Business news from Ukraine

Business news from Ukraine

KSG Agro will renew its pig population by more than 3.5 thousand sows in 2025

18 February , 2025  

In 2025, KSG Agro will renew the pig population at its pig farm in Dnipro region by more than 3.5 thousand sows, with total investments in pig rejuvenation exceeding EUR1 million, the company’s press service reports.

“Rejuvenation of the pig population by replenishing sows is very important for us, as it allows us to significantly improve the quality characteristics of the herd. As a result, we will get better piglet health and improved taste characteristics of pork. In general, we expect to increase the efficiency of pig production by 15%,” explained Sergiy Kasyanov, Chairman of the Board of Directors of KSG Agro.

The process of reviewing proposals from international producers of various purebred pig genetics is currently underway, from which the most optimal parameters for the holding’s herd will be selected.

KSG Agro added that the total number of pigs in the holding is currently more than 60 thousand.

The vertically integrated KSG Agro holding is engaged in pig production, as well as the production, storage, processing, and sale of grains and oilseeds. Its land bank in Dnipropetrovska and Khersonska oblasts is about 21 thousand hectares.

According to the agricultural holding, it is one of the top 5 pork producers in Ukraine. In 2023, it launched a “network-centric” strategy, which will move from developing a large location to a number of smaller pig farms located in different regions of Ukraine.

In January-September 2023, KSG Agro received $1,336 million in net profit, which is almost 14 times more than in the same period in 2022. Its EBITDA for the three quarters of this year increased by 67% to $4.5 million, and its profit from sales increased by 16% to $11.9 million.

In January-March 2024, KSG Agro agricultural holding reduced its net profit by 37% to $0.96 million, while revenue decreased by 2% to $5.02 million. Its EBITDA decreased by 2% to $1.83 million.

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