News archive
05 October 2018
Consolidation trend in the UK's poultry farming
News -A rapid consolidation trend has been observed in the UK's poultry industry in recent years. The majority of UK’s poultry meat is produced by a handful of privately owned large companies. Seven of the biggest poultry farms in the UK have the capacity to house more than 1 million birds. The two biggest of them are able to hold 1.7 million and 1.4...
05 October 2018
Large Farm Management Conference “Agribusiness 2018: AGRO or BUSINESS?”
Report -IAMO and the International Competence Center on Large Scale Agriculture (LaScalA) were partners of this year's Large Farm Management Conference held from September 19th to September 20th, 2018 in Kiev, Ukraine. The main organisers of the international conference entitled “Agribusiness 2018: AGRO or BUSINESS?” were the Ukrainian Agribusiness Club...
04 October 2018
Nibulon exported 1.4 million tonnes of agricultural products
News -During the first quarter of 2018/19, the Ukraine-based Nibulon company exported 1.41 million tonnes of agricultural products, which exceeded the previous record amount of 1.39 million tonnes for the same period in 2015/16. Wheat has the largest share of 47.3% (668,260 tonnes) among the exported products. The shares of barley and rapeseed are almost...
03 October 2018
Galactika to invest in cheese production
News -Galactika group of companies plans to invest RUB 400 million ($ 6 million) in the production of mozzarella, ricotta and cream cheese in the Gatchina district of Russia. The holding intends to produce 300 tonnes of these products per month. The launch of the cheese production line will allow the company to use the storing capacity and the primary...
02 October 2018
SLC Agrícola to increase area under cotton by 27.2%
News -SLC Agrícola plans to sow 120,985 hectares with cotton in 2018/19. This is a 27.2% increase compared to 2017/18. The company’s total planted area will grow by 12.5%, reaching 404,446 hectares. The total planted area for the 2nd harvest will increase by 19.7% compared to the previous year. By expanding the sown area, the company expects to get a...
02 October 2018
UkrLandFarming to build a livestock cluster in Zhytomir Oblast
News -The UkrLandFarming group of companies intends to open a livestock cluster for raising beef cattle in Zhytomir Oblast. The holding plans to increase the cattle herd by at least 1,500-2,000 heads by purchasing young stock for fattening. At the moment, the UkrLandFarming’s livestock amounts to 6,000 heads of cattle. UkrLandFarming produces 40,000...
29 September 2018
Agrosila invests millions in sugar enterprise
News -The Agrosila holding has invested RUB 2 billion ($ 30.48 million) in the modernization of its sugar plant Zainsk Sugar since 2014. The plant processing capacity reaches 8,000 tonnes of sugar beet per day. In the current season, the company plans to process 1.1 million tonnes of sugar beet. Agrosila also invested RUB 200 million ($ 3 million) in...
28 September 2018
Sebastian Senesi, Marcos Daziano: Institutional turbulence renders modern technologies insufficient
Opinion -The extensive agricultural production sector in Argentina is based mostly on a medium to large scale business model. The production units are connected horizontally by means of (mainly) land leases and (to a lesser extent) ownership in order to increase the scale of production, distribute fixed costs and generate higher income in a generally...
28 September 2018
Agromino’s largest shareholder increased its stake to 43%
News -Mabon investiční fond s proměnným základním kapitálem a.s., the largest shareholder of Agromino, purchased 3.1 million shares of the company for a total of SEK 53.57 million ($ 6 million) corresponding to a price of SEK 17 ($ 1.91) per share. Mabon thus increased its number of shares to 7.5 million, which corresponds to 43.05% of the total number of shares and votes in the company. GoMobile Nu AB, the company’s second largest shareholder, announced about the sale of 1.48 million shares for a total of SEK 25.6 million ($ 2.8 million) corresponding to a price of SEK 17 ($1.91) per share. If the condition is fulfilled, GoMobile Nu AB will hold less than 15% of the total number of shares and votes in the company. Agromino, an agribusiness company in Ukraine, Russia and Estonia, received a net loss of € 2.8 million ($ 3.24 million) for the first half of 2018 compared to a net loss of € 9.5 million ($ 11 million) for the same period in 2017.
26 September 2018
Switzerland to extradite Ex-CEO of Mriya to Ukraine
News -Mriya Agroholding, a group of companies operating 165,000 ha in 6 regions of Ukraine, informed of possible extradition of its former CEO, Mykola Guta, from Switzerland to Ukraine. Mykola Guta was put on the international wanted list after Mriya had accused him of financial fraud worth $ 100 million. Although he applied for political asylum in...