Astarta-Kyiv, a Ukraine-based agroholding, wants to produce soy protein concentrate on its soybean processing plant in the Poltava region. The company will invest about $50 million in the construction of a deep processing line with annual production capacity of 100,000 tonnes of soy protein concentrate. The project is to be implemented within two...

MHP, Ukraine’s largest poultry producer, has acquired a 51% stake in Lubnymyaso, Ukrainian beef production company. The acquired company operates a plant with daily production capacity of 25,000 tonnes of beef meat. Net asset value of Lubnymyaso has been estimated at $1.53 million. Previously, the company used to supply beef to MHP’s countrywide...

Sibagro, a Russia-based agroholding, has acquired a pig farm in the Kursk region at an auction. The worth of the deal was $12.36 million. The farm has one-time maintaining capacity of 77,000 pigs and produces 15,000 tonnes of pork annually. Back in 2020, a local court initiated bankruptcy proceedings against the farm. With this acquisition, Sibagro...

Ukrprominvest-Agro, a Ukraine-based agroholding and large-scale sugar producer, reports to have started 2021 sugar season. The company is currently harvesting sugar beets on 14,000 hectares in the Vinnytsia region. The first batch of sugar beets has already been delivered to a local sugar factory operated by Ukrprominvest-Agro. The company expects...

KSG Agro, a Ukraine-based agroholding, has started harvesting sunflower on the farmland area of 7,240 hectares in the Dnipropetrovsk region. The provisional results presented by the company show that sunflower yields have almost tripled to 2.8-3 tonnes per hectare this year as compared to last year. KSG Agro plans to sow wheat and barley on the...

A founder and major shareholder at Ukraine-based agroholding IMC Oleksandr Petrov has increased his stake in the company 0.14% to 80.28%. In particular, he has acquired 46,900 shares of IMC at a price of about $7.94 per share. The total worth of the deal was about $372,400. Previously, IMC has reported that its net profit almost tripled to $77.4...

Resource Group, a Russia-based agroholding, has recently applied to the Federal Antimonopoly Service of Russia to lease the production capacities of a poultry factory in the Samara region. The factory was launched back in 2011 and can produce up to 140,000 tonnes of poultry meat annually. Currently, the facility is operating below its capacity and...

Kernel, one of Ukraine's largest agroholdings and the world's leading producer of sunflower oil, reports that its shareholders have decided to buy back up to 19.2 million of Kernel’s shares within the next two years for a total of about $250 million. The purchase price of shares should lie between $13.12 and $17.05 per share. The key drivers behind...

Rusagro, a Russia-based agroholding and large-scale sugar producer, reports to have started 2021/22 sugar season. This year, the company plans to raise sugar production due to an upward trend in sugar beet yields. Rusagro operates nine sugar factories with a total sugar production capacity of 54,000 tonnes per day. Rusagro’s annual molasses...

Agroton, a Ukraine-based agroholding, received net loss of $2.98 million in January-June 2021 (H1 2021), which is 17% lower as compared to H1 2020 (net loss of $3.6 million). The company's revenue grew 24% to $17.15 million in H1 2021 as compared to H1 2020. Meanwhile, gross profit decreased 83% to $1.34 million, and operating profit declined 50%...