News archive

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07 October 2019

Nibulon: the volume of transshipped grains up 4%

News -

Nibulon, a Ukraine-based agroholding operating its own freight fleet, transshipped a record high of 770,000 tonnes of grains in July – September 2019, a 4% increase as compared to the same period last year. The company expects to boost the volumes of transshipped commodities in the current year due to the launch of its new freight ship Nibulon Max,...

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04 October 2019

EkoNiva: dairy production up 1.7 times

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EkoNiva, the largest Russian producer of raw milk and a subsidiary of German Ekozem-Agrar, reports to have boosted milk production 68% to 352,000 tonnes in the first half of 2019 (H1), as compared to H1 2018. The total amount of livestock rose from 133,100 to 159,200 cows while dairy herd increased from 63,100 to 80,500 cows within the same period....

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02 October 2019

Development of large scale farming in transition economies: The role of institutions

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Over the past 30 years, the development of agricultural sector in transition countries such as Kazakhstan, Russia and Ukraine has been marked by the rise and rapid expansion of large farming structures known as agroholdings, which operate enormous farmland areas of hundreds of thousands of hectares.

In this context, studies and expert opinions...

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01 October 2019

IMC: revenue up 52% in H1 2019

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IMC S.A., a publicly listed agroholding operating 123,900 hectares of farmland in Ukraine, reported of $96 million revenue generated in the first half of 2019, a 56% increase as compared to the same period last year. The key drivers behind this growth are record corn yields in 2018 and growth in corn sales. Meanwhile, IMC’s EBITDA rose 22% to...

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30 September 2019

Acquisition of Alev by Rusagro canceled

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The arbitration court of Moscow canceled the acquisition of shares of dairy producer Alev by Russia-based agroholding Rusagro. The transaction worth $ 1.1 million was found invalid due to the fact that the market price of acquired shares exceeds $ 3.4 million.

In 2018, Rusagro took over the debt of Alev Group of Companies, and leased its...

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27 September 2019

EkoNiva might acquire another dairy farm

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EkoNiva, the largest Russian producer of raw milk and a subsidiary of German Ekozem-Agrar, is reportedly interested in the acquisition of a Russia-based dairy farm Voshchazhnikovo, which has been lately declared bankrupt. In particular, the farm’s outstanding debt to Vneshekonombank exceeds $ 116 million. Meanwhile, Voshchazhnikovo maintains 8,000...

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27 September 2019

Kernel to receive extra funding from EBRD

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Kernel, one of Ukraine’s largest agroholdings and the world’s leading producer of sunflower oil, will receive extra $ 200 million loan maturing in June 2021 from the European Bank of Reconstruction and Development (EBRD) within its pre-export credit line. The maturing period of the initially approved loan of $ 100 million has been extended until...

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25 September 2019

Superbug hotspots spread among animal farms in Asia, Africa and South America

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A recent study points at the outbreaks of antibiotic resistant infections at animal farms around the world, mainly in low-income and developing countries of Asia, Africa and South America. The spread of superbugs is associated with the proliferation of intensive farming practices known for use of antimicrobials for better weight gain and lower...

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25 September 2019

Nibulon built the biggest freight ship in Ukraine

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Nibulon, a Ukraine-based agroholding operating its own freight fleet, has built the biggest freight ship in Ukraine with a one-time storage capacity of 10,000 tonnes of grain. The 140-meter long ship has been successfully put into operation. Nubulon operates 82,500 hectares of farmland and a fleet of 48 freight ships. The company is engaged in crop...

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24 September 2019

Kernel and MHP among top 10 Ukrainian sunflower oil producers

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Vertically integrated agroholdings Kernel and MHP are on the list of top 10 producers of sunflower oil in Ukraine by results of 2018/2019 FY. In particular, Kernel was ranked first with a share of 28% whereas MHP took the fourth place with a share of 8% of the total production volume of 5.5 million tonnes of unrefined sunflower oil. The companies...

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