News archive

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11 March 2021

Yunost to acquire farm complex

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Yunost, a Russia-based agroholding, plans to acquire a 98.98% stake in the large-scale farming enterprise Tambovsky (TambovAgroInvest LLC) operating 40,000 hectares of farmland in the Tambov region. 49% of the enterprise’s shares are owned by Danish investors Danrus Agro ApS and Avgas ApS. According to market experts, the worth of the deal might...

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10 March 2021

Nibulon transshipped record-high volume of grains

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Nibulon, one of Ukraine’s largest agroholdings that has its own freight fleet, reports to have transshipped over 447,000 tonnes of grains in February 2021, a record high in the company's history. This result is 20% higher as compared to the Nibulon’s previous record transhipment volume dated 2009. Interestingly, cold and stormy weather conditions...

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08 March 2021

Top 10 Russian most expensive landholders 2021

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The recent ranking of Russian most expensive landholders developed by Forbes.ru discloses the value of farmland operated by leading agroholdings countrywide in 2021. Top 10 companies from the list operate a total of 5.8 million hectares worth about $6 billion (up 20% as compared to 2019). Agrocomplex is at the top of the list, with its farmland...

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08 March 2021

MHP keeps expanding its meat retail network

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MHP, Ukraine’s largest poultry producer, intends to open up to 2,000 meat retail stores countrywide until 2023. Having started its retail project in mid-2020, the company launched over 50 stores by the end of the year. Earlier, MHP announced its plan to open 1,000 stores until 2022. 

CEO and founder at MHP Yuriy Kosiuk reports that there is lack...

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05 March 2021

IMC keeps renewing its machinery park

IMC, a Ukraine-based agroholding, continues investing in the renewal of its machinery park. For 2021, it is planned to purchase over 30 units of heavy agricultural machinery and 40 units of vehicles. In 2020, the company leased 70 tractors and 14 loaders of foreign manufacturing. In addition, IMC purchased four tractors and four sprayers equipped...

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04 March 2021

Sibagro to acquire large-scale pork producer

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Sibagro, a Russia-based agroholding, plans to acquire a large-scale Russian pork producer Promagro in the Belgorod region. Promagro operates 42,000 hectares of farmland, three pig-breeding farms producing 64,500 tonnes of pork in live weight annually, a meat processing plant with annual output of up to 113,000 tonnes of finished products, and a...

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02 March 2021

Cherkizovo to invest $563 million in meat processing

Cherkizovo, Russia’s large-scale meat producer, plans to establish a meat processing cluster in the Tula region until 2025. In particular, the company wants to build a pork processing plant with annual production capacity of 450,000 tonnes of finished products and a poultry processing plant with annual production capacity of 140,000 tonnes of...

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01 March 2021

LAR to double chicken meat production

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LAR, Brazil’s large-scale agricultural cooperative, wants to double chicken meat production by reaching daily slaughter capacity of 1.1 million birds until 2024. For this purpose, the cooperative plans to invest $370.5 million, attracting both its own funds and the funds from associated producers. The investment will be used to construct new...

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01 March 2021

Poultry farms of Agromars to be sold

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Five poultry farms owned by Ukrainian agroholding Agromars in the Kyiv region are set for an auction. Earlier this year, Agromars reported to have suspended production on its poultry farms. The key reason behind this decision were the company’s losses due to rising prices for compound feedstuffs. The auction will take place in March 2021. Agromars...

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26 February 2021

Kernel to get $80 million loan from EBRD

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Kernel, one of Ukraine’s largest agroholdings and the world’s leading producer of sunflower oil, will receive an $80 million loan from the European Bank for Reconstruction and Development (EBRD). This decision has been approved by EBRD to support the company during COVID-19 pandemic. Kernel will invest the funds in procurement, storage,...

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