The IMK agricultural holding will not launch any new investment projects in 2026, but will allocate approximately $25 million to equipment upgrades, according to Alex Lissitsa, advisor to the holding’s board of directors.
“We will invest up to $25 million next year, primarily in equipment, but also in our other projects,” he said at the Forbes Agro 2025 conference in Kyiv on Friday.
IMK is an integrated group of companies operating in the Sumy, Poltava, and Chernihiv regions (northern and central Ukraine) in the crop production, elevators, and warehouses segments. Its land bank covers 116,000 hectares, and its storage capacity is 554,000 tons for the 2024 harvest of 864,000 tons.
IMK ended 2024 with a net profit of $54.54 million, compared to a net loss of $21.03 million in 2023. Revenue grew by 52% to $211.29 million, gross profit quadrupled to $109.10 million, and normalized EBITDA increased 25-fold to $86.11 million.
