The Eurasian Development Bank (EDB) will seek a full refund of the funds previously allocated to the Ivolga agricultural holding, which has assets in Kazakhstan and Russia. The Kustanai City Court decided in May 2017 to fully satisfy the EDB's claims against the agricultural holding company "Ivolga" and its main beneficiary, Vasiliy Rosinov....

Nibulon, a Ukrainian leading crop producer and exporter operating 82,500 hectsres in 12 regions of the country, has already exported 965,000 tonnes of grain in 2018/2019 marketing year (MY). The company is focusing on the Asian market, especially on China, Indonesia and South Korea. Thus, Asia accounts for 64.5% of Nibulon‘s grain exports in...

Marfrig, the second largest producer of meat worldwide, based in Brazil, has appointed Eduardo Miron as the new CEO of the company and also announced a restructuring of its business by dividing it in two parts: one for the South American countries and one for the North American countries. With this division, the company seeks to better manage its...

Ekoniva, the Russian ‘daughter’ of the Germany-based company Ekosem-Agrar and Russia’s largest milk producer, postpones the planned initial public offering (IPO). According to the head of Ekosem-Agrar, Stefan Dürr, the political situation in Russia and possible financial sanctions of the international community are the main obstacles toward going...

Agroton, a Ukrainian agroholding engaged in crops, meat and milk production, has successfully completed a deal with the largest Ukrainian agroholding Kernel on the purchase of Siversky elevator in the Donetsk region of Ukraine. The grain elevator has a loading capacity of 15,000 tonnes. The deal was worth $ 630,000 and  was authorized by the...

The State Treasury Service of Ukraine declared the list of agribusiness companies that were granted a VAT refund in August 2018. The ranking of major VAT refund recipients includes Ukrainian largest agroholdings and international grain traders such as Kernel, Nibulon, Suntrade (Bunge), ADM Trading Ukraine, MHP, Cargill, Astarta and CofcoAgri...

The Kazakh national holding KazAgro received KZT 6.87 billion ($ 18.2 million) of net profit in the first half of 2018 against the loss of KZT 46.197 billion ($ 122.8 million) in the same period of 2017. The company's revenue from sales of goods and services increased by 90% and amounted to KZT 12.833 billion ($ 34.1 million). Net loss from...

Agroton, an agroholding engaged in crops, meat and milk production in eastern Ukraine, reported $ 11.8 million of net profit in the first half of 2018, an increase of 47% over the result of the same period of 2017. The company’s revenue for increased from $ 16.5 million to $ 16.6 million. The net financial income for the first half of 2018...

BrasilAgro announced at the beginning of this week to have leased 23,500 hectares in São Félix del Araguaia. The lease term has duration of 10 years and, with this, BrasilAgro plans to expand its production on leased land. For the 2017/2018 harvest, the company planted 103,000 hectares, of which 26% were leased. The company's...