News archive

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28 February 2019

MHP to sell a stake

News -

MHP Agroholding, a leading poultry producer in Ukraine, is selling a stake of 10.37% (16.6 million units) of the authorized capital of one of its subsidiaries, Myronivskyi Groats and Feed Production Plant for $ 11.952 million.

The storage capacity of the plant is 248,000 m3 of grains and 6,000 m3 of oils, and the grain-clearing capacity is 370...

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27 February 2019

Kernel to receive $56 million from EBRD and World Bank

News -

Kernel, the world’s leading sunflower oil producer, will receive $48 million from EBRD for construction of biomass power plants in the Kharkiv, Mykolaiv, Odesa and Poltava regions of Ukraine. Also, $8 million will be raised from the World Bank’s Clean Technology Fund. The key driver behind this investment decision is the reduction of carbon...

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27 February 2019

Svarog West Group certified as organic producer

News -

Lotivka Organic, a subsidiary of Svarog West Group, received the status of an organic crop producer in 2019 for the farmland area of 1,746 hectares. So far, the company reported to have sown organic winter wheat, spring wheat, buckwheat, soybeans, pumpkins, flax and phacelia on a total of 1520 hectares.

Svarog West Group expects to increase its...

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26 February 2019

Kernel acquired a stake in ViOil Holding

News -

Kernel, the largest producer of sunflower oil in Ukraine, acquired a stake of 5.85% in ViOil Holding. ViOil is one of the largest producers and exporters of vegetable oils in Ukraine. The company operates two fat-and-oil processing plants in the Vinnitsa and Chernivtsi regions of Ukraine, as well as a network of grain processing plants and...

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26 February 2019

Prodimex produced 1.34 million tonnes of sugar in 2018/19

News -

Prodimex holding, the largest Russian sugar producer, processed 8.87 million tonnes of sugar beet and produced 1.34 million tonnes of sugar in the 2018/19 cropping season. A year ago, the company processed 10.3 million tonnes of sugar beet and produced 1.48 million tonnes of sugar. The sugar beet yield decreased by 14% from 433 decitonnes per...

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26 February 2019

JBS imports corn from Argentina

News -

JBS SA, the Brazil-based meat producer, purchased the first batch of corn in volume of 30,000 tonnes from Argentina in 2019 for its production needs, the source reports. The main drivers behind this purchase are the high transportation costs of local corn, which make its price uncompetitive. JBS plans to continue purchasing corn from Argentina this...

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25 February 2019

Kernel acquired Rail Transit Cargo Ukraine

News -

Kernel, the world’s leading and Ukraine’s largest sunflower oil producer, purchased Rail Transit Cargo Ukraine (RTC-Ukraine) for $ 64 million. RTC-Ukraine owns 2,949 grain hoppers, thus occupying 15% of the market share and being the second largest market player after the state-owned Ukrzaliznytsia. The acquisition will estimatedly increase...

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25 February 2019

The court arrested the assets of Agroinvestgroup

News -

The Commercial Court of the Odessa region of Ukraine distrained the assets of Agroinvestgroup, one of the largest agroholdings in the south of Ukraine, in order to obtain satisfaction of the debt claim by TASKOMBANK.  In particular, the Court blocked $ 4 million in the accounts and corporate rights of Agroinvestgroup and its subsidiary East Oil...

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25 February 2019

Rostov Grain Company acquired assets of Belaya Ptica

News -

Rostov Grain Company, a subsidiary of Resource Group of Companies, purchased the Belaya Ptica - Rostov subsidiary of Belaya Ptica Holding. Resource is one the largest Russian poultry producers while Belaya Ptica Holding operates three poultry enterprises in the Rostov region of Russia.

In 2017, Belaya Ptica had a 5% share of the Russian poultry...

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21 February 2019

Rasa Melnikienė: 3.5% of farms operate 50% of farmland in Lithuania

Opinion -

Lithuania, an EU member since 2004, tends to follow the paths of a number of post-socialist countries with regard to the development of farm structure. Large enterprises become increasingly dominant in the agricultural production and land use of the country. How does the farm structure in Lithuania look like today? What were the preconditions for...

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