News

25 August 2018

Top-10 Russian agroholdings earned RUB 694 billion in 2017

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The ranking, produced by Russian analytics company INFOline, shows the top Russian agroholdings in 2017, based on generated net sales. Miratorg, a leading Russian producer of meat and crops, tops the list with RUB 125 billion worth of net sales, an increase of RUB 5 billion over the 2016 result. Cherkizovo Group, one of the largest Russian meat producers, generated RUB 91 billion and was ranked second, leaving the agroholding Rusagro with the result of RUB 79 billion behind. The Russian subdivision of a multinational trading company Cargill managed to increase its net sales by RUB 3 billion to RUB 75 billion within 2017 and remains forth in the ranking. The fifth position is occupied by a pork manufacturer Agro-Belogorie with total worth of net sales of RUB 70 billion. The rest of the top-10 Russian agricultural producers were rounded out by well-known agroholdings Komos Group, Prodimex, Agrocomplex named after Tkachev, Belgrankorm and Prodo Group.

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24 August 2018

Agroprodservice imported 270 purebred hogs from Denmark

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Agroprodservice, a Ukrainian agroholding engaged in crop and meat production, has imported 270 hogs of Landrace breed from Denmark. As reported by the company, these hogs are to be crossbred to the Yorkshire breed to create an F1 hybrid that is known for productivity of 30-32 live-born piglets per year. At the moment, the hogs are undergoing quarantine at one of the farms of Agroprodservice.

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23 August 2018

Agrogeneration to cultivate amaranth

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AgroGeneration, an agroholding operating 120,000 hectares in Ukraine, intends to allocate 20 hectares of land for amaranth production in 2019 to test the crop’s two varieties – Kharkiv-1 and Lera. As reported by the head of the Association of Amaranth Producers of Ukraine, Oleksandr Duda, AgroGeneration searched for a cash crop that improves soil...

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Photo: Fotolia ©

23 August 2018

MHP to recycle treated wastewater

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Myronivska Poultry Farm, a subsidiary of the Ukrainian poultry production leader MHP, located in the Cherkasy region, is to reuse treated wastewater from broiler processing for business needs. According to the calculations, it is expected to recycle 1,500 cubic meters of treated wastewater per day. Besides, the farm declares that 5,500 cubic meters...

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23 August 2018

Rostagro becomes part of Trust Bank

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Rostagro (Rosagro till 2018), an agroholding operating 377,000 hectares in Russia, has been passed into the ownership of Trust Bank as part of the financial curing of Binbank, a former owner of Rostagro. The Central Bank of Russia has established a fund of non-core and troubled assets of weak banks on the premises of Trust Bank. As of May 2018, Rostagro was Russia’s ninth largest agroholding.

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22 August 2018

JBS to expand its operations in the US

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The US expansion of JBS, the largest manufacturer of animal-based products and animal protein in the world, has been a factor of optimism for investors. JBS invests in expansion and higher visibility of its branded products. The US retail networks are reducing the number of outlets with own butcher shops. With that, sale of packaged and branded...

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22 August 2018

Kletsky: The future of agricultural investments is in Europe

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Mila Kletsky, President and Academic Director of the investment consultancy Picking Alpha, believes that Europe possesses a combination of factors that make it the best place for successful investments in agriculture, e.g. well educated people, big and stable demand, non-shrinking middle class, etc. She made this statement at the IAMO Forum 2018 in Halle, Germany. She added that the middle class is the basis for a steady demand while investors find it reasonable to invest in the markets where the consumers are ready to spend money. The extended interview with Mila Kletsky will soon follow on our website this week.

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22 August 2018

Evrodon suffering from mudslinging?

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Evrodon, a Russia’s leading poultry producer, has reportedly passed the payment deadline on a loan, issued by VEB Capital (a subsidiary of Vnesheconombank). According to the Russian newspaper Vedomosti, the amount of the failed payment reaches several hundred millions of rubles. Besides, the representatives of VEB Capital are analyzing the financial position of the company and the opportunities for debt restructuring at the moment. Evrodon, on the contrary, considers these media reports as a mudslinging and claims to suffer from information attack. The company representative tells that VEB Capital’s experts have been working at Evrodon’s head office on a regular basis since July 2017 when VEB Capital became the main owner of Evrodon.

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22 August 2018

Rostok Holding harvested 69,400 tonnes of grains

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Rostok Holding, a vertically integrated Ukrainian agroholding operating 60,000 hectares, 5 animal farms and 3 elevator facilities, has finished harvesting of grains with a total result of 69,400 tonnes. In particular, the company has harvested 40,900 tonnes of winter wheat from 6,700 hectares and 3,400 tonnes of peas from the area of 1,100...

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21 August 2018

Idavang to build a pig farm in Russia

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Idavang Agro, an agricultural subsidiary of the Danish holding Idavang A/S running pig farm business in Russia and Lithuania, has started building a pig farm for 55,000 pigs including 3,500 sows with a production capacity of 12,000 tonnes of pork or 98,000 of pigs per year in the Leningrad region of Russia. The total worth of the investment project amounts to RUB 3.7 billion. As reported, the new farm is to be built by 2022 and is expected to increase the pork production in the region by 30% after achieving its full capacity.

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