IMC, a Ukraine-based agroholding, reports to have completed the harvesting campaign of winter wheat with a yield of 6.3 tonnes per hectare, a record high for the whole period of the company’s operations. In total, 82,300 tonnes of winter wheat were harvested from the farmland area of 13,100 hectares. The result exceeds the average countrywide yield...

Sucden, a France-based group of companies running sugar business in Russia, has acquired 51.5% of the Eletskiy sugar plant, a subsidiary of the Russia-based Trio agroholding, engaged in crop, livestock and sugar production. With this acquisition, Sucden strengthened its position on the Russian sugar market while its sugar processing capacities rose...

Miratorg, Russia’s largest agroholding in terms of land use, reports that net loss of its beef-producing subsidiary Bryanskaya Meat Company deepened 5.7 times to $ 214.6 million in 2018, as compared to 2017. Back in 2016, Miratorg posted a net profit of $ 145.6 million in the beef segment. Meanwhile, revenue from beef production rose 36% to $ 335.7...

Rusmolko, a Russia-based milk-producing subsidiary of Olam International, has started the construction of a dairy farm in the Penza region. The worth of the investment project is estimated at $ 67 million. The farm is going to be the largest dairy complex with a closed-loop production cycle countrywide and is designed to maintain up to 10,400 cows...

Ukrlandfarming, the second largest Ukrainian agroholding in terms of land use, reports to have invested $ 20 million in irrigation technologies since 2012. The funds were allocated for renovating water supply pipelines and acquisition of up-to-date irrigation facilities. Overall, the company equipped the area of 4,500 hectares with irrigation...

Agromino, an Estonia-based agroholding with operations in Russia and Ukraine, reports to have acquired a 8,500 hectares-large Ukrainian agricultural enterprise Resilient, engaged in crop and dairy production.  The owner of Resilient is also the main beneficiary of Agromino, and the value of the transaction amounts to $ 12,9 million. Prior to the...

Cherkizovo Group, one of Russia’s largest meat products manufacturers, reports to have started the construction of a second stage of the poultry farm complex Tambovskaya Indeyka together with Spanish Grupo Fuertes. The second stage of the project involves building a breeding reproducer and three feedlots, as well as increasing capacity of the...

Kernel, the world’s leading producer of sunflower oil, expects to get a loan from EBRD worth $ 80 million for financing its working capital needs. In particular, funds will be invested in procurement, storage, transportation and export sale of grain. The decision on the project will be taken in early September 2019. So far, Kernel operates 550,000...