News archive
04 September 2019
TOP 10 Russian agroholdings earned $ 9.65 billion in 2018
News -The ranking, prepared by Russian analytics company INFOLine, discloses the top ten Russia-based agroholdings in 2018, based on revenue. The total turnover of the listed companies increased 4.7% to $ 9.65 billion in 2018 excluding VAT as compared to 2017.
Miratorg, the Russia’s leading producer of meat and crops, is at the top of the list with $...
02 September 2019
Agroton: net profit down 72%
News -Agroton, a Ukraine-based agroholding, reports a net profit of $ 3.28 million in the first half of 2019, a 72% decrease as compared to the same period in 2018. Gross profit reduced 44% to $ 3.89 million, operational profit decreased by $ 5.77 million to $ 198,000. At the same time, revenue rose 7.3% to $ 17.9 million. Agroton operates 110,000...
30 August 2019
HarvEast to expand area of fields under irrigation to 5,000 hectares
News -HarvEast, one of the biggest agricultural companies in Ukraine, plans to expand irrigated farmland from current 1,600 hectares to 5,000 hectares. HarvEast launched its irrigation program in 2017. The initial investment amounted to $ 2,500-3,000 per hectare. In the last few years, the company expanded the irrigated area by 1,240 hectares. According...
29 August 2019
Rusagro completed harvesting campaign 2019
News -Rusagro, one of the largest Russian agroholdings, has completed the harvesting campaign of winter crops on a total area of 232,000 hectares in the Belgorod, Tambov, Kursk, Oryol and Saratov regions of Russia. The company harvested 900,000 tonnes of grains, a 3% increase as compared to the previous year. This figure includes 712,000 tonnes of wheat...
28 August 2019
Large-scale farming and environmental sustainability
Overview -Large corporate farms are often accused of having a damaging impact on ecology and contributing heavily to climate change. Industrial farming, in particular livestock farming, is increasingly associated with global warming, soil and water contamination, overproduction of waste and deforestation. However, in recent years, fostered by heavy social...
28 August 2019
Russkoe Pole to produce duck meat
Russkoe Pole, a Russia-based agroholding, plans to launch duck meat production. For this purpose, the company will redesign its broiler farm Tsentralnaya in the Vladimir region of Russia into a duck farm within the next two years. Currently, the farm maintains 35,000 ducklings and 600,000 broilers. Russkoe Pole plans to invest $13.55 million in the...
28 August 2019
Damate to increase milk production 33%
News -Russia’s Damate Group plans to increase its annual milk production 33% to 43,000 tonnes at its dairy farm in the Tyumen region by late 2019. In January-July 2019, the farm produced 25,100 tonnes of milk, a 167% increase as compared to the same period of the last year.
The key factors behind production increase are the growth in livestock...
27 August 2019
EkoNiva to invest $ 180 million in dairy farms
News -EkoNiva, the largest Russian producer of raw milk and a subsidiary of German Ekozem-Agrar, wants to build three dairy farms in the Samara region of Russia. The volume of investment is estimated at $ 180 million. The key driver behind such decision is EkoNiva’s plan to increase annual milk production to 1 million tonnes by 2020. Also, the company...
26 August 2019
Cherkizovo to acquire egg farm
News -Russian largest poultry meat producer Cherkizovo Group intends to acquire Rovensky Broiler, a subsidiary of Prioskolye Group agroholding. The total production volume of Rovensky Broiler is 70 million poultry eggs per year. The transaction value is estimated at $ 22.8-38.1 million.
With this purchase, Cherkizovo’s annual egg production will reach...
26 August 2019
Rusagro took 22.5% stake in Russian leading pork producer
News -Rusagro, a Russia-based agroholding, reports to have acquired a 22.5% stake in Agro-Belogorye, a Russian third largest pork producer with a 5% share on the Russian pork market in 2019. The transaction value is estimated at $ 411.5 million. With this purchase, Rusagro expects to increase its pork production.
Agro-Belogorye was founded in 2007. The...