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27 December 2018

FCC subsidiaries increased their grain and oilseed supply

News -

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...

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27 December 2018

Kernel raised $250 million from EIB

News -

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,...

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27 December 2018

Copacol to invest $ 13 million in poultry slaughterhouse

News -

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...

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21 December 2018

FCC exported more than 400,000 tonnes of cereals and oilseeds

News -

Food Contract Corporation (FCC), a subsidiary of the state owned Kazakhstani holding KazAgro, exported 401,600 tonnes of grains and oilseeds during the first 11 months of 2018, an increase of 235% in comparison to the year-earlier period. FCC has shipped 110,600 tonnes of barley to Iran; 145,100 tonnes of wheat to Transcaucasia; 126,400 tonnes to...

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21 December 2018

Oleg Nivievskyi: Agroholdings can be considered the outcome of the moratorium on land sales in Ukraine

Opinion -

The moratorium on land sales is considered as one of the main drivers of the development of large scale agriculture in Ukraine. The moratorium has been in place since 2001 and yesterday the Parliament extended the moratorium for the 10th time since then. It was introduced as a temporary measure to protect landowners in a situation of...

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20 December 2018

Frimesa to invest $ 283 million in a new pork facility

News -

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 ($...

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20 December 2018

EkoNiva acquired a dairy farm

News -

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...

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19 December 2018

Agroeco to increase production 1.7 times

News -

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...

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19 December 2018

Prodimex closed a sugar factory

News -

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...

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19 December 2018

Mriya to close its office in Kyiv

News -

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...

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