News archive

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02 July 2020

Nibulon put its new transshipment terminal into operation

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Nibulon, a Ukraine-based agroholding operating 82,500 hectares of farmland, has started receiving the first batches of grain on its new river transshipment terminal of the Zelenodolska branch in Dnipropetrovsk region. The facility was launched in June 2020, and has transshipped over 6,000 tonnes of commodities so far. The terminal has one-time...

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02 July 2020

Avgust to extend farmland up to 250,000 hectares

Russia’s leading producer of crop protection products Avgust plans to increase its farmland area from 100,000 hectares to 250,000 hectares in the next five years, mainly in the Volga region. This decision is a part of the company’s strategy toward expanding its agricultural production which has been implemented since 2017. Additionally, Avgust...

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01 July 2020

Milkiland to “move” from Netherlands to Cyprus

Milkiland, a dairy producer with major operations in Ukraine, will change the place of registration from the Netherlands to Cyprus. Milkiland’s shareholders approved the respective decision at the annual general meeting of shareholders with 24.5 million votes representing 78.52% of the company’s share capital. Milkiland’s shares will continue to be...

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01 July 2020

MHP opened gastro studio in Ukraine

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MHP, Ukraine’s largest poultry producer, has launched its new culinary project, a restaurant offering gastronomic services including take-away and delivery options in Kyiv, the capital of Ukraine. The company wants to offer its customers delicious dishes from different types of meat. Previously, the founder and CEO of MHP Yuriy Kosiuk said that MHP...

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30 June 2020

Agrogeneration posted net loss of $19.5 million in 2019

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Agrogeneration, a Ukraine-based agroholding, reported that its net loss doubled to account for $ 19.5 million in 2019. Meanwhile, the company’s EBITDA declined from positive $ 6.35 million to negative $ 1.35 million, and gross profit of $ 7.3 million changed into gross loss of $ 658,000. Operating loss comprised $ 22.3 million. At the same time,...

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29 June 2020

I&U Group built biogas plant in cooperation with EBRD

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I&U Group, a Ukraine-based agroholding engaged in grains, oilseeds and sugar beet production on 50,000 hectares of farmland  in the Kirovograd region, has completed the construction of a biogas plant worth EUR 23 million. Of this amount, EUR 13 million were provided to the company as loan by European Bank for Reconstruction and Development (EBRD)....

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26 June 2020

Kernel joined UN Global Compact

Kernel, a Ukraine-based agroholding and world’s leading producer of sunflower oil, has joined the United Nations Global Compact, the world’s largest corporate sustainability initiative aiming at encouraging businesses to stick to sustainable and socially responsible principles in their activities. Having made sustainability its core value, Kernel...

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23 June 2020

Agricom Group to raise its processing capacity

Agricom Group, a Ukrainian vertically-integrated agroholding and producer of branded breakfast cereals, plans to launch the second phase of its cereal factory project in 2021. The company will supply up to 60% of the grains for the plant on its own. 

Over the past year, prices for Agricom’s cereals have risen by an average of 10% due to a 30%...

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22 June 2020

Miratorg launched new meat processing facility

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Miratorg, the largest beef and pork producer in Russia, has launched the first stage of the project aimed to double its pork production capacities – a new meat processing facility in the Kursk region. The enterprise is expected to become the largest in Europe with production volumes of over 138 tonnes of sausages per year. The processing capacity...

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16 June 2020

Ruskom to build broiler breeding farm

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Ruskom, the largest producer of turkey meat in the Siberian part of Russia, will launch the first broiler breeding site of its broiler farm in the Tyumen region. The plan is to construct nine sites in total, three of which will be built for replacement chicks and six for the parent herd. The project investment volume exceeds $99 million. The first...

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