Ak Biday-Terminal, a subsidiary of the state-owned Kazakh Food Contract Corporation (FCC), reported to have transshipped 712,000 tonnes of grain at the port of Aktau during 11 months of 2018. The terminal handled 400,000 tonnes of grain in the year-earlier period. The growth rate of 78% in the current year is due to increased exports of grains.

As…

Kernel, one of the largest Ukraine’s agroholdings and the world’s leading producer of sunflower oil, will receive a $250 million loan from the European Investment Bank (EIB). The funds will be invested in the construction of new storage and processing facilities, as well as in the modernization of the company’s machinery park. With this investment,…

Copacol will invest R$ 50 million ($ 12.8 million) in the expansion and modernization of the poultry slaughterhouse in its Cafelândia cluster. This will allow to process 360,000 animals per day. The R$ 50 million facility will be provided by the Brazilian Bank for Regional Development of the Far South (BRDE).  With this investment Copacol seeks to…

The Brazilian meat producer Frimesa received support from the Parana state to invest R$ 1.1 billion ($ 283 million) in construction of a new pig processing plant in Assis Chateaubriand. The plant will operate in two shifts and will slaughter approximately 15,000 heads of swine per day. The expected annual revenue is estimated at R$ 3.4 billion ($…

EkoNiva, the largest producer of raw milk in Russia, bought Redkinsky dairy farm in the Kaluga region of Russia from Tashir, one of the largest industrial groups in Russia. EkoNiva intends to implement the dairy project for 3,350 heads of cattle there.  As of September 2018, the Redkinsky dairy herd amounted to 308 cows and the average milk yield…

Agroeco, a Russia-based agroholding, intends to invest RUB 62 billion ($ 933 million) in pig-breeding farms in the Voronezh region of Russia by 2022. As of today, the holding’s value of investment in the region already amounts to more than RUB 22 billion ($ 331 million).  Agroeco’s investment plan includes launching of a pig breeding cluster and a…

Prodimex, Russia’s leading sugar producer operating 16 sugar plants, closed the Sadovsky sugar factory, which is located in the Voronezh region of Russia. According to Prodimex group, Sadovsky sugar factory was built in 1834 and is the smallest factory of the company. During the 2018 production season, the factory processed 152,000 tonnes of sugar…

Mriya agroholding, operating 165,000 hectares of land in six regions of Ukraine, closes its office in Kyiv and moves fully to its premises in the cities of Ternopil and Lviv. The company reported that it no longer needs a representative office in Kiev, due to the successful completion of the debt restructuring process. The main task of the company…