News archive
05 February 2019
Kusto Agro to acquire two enterprises from AgroGeneration
News -Kusto Agro, an agroholding that operates 12,300 hectares of land in Ukraine, was authorized by the Antimonopoly Committee of Ukraine to acquire the Lishchynske agricultural enterprise and the Tereschenka Agrarian Fund enterprise from the AgroGeneration holding. Both enterprises produce cereals and industrial crops on the total farmland area of...
04 February 2019
Kernel to export kosher oil to Israel
News -Kernel, one of the largest Ukraine’s agroholdings and world’s plant oil manufacturers, reported to have produced a batch of bottled kosher sunflower oil at its Prikolotnyansky oil extraction plant. The oil was produced under the supervision of Rabbi Yakov, the Badatz Beit Yosef inspector, and received the Badatz Beit Yosef Kosher certificate for...
04 February 2019
Agro-Region: a success story of business recovery
News -Kateryna Rybachenko, CEO at Agro-Region, an agroholding operating 38,000 hectares of farmland in Central Ukraine, shared her successful experience of business relaunch with Truman.ua. The story started with the acquisition of Agro-Region by the Swedish investment fund East Capital in 2007. Having retained the old management, a year later the...
04 February 2019
MHP might receive €100 million from EBRD for the purchase of Perutnina Ptuj
News -MHP Agroholding, the leading vertically integrated producer of poultry meat in Ukraine, might receive a €100 million loan from the European Bank of Reconstruction and Development (EBRD) for the acquisition of the Slovenian meat producer Perutnina Ptuj. The purchase of Perutnina Ptuj will allow MHP to expand its activities in the European Union. The...
01 February 2019
Mriya: inside view on past troubles
News -Ton Huls, chief financial officer (CFO) at Mriya Farming, summarized three years of his tenure within a crisis management team at the controversial agroholding and revealed the details of Mriya’s restructuring to Landlord.ua.
After piling up $ 1 billion of debts and declaring the inability to pay them back, in February 2015 Mriya agroholding went...
01 February 2019
Kernel: Business report for H1 FY 2019
News -Kernel, one of the largest Ukrainian agroholdings and grain traders, exported 5.86 million tonnes of grain in the first half of the 2019 fiscal year (H1 FY 2019), an increase of 2.9 times compared to H1 FY 2018. The company’s grain exports rose 66.4% to 3.12 million tonnes.
In H1 FY 2019, Kernel increased the sales of sunflower oil 8.3% to...
31 January 2019
Market capitalization of Ukrainian agroholdings: review for 2018
News -Market capitalization of the Ukrainian publicly listed agroholdings in year 2018 was characterized by a slight increase in the first half of the year followed by a gradual decrease in the second half of the year. Thus, in early 2018, the agroholdings’ market value reached € 2.7 billion and it decreased to € 2.3 billion by the end of the year....
31 January 2019
The number of Australian farms to decrease 30% by 2050 due to consolidation
News -The latest agriculture research of The Australia and New Zealand Banking Group (ANZ) named The Track Ahead shows there is a trend towards consolidation of smaller farms into large-scale businesses across Australia. On current trend, the number of farms in Australia is to decrease from 123,000 today to 110,000 in 2025 and further to 85,000 in 2050....
30 January 2019
Ukrprominvest to acquire Letychiv-Agro
News -The venture fund Konditerinvest, a subdivision of the Ukraine-based Ukrprominvest agroholding, was authorized by the Antimonopoly Committee of Ukraine to acquire a 50%-share in the Letychiv-Agro company from the U.S.-based transnational investment group NCH Capital. Letychiv-Agro produces cereals, legumes and oilseeds in the Khmelnytsky region of...
30 January 2019
Svarog West Group to produce pumpkin oil
Svarog West Group, an agroholding operating 80,000 hectares in the Khmelnytskyi and Chernivtsi regions of Ukraine, has launched the production of pumpkin oil for human consumption. The decision to make the product with high-added value is based on the high yields of pumpkin in 2018 and the company’s intention to keep up with modern trends in...