Business news from Ukraine

Cygnet produced over 32 thousand tons of sugar

3 January , 2024  

In 2023, the sugar plant of Cygnet Group in the village of Andrushky, Zhytomyr region, operated until December 22, a record period for the 160-year-old plant, and produced more than 32 thousand tons of sugar, the company reported in a video on Youtube.

According to the report, in 2023, the Cygnet group of companies sowed more than 4 thousand hectares of sugar beet. During the sugar production season, Cygnet processed more than 22 thousand tons of sugar beet. In addition, the company has changed the packaging for its products – now sugar is packed not only in 50 kg bags, but also in 1-ton big bags.

Cygnet cultivates about 29 thousand hectares in Zhytomyr and Vinnytsia regions, where it grows corn, soybeans, winter wheat, and sugar beets. The company’s assets include an elevator with a one-time storage capacity of 60 thousand tons and a sugar plant with a processing capacity of up to 2.8 thousand tons of beets per day (both in Zhytomyr region).

The company also has a dairy business (605 cows), which sells its products to local processors.

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