Astarta, the largest sugar producer in Ukraine, has completed the autumn sowing campaign for the 2025 harvest, for which it has allocated 65 thousand hectares, the company’s press service reports on Facebook.
“According to operational data, the structure of winter crops is as follows: winter wheat – more than 46 thou hectares, winter rapeseed – more than 17 thou hectares, winter peas – 2 thou hectares,” the agroholding said.
At the same time, Astarta’s structural units continue the sugar beet harvesting campaign, the total area under which is 38 thousand hectares.
As reported earlier, the sugar production season in the agricultural holding started on August 24 at the plant in Vinnytsia region. At the end of August, two plants were launched in Poltava region, and in September – two more.
In 2023, the agricultural holding grew 39 thousand tons of sugar beet, up 20% from a year earlier, thanks to a record yield of 58 tons/ha, compared to 56 tons/ha in 2022, the company’s annual report said Wednesday evening.
According to the agricultural holding, the record high sugar beet harvest extended the processing period until the end of January 2024. In total, the sugar production campaign in 2023 lasted 130 days, compared to 111 days a year earlier.
“In the 2023-2024 marketing year, Astarta increased sugar production by 34% year-on-year to 377 thousand tons. At the same time, the volume of sugar beet processing in 2023 increased by 37% compared to the same period last year and reached 2.7 million tons. The market share remained unchanged at 21% in 2023.
In 2023, Astarta, the largest sugar producer in Ukraine, reduced its net profit by 5.0% to EUR 61.9 million, and its EBITDA decreased by 6.1% to EUR 145.77 million, while revenue increased by 21.3% to EUR 618.93 million.
