03 April 2019
Ukrlandfarming to invest in rural cultural development
News -Ukrlandfarming, one of the largest Ukrainian agroholdings, intends to invest $ 15,000 (UAH 400,000) in reconstruction of cultural institutions in rural areas of Kherson, Poltava, Vinnytsia and Ivano-Frankivsk regions of Ukraine. Within its corporate social responsibility strategy, Ukrlandfarming is engaged in building sports- and playgrounds,...
02 April 2019
Cygnet to invest $ 2 million in agricultural machinery
News -Cygnet, an agroholding that operates 29,000 hectares of farmland in Ukraine, intends to allocate $ 2 million (UAH 54 million) to renew its machinery park in 2019. Since early 2019, the company has purchased 9 units of agricultural machinery and other equipment for spring sowing campaign. Cygnet is engaged in crop, milk and sugar production. ...
02 April 2019
MHP goes on identifying emotions of its employees
News -MHP, a Ukraine-based agroholding, is to launch the second stage of the project aiming to analyze the satisfaction rate of its staff with their job and working environment. During several months within a pilot phase of the project the innovative technology has been identifying and analyzing the emotions of a group of employees. In the nearest...
01 April 2019
Egyptian Burhan Group to invest $ 200 million in Argentinian agriculture
News -At the course of a promotion campaign, induced by the Argentinian government to present farmland zones to investors, the Egyptian Burhan Group informed Argentinian authorities about their intended large-scale investment of US$ 200 million. The group is one of the largest enterprises in the agricultural sector from the African continent and, in...
01 April 2019
Rusagro aims to be among top 3 Russian cheese producers
News -Rusagro, one of Russia’s largest agroholdings, produced 1,600 tonnes of cheese and cheese products, 4,200 tonnes of dry whey mixtures and 700 tonnes of butter in 2018. The company’s revenue from the dairy business segment amounted to RUB 854 million ($ 13 million).
In 2018, Rusagro took over the debt of Alev Group of Companies, and leased its...
29 March 2019
China’s Mengniu Dairy 2018 net profit up 49%
News -Mengniu Dairy, China’s second largest dairy producer, reported a net profit of 3.04 billion yuan ($ 452 million) for year 2018, a 49% increase compared to 2017. The main reasons for profit increase were rise in sales and the introduction of premium products. At the same time, revenue jumped 14.7% to 68.98 billion yuan. In the nearest future,...
29 March 2019
MEPs to define the future of large farms in EU
News -Members of European Parliament's agriculture committee are going to discuss the European Commission plan on reforming the EU’s common agricultural policy, with a focus on health, climate change and environmental objectives. In particular, on April 2, 2019 the committee will to vote on the rules of distributing subsidies among agricultural...
29 March 2019
AgriVolga to invest $ 28 million in cheese plant
News -AgriVolga Holding, a subsidiary of Russia-based Agranta Group, intends to invest RUB 1.8 billion ($ 28 million) in the modernization of the Uglich cheese plant, located in the Yaroslavl region of Russia. Since the acquisition of Uglich in 2018, AgriVolga has increased the worth of the initial investment project by 20%.
Once the modernization...
28 March 2019
Terra Santa: net profit jumps 475% in 2018
News -Terra Santa, a Brazilian agroholding operating 143,200 hectares of farmland in the state of Mato Grosso, reported a net profit of R$ 10.8 million ($ 2.8 million) in Q4 2018, a drop of 60% compared to Q4 2017. However, in a whole year perspective, net profit jumped 475% to R$ 42.2 million ($ 10.9 million) in 2018 compared to 2017 due to the boost in...
28 March 2019
Zakhidnyi Bug increased its farmland area by 14,000 hectares
News -Zakhidnyi Bug, a Ukraine-based agroholding, has increased its farmland area by 14,000 hectares since the beginning of 2019. In particular, the company purchased land-lease rights for 6,500 hectares of farmland in the Ternopil region and 7,500 hectares in the Chernivtsi region of Ukraine. Currently, Zakhidnyi Bug operates 51,000 hectares of farmland...