News archive
12 February 2019
Eurodon to liquidate its parent flock
News -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...
11 February 2019
Marfrig to export beef from Uruguay to Japan
News -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...
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...
08 February 2019
Komos Group to invest $ 45.8 million in business development
News -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...
08 February 2019
Astarta to purchase a grain elevator
News -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...
07 February 2019
Damate to export turkey meat and dairy products to China
News -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...
07 February 2019
AgroGeneration sold 28,500 hectares of land
News -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...
07 February 2019
AgroInvestGroup allegedly bankrupt
News -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...
05 February 2019
Adrian Schairer, M. Sc., Head of Investor Relations at Ekosem-Agrar: EkoNiva is taking advantage of the window of opportunity
Opinion -Recent expansion of EkoNiva, a Russia-based daughter company of the German Ekosem-Agrar AG, made waves in both Russian and international mass media. In the last 1.5 years the company doubled their farmland to more than 485,000 hectares in operation. With this land area and 67,000 dairy cows on its farms throughout Russia, EkoNiva is one the...
05 February 2019
Grain Alliance to double its grain storage capacity
News -Grain Alliance, a Ukraine-based agroholding, plans to double its grain storage capacity in the nearest future. For now the company operates 53,000 hectares and four grain elevators with a total capacity of 162,000 tonnes. Grain Alliance’s business strategy aiming to extend its farmland area is the key driver behind increasing storage capacities.