News archive
05 March 2019
Teys Australia to invest in renewable energy
News -Australian major beef producer Teys Australia, operating six processing plants and three feedlots, intends to make its Wagga processing plant energy self-sufficient using such technology solutions as baseload bio-generation, solid waste digestion, solar PV, energy storage and biomass boilers. It is expected that the new low emissions energy hub...
05 March 2019
Miratorg exported the first batch of poultry meat to China
News -Miratorg, one of the largest Russian poultry meat producers, exported its first batch of poultry meat to China. The Bryanskiy Broiler subsidiary of Miratorg, located in the Bryansk region of Russia, shipped the first two containers with frozen chicken wings with a total weight of 54 tonnes. In 2018, Bryanskiy Broiler produced 114,000 tonnes of...
05 March 2019
Agroseton to double its farmland area
News -Agroseton, a subsidiary of the Turkish Group Onur, operating 5,000 hectares in the Lviv region of Ukraine, plans to double its farmland area up to 10,000 hectares. Agroseton is mainly engaged in grain production. In the future, the company plans to extend its business activities to other agricultural sectors. ...
04 March 2019
TAS Agro increased farmland area by 11%
News -TAS Agro, a Ukraine-based agroholding engaged in crop and milk production, increased its farmland area by 11.4% up to 83,000 hectares in 2018. In particular, the company acquired the land-lease rights for 8,500 hectares in total in the Kherson and Chernihiv regions of Ukraine. As reported by TAS Agro’s main beneficiary Serhiy Tihipko, it is...
04 March 2019
Damate: revenue up 17%
News -Damate Group, the largest producer of turkey meat in Russia, increased revenue by 17% to RUB 17.8 billion ($ 270.5 million) in 2018. Damate increased its revenue more than four times in five years, showing an average annual growth rate above 42%. In 2018, the net profit of the company amounted to RUB 593 million ($9 million).
The group operates...
02 March 2019
OLEKSANDR VERZHYKHOVSKYI, CHIEF OPERATIONS OFFICER AT IMC S.A.: FINANCIAL PERFORMANCE IS THE MAJOR REASON WHY WE INTRODUCE DIGITAL TECHNOLOGIES
Opinion -Hardly imaginable in the recent past, automated and self-driving tractors equipped with sensors, field drones performing aerial surveys and advanced analytical tools for predicting yields are increasingly becoming part of an everyday repertoire of today’s agriculture worldwide. How do farms implement digital technologies? What are the practical...
01 March 2019
Nibulon to invest $ 23 million in transshipment terminal
News -Nibulon, a Ukraine-based vertically integrated agroholding, will have launched a transshipment terminal in the village of Ternivka of Zaporizhia region of Ukraine by June 2019. The total worth of investment is $ 23 million. The transshipment terminal in Ternivka will become the third enterprise of the company in the region. The terminal will...
01 March 2019
Agrocomplex postponed the construction of a dairy farm
News -Agrocomplex, the second largest Russian producer of raw milk, postponed the construction of the Zhukovsky dairy farm in the Rostov region of Russia. The company intends to proceed with the construction of the farm in the third quarter of 2019. The farm will be designed for 2,800 heads of cattle, with a total production capacity of 25,000 tonnes of...
01 March 2019
Rusagro to sell Armavirsky fat-and-oil plant
News -Rusagro, one of the largest Russian agroholdings, intends to sell its subsidiary Armavirsky fat-and-oil plant to Resource Group of Companies. The Armavirsky fat and-oil plant, located in the Krasnodar region of Russia, is specialized in the production of vegetable oil and oilseed meal. The total processing capacity of the plant reaches 920 tonnes...
28 February 2019
Steppe to build a dairy farm
News -Steppe agroholding, an agricultural subsidiary of AFK Sistema Corporation, plans to build a dairy and livestock farm in the Rostov region of Russia by 2022. The total worth of the investment is RUB 2.1 billion ($ 32 million). After the launch of the farm, its total capacity will equal 7,000 heads of cattle. The number of employees at the farm is to...