has shared his experience of managing Privat...

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08 February 2019

Komos Group to invest $ 45.8 million in business development

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Komos Group, one of Russia’s largest producers of eggs and meat, plans to invest RUB 3 billion ($ 45.8 million) in the development of its enterprises and production sites. In particular, the company plans to reconstruct three production sites at its subsidiary Derzhavinskaya poultry farm in the Tatarstan Republic of Russia. The total volume of...

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08 February 2019

Astarta to purchase a grain elevator

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Astarta Group, a Ukrainian leading producer of crops, sugar and milk, signed a preliminary agreement on the acquisition of a grain elevator with a total capacity of 62,000 tonnes in the Khmelnytskyi region of Ukraine. With this purchase, the company will increase its total grain storage capacity by 15% to 434,000 tonnes of one-time storage. So far...

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07 February 2019

Damate to export turkey meat and dairy products to China

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Damate Group, a Russia-based agroholding, is to enter the Chinese market for turkey meat and dairy products. In particular, two subsidiaries of Damate Group, PenzaMolInvest enterprise and Penza Dairy Plant enterprise, were authorized by the China General Administration of Customs to supply turkey meat and dairy products to China. Damate intends to...

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07 February 2019

AgroGeneration sold 28,500 hectares of land

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AgroGeneration, an agroholding operating 110,000 hectares in five regions of Ukraine, sold the land lease rights for 28,500 hectares of its farmland area in the Zhytomyr and Ternopil regions of Ukraine, which accounts for 27% of the total farmland area of the company. The total value of the transaction reached € 19 million.

After the completion...

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07 February 2019

AgroInvestGroup allegedly bankrupt

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AgroInvestGroup, a Ukrainian agroholding operating 30,000 hectares of farmland and 20 elevators in the Odessa region, might be on the verge of bankruptcy. As reported by the company’s creditors, AgroInvestGroup piled up $ 70 million of debt and stopped repaying it. The company’s management dismissed the personnel while the owner of the company...

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