Business news from Ukraine

Business news from Ukraine

“Astarta” is considering acquisition of two more agricultural enterprises

21 March , 2026  

Astarta Agricultural Holding, Ukraine’s largest sugar producer, is considering the acquisition of two Ukrainian agricultural enterprises: ‘Vozrozhdenie’ LLC and “Orion Moloko” LLC (both located in the Lubenskyi District, Poltava Oblast), according to a company announcement on the Warsaw Stock Exchange on Friday.
“Such an acquisition, if completed, would give Astarta decisive influence over the assets of these enterprises (primarily lease rights to arable land located near Astarta’s main operating assets in Poltava Oblast),” the agricultural holding noted.
It clarified that its subsidiary Ancor Investments Limited (Nicosia, Cyprus) has already received approval from the Antimonopoly Committee of Ukraine for the acquisition of the enterprises, but this submission to the AMCU was a procedural step allowing the parties to continue assessing the feasibility of the transaction.
“As of the date of this report, the final transaction has not been concluded. The company will provide further information in accordance with its disclosure obligations,” the statement reads.
According to the Unified State Register of Legal Entities and Individual Entrepreneurs, both Poltava-based enterprises specialize in the cultivation of grains, legumes, and oilseed crops, as well as in dairy farming. Prior to the conclusion of the agreement, the ultimate beneficial owner of the companies was Marina Sigal (Israel), co-owner of the Agromars holding (Gavrilovskie Tsyplyata brand) and the Freedom Farm group.
According to data from the Opendatabot service, Orion Moloko LLC (Shompelevka village, Lubenskyi District, Poltava Oblast) was founded in 2008. The company’s revenue increased by 29.5% compared to 2024—to 196.95 million UAH, assets decreased by 26.2%—to 193.39 million UAH, and net profit amounted to 61.99 million UAH. The number of employees at the end of the year was 79.
LLC “Enterprise ”Vozrozhdenie” (Petrakievka village, Lubenskyi District, Poltava Oblast) was founded in 2007. The company’s revenue in 2025 decreased by 27.0% to UAH 83.14 million, assets by 34.4% to UAH 64.53 million, and net profit amounted to UAH 11.15 million. The company employs 62 people.