EkoNiva, Russia’s largest producer of raw milk and a subsidiary of German Ekozem-Agrar, will further receive funding from its major creditor Rosselkhozbank. The bank will extend a credit line for EkoNiva to complete the construction of its three dairy farms with a total annual production capacity of 100,000 tonnes of raw milk in the Moscow region…

MHP, Ukraine's largest poultry producer, is going to pay one-time special dividends to its shareholders in December 2021. The total volume of payments is estimated at $30 million ($ 0.2803 per share). Earlier this year, MHP has paid $30 million in dividends for the year 2020. MHP operates 370,000 hectares of farmland across Ukraine, and controls…

Olzha Agro, a Kazakhstan-based agroholding, will start exporting flax to Belgium. The company has signed a respective agreement worth $16 million with a Belgian company Vandeputte. Olzha Agro mainly exports grains and oilseeds to the countries of Central Asia (Uzbekistan, Tajikistan, Afghanistan), Iran, Russia, and China. Olzha Agro operates a…

Kernel, a Ukraine-based agroholding and leading sunflower oil producer, plans to process 3.8 million tonnes of sunflower in FY 2021/22 and therefore raise its oilseed processing volumes 18% as compared to the previous fiscal year. The key driver behind these expectations is record-high sunflower harvest this year countrywide. In Q1 FY 2021/22,…

MHP, Ukraine’s largest poultry producer, reports net profit of $377 million for January-September 2021, as compared to net loss of $109 million within the same period last year. Meanwhile, the company’s operational profit grew 114% to $416 million, and gross profit rose 78% to $573 million. In the reporting period, MHP’s revenue rose 16% to $1.6…

Astarta-Kyiv, a Ukraine-based agroholding, has finished harvesting sugar beets. This year, the company has harvested 1.6 million tonnes of sugar beets, with the average yields of 47 tonnes per hectare and the average sucrose concentration of 17.03%. Currently, Astarta is delivering sugar beets to its sugar plants. This year, the company has already…

Continental Farmers Group (CFG), a Ukraine-based agroholding owned by SALIC, reports to have exported 121,000 tonnes of wheat to Saudi Arabia in 2021. The total volume of wheat has been acquired by Saudi’s public procurement entity Saudi Grains Organization (SAGO) and shipped in a single batch. Last year, CFG shipped 60,000 tonnes of wheat to Saudi…

Steppe Agroholding, Russia’s large-scale crop, raw milk, and horticulture producer, reports to have harvested 30,000 tonnes of apples this year, a 43%-increase as compared to the previous year. The key drivers behind output growth were favorable weather conditions and improving fruit trees nutrition. Steppe operates 751 hectares of apple gardens…

Sibagro a Russia-based agroholding, has launched the third stage of its pig farm in the Novosibirsk region. Now, the facility is expected to raise the annual pork production 50% to 95,000 tonnes. The worth of investments in the third stage of the project is about $45 million. Sibagro wants to supply pork produced at the farm to the nearby Russian…