News archive
10 January 2020
NIBULON: record harvest in 2019
Nibulon, one of the Ukraine’s largest agroholdings, reports a record-high crop in 2019. In total, the company harvested 367,000 tonnes of grains and oilseeds, a 9% increase as compared to 2018. The record figures were achieved in wheat, sunflower and sorghum productions. Gross harvest of wheat was 138,000 tonnes; sunflower yields were 2.5...
10 January 2020
Agromino's board chairman gained more control over the company
News -Agromino, a Denmark-based agroholding with operations in Estonia, Russia and Ukraine, reports its Board Chairman Peter Krogman increased his stake in Agromino through the Czech investment fund Mabon. In particular, Peter Krogman bought 114,000 shares of the company at a price of $ 1.74 per share. The transaction value was almost $ 200,000. As for...
09 January 2020
Large farms produce a half of U.S. agricultural output
News -The latest U.S. federal government report informs that family farms prevail over corporate farms in the structure of the U.S. agriculture. Altogether, the family farms represent 98% of U.S. farms and 88% of U.S. agricultural production. At the same time, the large-scale family farms with annual gross profit of more than $1 million account for 46%...
08 January 2020
Agricom Group to produce flakes from its own oats
News -Agricom Group, a Ukrainian producer and processor of crops operating 40,000 hectares of farmland, plans to grow more oats to provide raw materials for its flakes production plant. In particular, the company plans to allocate up to 4,000 hectares for oats production and thus cover about 60% of its needs in commodities for processing as compared to...
07 January 2020
U.S. 10% largest farms got 50% of trade aid in 2019
News -The Market Facilitation Program (MFP) of the Trump administration allocated $15.9 billion of subsidies to the U.S. crop and hog farmers in 2019 as compensation for their losses due to the U.S.-China trade war. However, most of the aid allegedly went to the largest agricultural enterprises leaving the medium and smaller ones behind.
According to...
30 December 2019
MHP to launch the world’s largest biomass power plant
News -MHP, a Ukraine-based agroholding, reports to have started a launch of a 24-megawatt biomass power plant in the Vinnytsia region. The facility uses organic waste from broiler production for biogas generation. After reaching its full capacity, the plant will become the world’s largest biogas facility of its kind. For now, the amount of energy...
27 December 2019
Study: Foreigners control 5% of Russia’s farmland through ownership in agroholdings
Overview -Russian official statistics recognizes the following three types of agricultural producers: agricultural enterprises (corporate farms), peasant farms and individual rural households. However, none of these groups officially includes so-called agroholdings – vertically and horizontally integrated large farming structures consisting of numerous...
27 December 2019
Epicentr K on loan from foreign investor
News -Epicentr K, a Ukraine-based agroholding, will receive a $ 70 million loan for the period of seven years from the Black Sea Trade and Development Bank (BSTDB). The funds will be invested in business development, particularly asset acquisition as well as construction of new and modernization of existing grain elevators. Epicentr K plans to raise its...
23 December 2019
MHP awarded for sustainable practices
News -MHP, a Ukraine-based agroholding, received an award for implementing its waste management project from the Ukrainian Forum Eco-Transformation-2019. The project aims at minimizing the harmful effects of large-scale operations on the environment through sustainable waste utilization and switching to renewable energy sources. MHP uses plant-based...
23 December 2019
Astarta raises attractiveness of employment in farming sector
News -Astarta Kyiv, a Ukrainian leading producer of crops, sugar, and milk, was awarded with “HR Brand Ukraine 2019: innovations, trends and the best decisions of employers” for successful implementation of its project “My future in agro: new opportunities in IT”. Launched back in 2017, the project aims at deconstructing the biased attitudes and...