Business news from Ukraine

Business news from Ukraine

“Astarta” Has Begun Harvest in Poltava Oblast

9 July , 2026  

The Astarta agricultural holding has begun the harvest at its farms in Poltava Oblast and plans to harvest winter wheat from 38,000 hectares and winter rapeseed from 14,000 hectares, the company’s press service reported.

“Despite a delayed start to spring fieldwork due to unfavorable weather conditions, the harvest of early-maturing grains began at the optimal time,” the press service quoted Andriy Zagorulko, director of the holding’s Department of Crop Production, Logistics, and Mechanization, as saying.

He noted that production teams had completed all necessary preparatory work, and that the key priorities during the harvest remain harvest quality, minimizing losses, worker safety, and seamless coordination among all involved teams.

In the third ten-day period of July, enterprises in the Western region will join the harvest campaign.

“Astarta” is a vertically integrated agro-industrial holding operating in seven regions of Ukraine and is the country’s largest sugar producer. The company’s portfolio includes five sugar refineries, agricultural enterprises with a land bank of 214,000 hectares (including 129,000 hectares in Poltava Oblast, 42,000 hectares in Khmelnytskyi Oblast, and 16,000 hectares in Vinnytsia Oblast), and dairy farms with 30,000 head of cattle. The holding company also operates a soybean processing plant and a bioenergy complex in the Poltava region, as well as a network of six grain elevators. Astarta’s shares are listed on the Warsaw Stock Exchange.

Astarta’s net profit for 2025 fell 4.2-fold to $19.94 million, while consolidated revenue declined by 23% to $472 million.

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