IMC Agro Holding started the 2025 spring sowing campaign on April 16 and plans to plant 64.8 thou hectares of corn and 24.9 thou hectares of sunflower, the company’s press service reports.
“Despite the rainy and cold start to spring, as well as frequent air raids, thanks to timely tillage operations in the fall of 2024, the company managed to start the current year’s sowing campaign on time,” said Bohdan Kryvitsky, Chief Operating Officer of IMC.
He expressed confidence that due to the quality upgrade of equipment, IMC will be able to meet the optimal deadlines.
“All inventories have been purchased and delivered, the machinery is in good working order, and all production personnel are ready to lay the foundation for the upcoming spring crops,” Mr. Krivitsky emphasized.
As reported, in the fall of 2024, IMC sowed winter wheat on an area of 20.7 thou hectares, which is about 17% of the company’s land bank.
IMC Agro Holding is an integrated group of companies operating in Sumy, Poltava and Chernihiv regions (north and center of Ukraine) in the crop production, elevators and warehouses segments. The company has a land bank of about 120 thousand hectares and storage capacities of 554 thousand tons, with a harvest of 1.002 million tons in 2023.
In January-September 2024, IMC increased its revenue to $140.8 million, up 43% compared to the same period in 2023. The increase in normalized EBITDA in January-September 2024, as well as the increase in net profit in the agricultural holding, was attributed to higher sales volumes and higher grain prices.
The municipal enterprise “Gorzelentrest” (Odessa) has announced its intention to conclude a contract with IC “VUSO” for the purchase of compulsory insurance of civil liability of owners of land vehicles (OSAGO). According to the message in the system of electronic public procurement “Prozorro”, the price offer of the company, the only participant of the tender, amounted to UAH 567,814 thousand at the expected cost of UAH 591,780 thousand.
IC “VUSO” was founded in 2001. It is a member of ITSBU and NASU, a participant of the agreement on direct settlement of losses and a member of the Nuclear Insurance Pool.
Agro-industrial group of companies Novaagro Ukraine (Kharkiv) has attracted UAH 350 million from Ukreximbank to support agricultural production, the company’s press service reported on Facebook.
“Novaagro Group of Companies continues to actively develop the agrarian direction thanks to the strategic partnership with Ukreximbank, which provided financing in the amount of UAH 350 million in the form of tranche credit lines and bill avalization limits to agricultural companies of the group,” the statement said.
The purpose of using the funds is to ensure the sowing and harvesting campaign, in particular on new areas in Kharkiv region, which became part of the group after the acquisition of assets of AgroGeneration in the fall of 2024.
Novaagro Ukraine added that the realized financing structure will allow the team to flexibly manage financial instruments in accordance with seasonal and production needs.
Novaagro Group of Companies has been operating in the Ukrainian and international markets since 2009. It consists of four operating companies specializing in trading, export of grain and oilseeds, cultivation, warehousing, production and sale of mixed fodder, wheat flour and granulated bran, chicken meat.
“Novaagro” has five elevators with a total capacity of one-time storage of more than 310 thousand tons, feed mill in Chkalovskoye (Kharkiv region), producing 200-300 tons of products per day.
According to the Unified State Register, the ultimate beneficiary of Novaagro Limited is Serhiy Polumisny.
As reported, in October, Novaagro completed the purchase of 56.9% of shares of AgroGeneration S.A., an agricultural holding company.
The Department of Enforcement of Decisions of the State Enforcement Service of the Ministry of Justice of Ukraine has put up for sale on OpenMarket a plant for the production of instant coffee and coffee products located in Chornomorsk, Odesa region.
The facility is being sold within the framework of enforcement proceedings.
The facility includes:
Address of the facility: 14A, Promyslova Street, Chornomorsk (formerly Illichivsk), Odesa region.
Starting price of the lot (№573261): UAH 78,484,341.
The auction is scheduled for May 12, 2025.
“We continue to provide opportunities for businesses to acquire unique industrial facilities. Our auction is not only a tool for debt repayment, but also an opportunity to give a second life to such assets,” said Roman Osadchuk, CEO of SE SETAM.
The OpenMarket auction (SE SETAM of the Ministry of Justice of Ukraine) is a simple and effective means of selling and purchasing property via the Internet. The online auction has been operating throughout Ukraine since 2014.
Age-sex pyramid of the population of Ukraine for 2024 (thousand people)
Tobacco manufacturer JTI Ukraine (Kremenchuk, Poltava region), a member of the Japan Tabacco Inc. group of companies, will pay dividends of UAH 276 million, according to a decision made by the general meeting on April 10.
“Dividends are to be paid in monthly installments within six months from the date of the decision. The method of payment of dividends is directly to the shareholder by transferring these funds by the company in US dollars to the shareholder’s cash account – JT International Holding B.V. (Netherlands),” the company reported in the information disclosure system of the National Securities and Stock Market Commission (NSSMC).
It is noted that the dividend payment period is set from April 26 to October 8 this year.
The amount of dividends in foreign currency to be paid will be determined at the commercial rate of the authorized bank on the date of purchase of foreign currency. In case of payment of dividends from own funds in foreign currency, the recalculation is carried out at the official exchange rate of the National Bank of Ukraine on the date of payment.
According to the YouControl system, JT International Ukraine increased its net profit by 8.0% to UAH 981.21 million in 2024, while its revenue increased by 17.0% to UAH 6 billion 748.22 million.
JT International Holding B.V. owns 100% of the company.