Agroprosperis, one of the largest Ukraine’s agroholdings, has become the member of The Grain and Feed Trade Association (GAFTA), an international trade association connecting over 1800 members from 95 countries across the world. With the membership in GAFTA, Agroprosperis gets access to a large network of market players worldwide, as well as to a...

Astarta, a vertically integrated agroholding operating 250,000 hectares of farmland in eight regions of Ukraine, posted a net loss of $ 23.7 million for 2018. The revenue decreased 19% to $ 418 million in 2018 compared to 2017. EBITDA fell 53% to $ 64 million. At the same time, net debt rose 28% to $ 332.7 million due to poor harvest in 2017 and...

EkoNiva, the largest Russian producer of raw milk and a subsidiary of German Ekozem-Agrar, reports to have increased milk production 1.6 times to 484.000 tonnes in 2018. As for today, the company’s milk output equals 2,000 tonnes per day, a 33%-increase compared to late 2018. The livestock consists of 140,000 cows in total, including 75,000 milk...

Steppe agroholding, an agricultural subsidiary of Russia-based AFK Sistema Corporation operating 400,000 hectares of farmland, reported revenue of $ 369 million (RUB 24.1 billion) in 2018, an increase by 2.4 times compared to 2017. Operational profit rose 23% to $ 50.5 million (RUB 3.3 billion). Grain exports increased fourfold to exceed 1.1...

Kernel, the world’s leading sunflower oil producer, is to build Ukraine’s most innovative oil refinery, using the high-technology equipment and implementing the European quality management standards. The expected processing capacity of the facility is to reach 1 million tonnes of sunflower seeds per year. The estimated volume of investment is $ 130...

The Brazil-based beef producer Marfrig reports to have launched a slaughterhouse and a processing plant in Várzea Grande, a Brazilian state of Mato Grosso. Marfrig acquired the abovementioned enterprises for R$ 100 million ($ 26 million) in December 2018 from BRF. The capacity of a slaughterhouse is 2,000 heads per day, while the plant produces...