Business news from Ukraine

Business news from Ukraine

Dnipro Agro Group acquires controlling stake in Kyiv Feed Mill

16 March , 2024  

The Antimonopoly Committee of Ukraine (AMCU) has allowed Dnipro Agro Alliance LTD (Nicosia, Cyprus) to acquire a stake in the authorized capital of Kyivkombikorm Plant LLC.

According to the company’s Facebook post, this will provide Dnipro Agro Alliance LTD with more than 50% of the votes in the supreme governing body of Kyivkombikorm Plant.

Dnipro Agro Group is a vertically integrated group of companies focused on the production, storage and sale of grains and oilseeds. The agricultural holding cultivates 50.25 thousand hectares in Dnipro and Zaporizhzhia regions.

The group’s structure includes agricultural divisions of Vidrodzhennia LLC, Kamianske Agro LLC, Dniproagroalliance LLC, Agrofirma Vostok Agro LLC, and Peremoha LLC, which specialize in crop production. SC Dniprovsky LLC specializes in pig breeding and has a pig farm with 1.3 thousand heads.

The first company of the group, Dniproagroalliance, was founded in 2006 in the Dnipro region and specializes in crop production. The company employs about 1,000 people.

“DniproAgroGroup produces flour, bakery and confectionery products. The group includes Dnipro Bakery No. 5 with a capacity of 50 tons per day.

The total storage capacity of DniproAgroGroup’s grains and oilseeds is about 124 thousand tons.

Grain and oilseeds storage services are provided by Fisakivskyi and Bozhedarivskyi elevators, as well as Sinelnykove-Agro LLC (Zaporizhzhia and Dnipro regions).

According to the YouControl analytical system, the beneficiaries of the Dnipro Agro Alliance group of companies and co-founders of Dnipro Agro Group are Vasyl and Yevhen Astionov and Mykhailo Koshliak.

Kyiv Feed Mill LLC was registered in 2018 and is located in Brovary district of Kyiv region. The authorized capital is UAH 10,000.00. Previously, its beneficiaries were KyivAgro Poultry Farm LLC and Kyiv Poultry Farm Trading House LLC.

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