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25 October 2021

Rusagro quit raw milk production

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Rusagro, a Russia-based agroholding, reports to have stopped raw milk production. The company has lately sold its dairy farm maintaining 1,200 cows. Rusagro claims raw milk production to have been its non-core activity. Instead, the agroholding wants to further develop sugar and pork segments. In the nearest future, Rusagro plans to enter the...

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25 October 2021

Agrotrade to export organic commodities to USA and Canada

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Agrotrade, a Ukraine-based agroholding operating 70,500 hectares of farmland, wants to start exporting organic agricultural commodities to USA and Canada. The company has lately received respective USDA NOP certification. Over the last five years, Agrotrade has exported organic crops mainly to the EU. Of the total variety of crops produced by...

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21 October 2021

MHP: poultry production up 7% in Q3 2021

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MHP, Ukraine’s largest poultry producer, reports to have produced 194,200 tonnes of poultry meat in Q3 2021, a 7%-increase as compared to Q3 2020. Meanwhile, the company's poultry sales declined 5% to 185,360 tonnes, and domestic poultry sales declined 12% to 76,400 tonnes within the same period. In Q3 2021, MHP exported 108,960 tonnes of poultry...

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19 October 2021

Rusagro launched new pork plant

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Rusagro, a Russia-based agroholding, has lately launched a new pork plant in the Prymorsky Krai. The facility is designed to slaughter 680,000 heads and produce 65,000 tonnes of pork annually. After reaching full capacity, the plant is expected to provide pork to 80% of the population in the region. At the same time, about 10% of pork produced at...

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18 October 2021

Kernel to set another M&A deal

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Kernel, a Ukraine-based agroholding, has received permission from Antimonopoly Committee of Ukraine to acquire a controlling stake in an agricultural enterprise Agrodom operating 15,000 hectares of farmland in the Chernihiv region. 

Currently, Kernel operates 510,000 hectares and is Ukraine’s largest agroholding in terms of farmland area. In the...

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07 October 2021

CFG acquired grain elevator

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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, has acquired a grain elevator with one-time storage capacity of 87,500 tonnes. The worth of the deal has not been disclosed. In addition, CFG has lately completed the construction of a new potato storage with a...

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06 October 2021

Olzha Agro to build eight dairy farms until 2023

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Olzha Agro, a Kazakhstan-based agroholding, plans to construct eight dairy farms in the Kostanay region until 2023. The total worth of the project is estimated at around $99 million. Also, the company wants to build an infant food factory worth about $23.5 million. The facility is expected to be launched in 2022 and to process 16,000 tonnes of raw...

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06 October 2021

Nibulon became No.1 VAT refund recipient in September 2021

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Nibulon, a Ukraine-based agroholding operating 82,000 hectares of farmland and own freight fleet, received $55 million of VAT refund in September 2021, having topped the list of largest VAT refund recipients among Ukrainian agribusiness companies prepared by the State Treasury Service of Ukraine. The top-15 list was also joined by the agroholdings...

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05 October 2021

Kernel to expand its size to 700,000 hectares

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Kernel, a Ukraine-based agroholding, plans to expand its farmland area to 700,000 hectares in the upcoming years. The company wants to accumulate farmland through acquisitions of agricultural enterprises. Within the next five years, Kernel expects to raise its annual sunflower processing volumes to 6 million tonnes and to increase its annual grain...

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04 October 2021

IMC founder increased his stake in company to 80.41%

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A founder and major shareholder at Ukraine-based agroholding IMC Oleksandr Petrov has increased his stake in the company 0.13% to 80.41%. In particular, he has acquired 43,150 shares of IMC at a price of about $7.84 per share. The total worth of the deal was about $338,300. Previously, IMC has reported that its net profit almost tripled to $77.4...

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