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27 March 2019

Mriya purchased agricultural equipment for $ 2.3 million

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Mriya, an agroholding operating 165,000 hectares of land in six regions of Ukraine, extended its machinery park by 17 units of agricultural machinery, equivalent to $ 2.3 million. The purchase of the equipment was funded by SALIC, a common investor of Mriya and another Ukrainian agroholding – Continental Farmers Group (CFG). Mriya and CFG will use...

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27 March 2019

Ukrlandfarming in search for foreign investors

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Ukrlandfarming, a leading Ukrainian agroholding intends to attract foreign investors to build a seaport in the Black Sea. The project of the seaport is ready for implementation. However, the construction has been suspended due to lack of necessary funds. The implementation of the project requires investments worth $ 200-800 million. The company...

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27 March 2019

Agrosila: growth in revenues to $ 591.6 million

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Revenues of Agrosila, one of Russia’s largest agroholdings, grew to reach RUB 38 billion ($ 591.6 million) in 2018, a 12% increase compared to 2017. The company reports of modernization as the main driver behind this development. In 2018, Agrosila invested a total of RUB 2 billion ($31 million) in the modernization of its production facilities. In...

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26 March 2019

MHP: revenue up 21% in 2018

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MHP, the Ukraine-based agroholding listed on London Stock Exchange, reported a revenue of $ 1.55 billion in 2018, an increase of 21% compared to 2017. The company’s revenue from exports amounted to $ 924 million, representing 59% of total revenue, while 2017 export revenue equaled to $ 732 million and accounted for 57% of total revenue. EBITDA...

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26 March 2019

Blago to acquire Ertilsky oil refinery

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Blago Group, one of Russia’s largest producers of vegetable oils, intends to buy the Ertilsky oil refinery plant in the Voronezh region of Russia. Blago has been renting the plant after it went bankrupt in early March 2018. As for 2018, the Ertilsky oil refinery managed to process about 110,000 tonnes of oilseeds, which is about half of its full...

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26 March 2019

Ukraine: agroholdings invest in digitization up to $7 per hectare

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A recent ranking produced by NV.ua shows the top innovative Ukrainian agroholdings invested in implementation of digital technologies a sum equal to $5 to $7 per hectare of the farmland used in 2018. In particular, the Kernel agroholding, operating 540,000 hectares across Ukraine, tops the list with a total amount of $ 2.7 million invested in new...

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25 March 2019

Astarta to purchase an elevator

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Astarta, a vertically integrated agroholding operating 250,000 hectares of farmland in eight regions of Ukraine, will acquire the Ukrainian Resources’ grain storage company. The Antimonopoly Committee of Ukraine has issued permission to Astarta to acquire the Ukrainian Resources. The enterprise has its own grain elevator and is engaged in financial...

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25 March 2019

TASkombank increased credit line for KSG Agro

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Ukrainian TAScombank increased its credit line for KSG Agro, one of the country’s largest agroholdings, by $ 1.25 million up to $ 3.55 million. KSG Agro requested a credit line in the amount of $ 2.3 million from TAScombank in December 2018. However, to replenish the company’s working capital and finance the sowing campaign, additional $ 1.25...

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22 March 2019

Dnipro Agro Group takes up pig breeding

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Dnipro Agro Group, a Ukrainian grain and oilseeds producer, is considering the possibility of investing in a pig breeding farm with a total capacity of 1,300 heads. In 2018, Dnipro Agro Group expanded its farmland area by 7,000 hectares to 50,250 hectares. The company was able to increase grains production by 6,500 tonnes and oilseeds production by...

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22 March 2019

EkoNiva may start exporting dairy products to China

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EkoNiva, the largest Russian producer of raw milk, may start exporting dairy products to China later this year. The company is also considering shipping small batches of dairy products together with other companies, such as Molvest, Komos Group and others. So far EkoNiva operates 500,000 hectares of farmland in different regions of Russia. Last...

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