Business news from Ukraine

“Agrotrade” paid UAH 150 mln of taxes and fees

29 February , 2024  

Agroholding “Agrotrade” in 2023 paid 150 million UAH of taxes and fees, of which 86 million UAH went to local budgets, reported the press service of the agroholding in Facebook.

“So far we can’t cultivate all our areas, as some of them are too close to the border and places of active hostilities – these lands suffer from constant shelling and bombing. Despite this, Agrotrade Group continues to fulfill its financial obligations to the state in a timely manner”, – said the general director of the agroholding Elena Vorona.

According to the report, the largest receipts in 2023 from the agroholding received the communities of Sumy region – 32.46 million UAH, budgets of Chernihiv and Kharkiv regions – 25.44 million UAH and 16.24 million UAH respectively, Poltava region – 11.79 million UAH. “Agrotrade” also paid more than UAH 20 mln of unified social contribution.

Realizing the importance of taxes for financing the urgent needs of Ukrainians, “Agrotrade” plans to increase deductions to the state and local budgets, summarized in the agricultural holding.

Group of companies “Agrotrade” – vertically integrated holding of the full agro-industrial cycle (production, processing, storage and trade of agricultural products). It cultivates more than 70 thousand hectares of land in Chernihiv, Sumy, Poltava and Kharkiv regions. Profile crops – sunflower, corn, winter wheat, soybean and rape. It has its own network of elevators with the capacity of one-time storage of 570 thousand tons.

The Group also produces corn and sunflower seed hybrids, barley and winter wheat. In 2014, a seed plant with a capacity of 20 thousand tons of seeds per year was built on the basis of the seed farm “Kolos” (Kharkiv region). In 2018, Agrotrade brought its own brand Agroseeds to the market.

Vsevolod Kozhemyako is the founder and CEO of Agrotrade.

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