News archive

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14 January 2019

Niva Pereyaslavshchiny to receive $12.5 million from EBRD

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The Niva Pereyaslavshchiny Group, a vertically integrated crop and pork producer operating 23,000 hectares in Ukraine, will receive a $12.5 million loan from the European Bank for Reconstruction and Development (EBRD). The company will invest the provided funds in the increase of the production capacity, construction of a meat processing plant and...

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10 January 2019

ECO-Culture to invest in grain processing

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The ECO-Culture holding, operating 207 hectares of greenhouses in Russia, plans to build a grain processing plant in 2019. Depending on the production strategy, the total volume of investment is to reach RUB 11.6- 15.5 billion ($173-232 million).

So far ECO-Culture considers two options for production. The first one is to process 113,000 tonnes...

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10 January 2019

Cygnet: milk output up three times

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Cygnet, the Ukrainian agroholding engaged in crop, sugar and milk production, managed to increase its cow productivity despite the decrease in the dairy herd. From 2012 to 2018, the dairy herd decreased three times to 605 heads. At the same time, the average milk yield has grown concurrently from 3,000 liters to 9,000 liters per cow. The company’s...

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09 January 2019

Nibulon to invest in transshipment terminals in 2019

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Nibulon, a Ukraine-based vertically integrated agroholding, summed up the results of 2018 and outlined the investment projects for the current year. In July 2019, the company plans to launch a transshipment terminal in the Zaporizhia region of Ukraine. The new enterprise will provide jobs for 120 people, reduce the transportation costs of regional...

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09 January 2019

Cherkizovo acquired 75% of Samson - Food Products

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Cherkizovo Group, Russia’s largest vertically integrated meat producer, has acquired 75% of Samson - Food Products, a meat producer operating in the Leningrad region of Russia. As agreed by the two parties, Cherkizovo is to pay RUB 350 million ($5.22 million) and to redeem Samson’s debt in the amount of RUB 550 million ($8.2 million). The total...

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08 January 2019

Kernel reports a record oilseed meal shipment

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Kernel, one of the largest Ukrainian agroholdings and grain traders, has reported a record export shipment of oilseed meal from Ukraine. Two Panamax ships were loaded simultaneously with a total of 58,000 tonnes of cargo at the company’s port Nika-Tera in the Mykolaiv region of Ukraine.

Since June 2018, Kernel has exported 367,000 tonnes of...

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08 January 2019

Marfrig’s plant in Mineiros operates at full capacity

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The Brazil-based beef producer Marfrig reports the resumption of suspended operation of its plant in the city of Mineiros after repairing the damages caused by fire in October 2018. Starting from January 2019, the plant operates at full capacity of 1,000 heads of cattle per day. The number of employees equals 1,000 people. During renovation, the...

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07 January 2019

Svarog West Group reports on 2018 harvest

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Svarog West Group Corporation, operating 80,000 hectares in three regions of Ukraine, summarized its 2018 crop results. The yield of winter wheat amounted to 6.8 tonnes per hectare, while the yield of organic winter wheat – to 4.8 tonnes per hectare. The yields of other crops in 2018 where as follows: spring wheat - 3.17 tonnes per hectare; corn -...

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07 January 2019

Cherkizovo redeemed the debts of Belaya Ptica

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Cherkizovo Group, the largest vertically integrated meat producer in Russia, acquired the claimholder rights of a broiler meat producer Belaya Ptica from Rosselkhozbank. The value of the transaction amounted to RUB 6.5 billion ($93.7 million).

In the Q1 2019, Cherkizovo plans to invest RUB 500 million ($7.2 million) in one of the main...

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07 January 2019

Why agroholdings go bankrupt. The case of Razgulay

Russia is one of the countries where large agroholdings face financial problems quite often. The list of the companies that have recently failed to fulfill their financial obligations includes Evrodon, Belaya Ptica, Pava and a number of other agroholdings. Our previous investigations of agroholdings’ bankruptcies in a number of countries revealed...

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