News archive
10 September 2018
Generations Fund to invest $ 600 million in Rusagro's projects
News -Generations Fund (GenFund) will invest $ 600 million in the project of the Rusagro Group, the third largest pig producer in Russia in 2017. Within the framework of the project, it is planned to expand the production of pork and dairy products, up to 1 million tonnes each. The total cost of the project for construction of the pig cluster amounts to...
07 September 2018
Grain Alliance harvests soy, maize and sunflower
News -Grain Alliance, an agroholding, operating 50,000 hectares in 4 regions of Ukraine, started the harvesting campaign of soy, maize and sunflower with good results. As of today, the average yield of soy in the Cherkasy region amounts to 3.6 t/ha. The average sunflower yield in the Poltava region has reached 4 t/ha. Providing the favourable weather...
07 September 2018
AURÉLIO PAVINATO: SUSTAINABILITY – THIS IS OUR VIEW ON THE BUSINESS
Opinion -SLC Agrícola is one of the largest Brazilian agricultural producers, founded in 1977 by the SLC Group. SLC Group (Schneider Logemann&Cia) was founded in 1945 in the city of Horizont, in a State of Rio Grande do Sul, by three families of German immigrants, among them Frederico Jorge Logemann's family. SLC Agrícola engages mainly in the production...
06 September 2018
Epicentr Agro to buy 300 hopper cars and a port terminal
News -Epicentr Agro, an agricultural subsidiary of the Ukraine-based building supplies chain Epicentr K, is to purchase 300 grain hopper cars in 2019. Besides, the company plans to buy a port facility to complete the process of vertical integration and enhance efficiency. According to the head of trade at Epicentr Agro Svitlana Nikityuk, the...
06 September 2018
EDB claims a $ 100 million loan refund from Ivolga
News -The Eurasian Development Bank (EDB) will seek a full refund of the funds previously allocated to the Ivolga agricultural holding, which has assets in Kazakhstan and Russia. The Kustanai City Court decided in May 2017 to fully satisfy the EDB's claims against the agricultural holding company "Ivolga" and its main beneficiary, Vasiliy Rosinov....
05 September 2018
Nibulon exported 1 million tonnes of grain in 2018/2019 MY
News -Nibulon, a Ukrainian leading crop producer and exporter operating 82,500 hectsres in 12 regions of the country, has already exported 965,000 tonnes of grain in 2018/2019 marketing year (MY). The company is focusing on the Asian market, especially on China, Indonesia and South Korea. Thus, Asia accounts for 64.5% of Nibulon‘s grain exports in...
05 September 2018
Marfrig appoints a new CEO
News -Marfrig, the second largest producer of meat worldwide, based in Brazil, has appointed Eduardo Miron as the new CEO of the company and also announced a restructuring of its business by dividing it in two parts: one for the South American countries and one for the North American countries. With this division, the company seeks to better manage its...
05 September 2018
Ekoniva postpones IPO
News -Ekoniva, the Russian ‘daughter’ of the Germany-based company Ekosem-Agrar and Russia’s largest milk producer, postpones the planned initial public offering (IPO). According to the head of Ekosem-Agrar, Stefan Dürr, the political situation in Russia and possible financial sanctions of the international community are the main obstacles toward going...
04 September 2018
Agroton purchased grain elevator for $ 630,000
News -Agroton, a Ukrainian agroholding engaged in crops, meat and milk production, has successfully completed a deal with the largest Ukrainian agroholding Kernel on the purchase of Siversky elevator in the Donetsk region of Ukraine. The grain elevator has a loading capacity of 15,000 tonnes. The deal was worth $ 630,000 and was authorized by the...
03 September 2018
Agroholdings among major recipients of VAT refunds in Ukraine
News -The State Treasury Service of Ukraine declared the list of agribusiness companies that were granted a VAT refund in August 2018. The ranking of major VAT refund recipients includes Ukrainian largest agroholdings and international grain traders such as Kernel, Nibulon, Suntrade (Bunge), ADM Trading Ukraine, MHP, Cargill, Astarta and CofcoAgri...