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12 January 2021

Grain Alliance to expand storage capacity

Grain Alliance, a Ukraine-based agroholding operating 57,000 hectares of farmland, plans to reconstruct its Nizhynskyi grain elevator in order to increase its storage capacity in 2021. Initially planned for 2020, the implementation of the project has been postponed due to the COVID-19 pandemic. Currently, Grain Alliance is preparing the...

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11 January 2021

Kernel to complete construction of new oil extraction plant in 2021

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Kernel, one of Ukraine’s largest agroholdings and the world’s leading producer of sunflower oil, reports to have completed the first stage of construction works at its new Starokostiantyniv oil extraction plant in the Khmelnytskyi region. In particular, 70% of the grain storage capacities have been built. Until late 2021, Kernel expects to finish...

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08 January 2021

Ristone Holdings stored 200,000 tonnes of grains in 2020

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Ristone Holdings, a Ukraine-based agroholding, reports to have stored over 200,000 tonnes of grain crops on its grain elevators in 2020. In particular, the company stored 12,000 tonnes of barley, 75,000 tonnes of wheat, 1,500 tonnes of peas, 1,500 tonnes of rye, 30,000 tonnes of corn, 90,000 tonnes of sunflower, and 3,500 tonnes of rapeseed. Of...

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07 January 2021

Agrosila to invest $68 million in new projects in 2021

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Agrosila, a Russia-based agroholding, announced its investment plans for 2021. In particular, the company wants to invest $5 million in modernization of its sugar plant. This way, Agrosila expects to raise daily sugar production from 7,500 to 8,200 tonnes. Also, the company plans to continue digitization of business processes, start production of...

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05 January 2021

Zakhidnyi Bug to invest $14 million in storage and processing capacities

Zakhidnyi Bug, a large-scale Ukrainian crop producer, plans to build a grain elevator, a flour mill, and a pasta plant in 2021. This way, the company wants to engage in high value-added production. The facilities are expected to be launched in 2022. The total worth of investments in the projects is estimated at $14 million. Also, the company plans...

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04 January 2021

Rusagro invested $260 million in business development in 2020

Rusagro, one of Russia’s largest agroholdings, allocated $260 million for business development goals in 2020, a record-high annual investment volume in the company’s history. The major part of the investments was executed in the second half of 2020. In the first half of the year, Rusagro had to postpone all investment programs due to the COVID-19...

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29 December 2020

Agroprodservice invested $2.2 million in dairy production in 2020

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Agroprodservice, a Ukraine-based large-scale livestock producer, has almost completed modernization of one of its four dairy farms. For this purpose, Agroprodservice bought 1,000 heifers from the EU for $2.2 million. After completion of the project, the farm will maintain 1,500 dairy cows. Also, the company’s total pig herd exceeded 100,000 heads...

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28 December 2020

African swine fever detected at Miratorg

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Miratorg, Russia’s largest meat producer, reports on the outbreak of African swine fever at one of its pig farms in the Kursk region. Currently, the company in cooperation with local veterinary authorities is trying to stop the spread of the disease. The number of pigs maintained at the facility has not been disclosed. This is the fifth case of...

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22 December 2020

Kernel under legal proceedings due to long-lasting unresolved conflict

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A court in Luxembourg has opened insolvency proceedings against Kernel Holding S.A., a subsidiary of Ukrainian agroholding Kernel. The reason for such measure was a new lawsuit from Mikhail and Inessa Stadnik, the former owners of Ukraine-based Stiomi Holding and Khmelnytskyi Bread Factory acquired by Kernel back in 2012. By the terms of the...

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21 December 2020

MHP to open R&D division

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MHP, a leading poultry producer in Ukraine, intends to launch a special research and development (R&D) division, namely, a modern kitchen laboratory on the premises of the Ukrainian National University of Food Technologies, where students and lecturers will be able to create new dishes using modern equipment. In addition, MHP plans to invite...

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