07 February 2019
Damate to export turkey meat and dairy products to China
News -Damate Group, a Russia-based agroholding, is to enter the Chinese market for turkey meat and dairy products. In particular, two subsidiaries of Damate Group, PenzaMolInvest enterprise and Penza Dairy Plant enterprise, were authorized by the China General Administration of Customs to supply turkey meat and dairy products to China. Damate intends to...
07 February 2019
AgroGeneration sold 28,500 hectares of land
News -AgroGeneration, an agroholding operating 110,000 hectares in five regions of Ukraine, sold the land lease rights for 28,500 hectares of its farmland area in the Zhytomyr and Ternopil regions of Ukraine, which accounts for 27% of the total farmland area of the company. The total value of the transaction reached € 19 million.
After the completion...
07 February 2019
AgroInvestGroup allegedly bankrupt
News -AgroInvestGroup, a Ukrainian agroholding operating 30,000 hectares of farmland and 20 elevators in the Odessa region, might be on the verge of bankruptcy. As reported by the company’s creditors, AgroInvestGroup piled up $ 70 million of debt and stopped repaying it. The company’s management dismissed the personnel while the owner of the company...
05 February 2019
Adrian Schairer, M. Sc., Head of Investor Relations at Ekosem-Agrar: EkoNiva is taking advantage of the window of opportunity
Opinion -Recent expansion of EkoNiva, a Russia-based daughter company of the German Ekosem-Agrar AG, made waves in both Russian and international mass media. In the last 1.5 years the company doubled their farmland to more than 485,000 hectares in operation. With this land area and 67,000 dairy cows on its farms throughout Russia, EkoNiva is one the...
05 February 2019
Grain Alliance to double its grain storage capacity
News -Grain Alliance, a Ukraine-based agroholding, plans to double its grain storage capacity in the nearest future. For now the company operates 53,000 hectares and four grain elevators with a total capacity of 162,000 tonnes. Grain Alliance’s business strategy aiming to extend its farmland area is the key driver behind increasing storage capacities.
05 February 2019
Kusto Agro to acquire two enterprises from AgroGeneration
News -Kusto Agro, an agroholding that operates 12,300 hectares of land in Ukraine, was authorized by the Antimonopoly Committee of Ukraine to acquire the Lishchynske agricultural enterprise and the Tereschenka Agrarian Fund enterprise from the AgroGeneration holding. Both enterprises produce cereals and industrial crops on the total farmland area of...
04 February 2019
Kernel to export kosher oil to Israel
News -Kernel, one of the largest Ukraine’s agroholdings and world’s plant oil manufacturers, reported to have produced a batch of bottled kosher sunflower oil at its Prikolotnyansky oil extraction plant. The oil was produced under the supervision of Rabbi Yakov, the Badatz Beit Yosef inspector, and received the Badatz Beit Yosef Kosher certificate for...
04 February 2019
Agro-Region: a success story of business recovery
News -Kateryna Rybachenko, CEO at Agro-Region, an agroholding operating 38,000 hectares of farmland in Central Ukraine, shared her successful experience of business relaunch with Truman.ua. The story started with the acquisition of Agro-Region by the Swedish investment fund East Capital in 2007. Having retained the old management, a year later the...
04 February 2019
MHP might receive €100 million from EBRD for the purchase of Perutnina Ptuj
News -MHP Agroholding, the leading vertically integrated producer of poultry meat in Ukraine, might receive a €100 million loan from the European Bank of Reconstruction and Development (EBRD) for the acquisition of the Slovenian meat producer Perutnina Ptuj. The purchase of Perutnina Ptuj will allow MHP to expand its activities in the European Union. The...
01 February 2019
Mriya: inside view on past troubles
News -Ton Huls, chief financial officer (CFO) at Mriya Farming, summarized three years of his tenure within a crisis management team at the controversial agroholding and revealed the details of Mriya’s restructuring to Landlord.ua.
After piling up $ 1 billion of debts and declaring the inability to pay them back, in February 2015 Mriya agroholding went...