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08 April 2020

Miratorg became Russia’s first beef exporter to China

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Miratorg, Russia’s largest meat producer, reports to have exported its first batch of beef to China. The volume of the shipment is 200 tonnes. Miratorg was certified to supply beef to China in early 2020, after seven years of negotiations at the inter-state level, and became the first Russia-based company to have received such permission. The...

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07 April 2020

Development of large-scale farming in Romania: the role of policies and reforms

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Romania, a former socialist country and a member state of the European Union today, has experienced a steady growth in the number and size of large farms over the past years. Commercial farms of over 100 hectares represent 0.4% of Romania’s farms and altogether control almost 6 million hectares or 47.8% of the country’s total farmland. Meanwhile,...

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06 April 2020

Ukraine: 8 million hectares of farmland in shadow

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The Parliament of Ukraine disclosed that the scale of shadow farmland market in Ukraine comprises 8 million hectares. These farmland areas are operated illegally, bringing no taxes to the state or local budgets. The lately adopted law on farmland sales aims to regulate farmland use and formalize farmland relations in the country. In 2021, land...

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03 April 2020

Astarta settled conflict with its ex-director

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Astarta, a Ukraine-based agroholding and leading sugar producer operating 250,000 hectares of farmland, settled the conflict with the ex-director of its subsidiary Dobrobut Oleksandr Kovalenko. Back in 2019, Astarta accused Mr. Kovalenko of intentional termination of land lease agreements between Dobrobut and the owners of land plots operated by...

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03 April 2020

Niva Pereyaslavshchiny boosted canned pork production

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Niva Pereyaslavshchiny, a vertically integrated Ukrainian crop and pork producer operating 23,000 hectares of farmland, reports its production lines continue operating at full capacity and in full compliance with the hygienic and safety standards during COVID-19 quarantine. The company slaughters 1200 pigs and produces 100 tonnes of finished pork...

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02 April 2020

MHP: demand for poultry in Ukraine up during COVID-19 quarantine

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MHP, Ukraine’s largest poultry producer, reports demand for its chicken production to have risen 20% countrywide since the quarantine measures in the context of COVID-19 came into force. In particular, packaged poultry is most preferred among the consumers. Earlier, MHP allocated $1 million for anti-coronavirus campaign. MHP operates 370,000...

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02 April 2020

KSG Agro supports rural communities during coronavirus outbreak

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KSG Agro, a Ukraine-based agroholding, has created an operational aid center at its pig farm in the Dnipropetrovsk region, aimed to prevent the outbreak of COVID-19. The center is operated by volunteer employees of the pig farm and provides the local dwellers with necessary personal protection equipment and sanitizers. Also, the center has launched...

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01 April 2020

Continental Farmers Group paid $24 million in taxes in 2019

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Continental Farmers Group (CFG), a Ukraine-based agroholding operating 195,000 hectares of farmland in the western part of the country, reports to have paid $24 million in taxes in 2019. Of this sum, $10 million went to the state budget. Local, rayon and regional budgets in the areas of CFG’s operations were paid $5.4 million, $3 million and $1.4...

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31 March 2020

Ukraine: farmland market law adopted

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The Parliament of Ukraine has adopted the law on farmland sales which is to be in effect starting July 2021. The law provides for a number of restrictions. In 2021, land operations will become available for individuals/natural persons only, and they will be able to purchase or sell not more than 100 hectares of farmland per person. The legal...

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31 March 2020

Fitch assigned A- rating to MSU Agro

News -

Fix SCR (affiliate of Fitch Ratings) upgraded the credit rating of MSU Agro, an Argentina-based agroholding, from BBB+ to A- with a stable outlook. The key driver of such improvement was the operational efficiency improvement of the company. MSU Agro has managed to raise its margins and decrease its indebtedness. In the period from June to December...

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