News archive

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04 November 2021

Market capitalization of four Ukrainian agroholdings up

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The latest data disclosed by Eavex Capital shows the changes in market capitalization of eight Ukrainian publicly listed agroholdings from October 27 – November 3, 2021. Within this period, market value of Kernel rose 0.3% to $1,262 million, while MHP’s capitalization declined 1.2% to $865 million. Astarta-Kyiv gained 0.7% in market capitalization...

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04 November 2021

HarvEast to use municipal wastewater for field irrigation

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HarvEast, a Ukraine-based agroholding, wants to use municipal wastewater to irrigate its farmland areas under hybrid corn and hybrid sunflower near Mariupol, Donetsk region. In cooperation with local municipal authorities, the company plans to develop an appropriate irrigation infrastructure, namely, to build the pipelines, flow regulating...

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03 November 2021

Ristone Holdings acquired a distillery

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Ristone Holdings, a Ukraine-based agroholding, has lately acquired a state-owned distillery plant at an auction for $ 6.1 million, which is 230% over the starting price of the facility. The plant is designed to produce 35,000 liters of ethanol daily. In the nearest future, the company will start the process of privatization of the acquired...

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03 November 2021

MHP paid over $136 million in taxes in nine months 2021

MHP, a Ukraine-based agroholding, reports to have paid $136.7 million in taxes to the budgets of all types in the first nine months of 2021. In particular, $50.5 million were paid to the state budget, while local budgets in the regions of MHP’s operations received nearly $51.6 million. About $35.1 million were paid by MHP in a single social...

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02 November 2021

Ukrprominvest-Agro finished harvesting legumes and oilseeds

Ukrprominvest-Agro, a Ukraine-based agroholding, reports to have finished the harvesting campaign of legumes and oilseeds. In particular, the company has harvested soybeans from 19,700 hectares with the yields in the range from 3.5 to 3.86 tonnes per hectare, which significantly exceeds the average countrywide figure of 2.6 tonnes per hectare. The...

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01 November 2021

MHP gained a 22% share on Ukrainian soybean oil market in FY 2020/2021

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MHP, a Ukraine-based agroholding, produced 43,714 tonnes of soybean oil at its oil extraction plant in the Cherkasy region in FY 2020/2021, which accounts for 22% of the domestic production volumes. This way, MHP became Ukraine’s largest soybean oil producer in the reporting period. Another Ukrainian agroholding Astarta-Kyiv produced 32,587 tonnes...

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29 October 2021

Market capitalization of Ukrainian agroholdings: latest updates

The latest data disclosed by Eavex Capital shows the changes in market capitalization of eight Ukrainian publicly listed agroholdings from October 20 - 27, 2021. Within this period, market value of Kernel decreased 2.9% to $1,252 million, and MHP’s capitalization declined 1.4% to $876 million. Astarta-Kyiv gained 8% in market capitalization and...

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28 October 2021

Rusmolko: raw milk production up 38%

Rusmolko, a Russia-based milk-producing subsidiary of Olam International with operations in the Penza region, produced 131,000 tonnes of raw milk in January-September 2021, a 38%-increase as compared to the same period last year. The company’s milk output in the reporting period accounts for 44% of the total milk produced in the Penza region. The...

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27 October 2021

BrasilAgro sold farm in Mato Grosso

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BrasilAgro, one of Brazil’s largest agricultural producers, reports to have sold its farm Alto Taquari in the state of Mato Grosso, Brazil. The facility produces grains and sugarcane and operates 3,720 hectares in total, of them 2,694 hectares are farmland. The worth of the deal was BRL 589 million (US$ 106 million), which is 65% above BrasilAgro’s...

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26 October 2021

CP Foods to expand pig business in Russia

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CP Foods, a global agro-industrial and food company, wants to build a new pig farm in Nizhny Novgorod, Russia in 2024-2025. The new facility will be similar to the farms already operated by the company in the region. In particular, CP Foods owns two pig farms maintaining 180,000 pigs each and is currently constructing two further pig farms of the...

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