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.
The agro-industrial holding Astarta is considering the sale of its agricultural enterprise, Chernihiv Eco Plus LLC, which cultivates approximately 4,000 hectares of land and has associated production infrastructure; the buyer is Ridne Group of Companies LLC, a company affiliated with the Ridne consortium “Ridne Group of Companies” LLC.
According to Astarta’s announcement on the Warsaw Stock Exchange, the decision to sell is in line with the company’s strategy to review its agricultural portfolio and is aimed at optimizing its land bank by focusing on regions with higher agronomic efficiency and yield potential.
On July 2, the potential buyer already received approval from the Antimonopoly Committee of Ukraine to acquire control over the asset.
At the same time, Astarta noted that obtaining such approval was a procedural step that allows the parties to continue assessing the feasibility of the deal. As of the end of last week, a final agreement on the sale of the asset had not been concluded.
“Astarta” is a vertically integrated agro-industrial holding company 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 decreased by 23% to $472 million.
The co-owners of “Ridne Group of Companies,” on an equal footing, are Oleksiy Khvorostiany and Serhiy Kovalchuk, the CEO and COO of the “Ridne” consortium, respectively.
According to information on its website, the “Ridne” consortium was established in 2022 following the start of the Russian invasion; it brings together 80 farms and 11 Ukrainian food producers: cereals, flour, canned meat, vegetables, and fish, pasta, sunflower oil, and dairy products, and also operates its own packaging center.
The consortium members listed include Ridne Food Factories LLC (Ivanki, Cherkasy Oblast), Grocery Products Factory LLC (TM “Zhmenka,” Skvyra, Kyiv Oblast), Central Fish LLC (Cherkasy), KLM Group LLC (Kyiv), Agroproduct LLC (Znam’yanka, Kirovohrad Oblast), “Conservatory” Canning Plant LLC (Kolomyia, Ivano-Frankivsk Oblast), the Bila Tserkva Agro-Industrial Group (Bila Tserkva, Poltava Oblast), “Fabrika Zdorovo” LLC (Chernihiv), “Azot Agro” JSC (Cherkasy), and “Nadiya” LLC (Zlatopil, Kharkiv Oblast).
AGRICULTURAL HOLDING, AMCU, asset, ASTARTA, Chernihiv Eco Plus, LAND BANK, Ridne
The agricultural holding KSG Agro has begun harvesting winter barley, winter wheat, and spring barley across a total area of 4,960 hectares.
According to the company’s press service in response to a request from Interfax-Ukraine, winter wheat will be harvested from 3,700 hectares, winter barley from 562 hectares, and spring barley from 698 hectares.
“This year’s weather conditions have allowed the entire grain crop to reach maturity and be ready for harvest almost simultaneously. In particular, the moisture content of the wheat grain is 13–16%, which is the optimal level for starting the harvest. While we previously planned to harvest crops in stages, under current weather conditions we are conducting an intensive and time-compressed harvest campaign that will last about 10–12 days,” the press service quoted Vitaliy Nekhay, head of KSG Agro’s crop production division, as saying.
The report notes that nine combine harvesters and 25 trucks for transporting grain are being used to harvest winter barley and winter wheat.
“The holding expects slightly higher yield figures than previously forecast. In this regard, the farms are paying special attention to minimizing losses during harvesting to prevent the grain from drying out and to ensure an optimal gross harvest,” the statement said, citing the head of the crop production division.
As previously reported, the agricultural holding KSG Agro intends to invest over 25 million UAH in creating an autonomous water supply system for one of its pig farms and plans to fully supply it with water from its own sources by the end of 2026.
KSG Agro is a vertically integrated holding company engaged in pig farming, as well as the production, storage, processing, and sale of grains and oilseeds. The company’s land bank in the Dnipropetrovsk and Kherson regions totals approximately 21,000 hectares. The agricultural holding is among the top five largest pork producers in Ukraine.
Serhiy Kasyanov remains the ultimate beneficiary of the holding company; through Olbis Investment LTD SA, he owns 47.83% of the shares, while 47.57% of the shares are freely traded on the Warsaw Stock Exchange.
The agricultural holding “Continental Farmers Group” (CFG) has begun harvesting early grain crops and rapeseed on an area of over 70,000 hectares, the company’s press service reported on Thursday.
According to the report, winter wheat will be harvested from 35,300 hectares, winter rapeseed from 26,500 hectares, and winter barley from 8,500 hectares.
“We are starting with the harvest of winter barley in our southern divisions and, with a few days’ interval, will gradually cover all of the company’s clusters. Next, the combines will move on to winter rapeseed and wheat,” the press service quoted Konstantin Shityuk, Chief Operating Officer of Continental Farmers Group, as saying.
The company is deploying 745 units of its own and leased equipment for the harvest. Specifically, this includes 95 combine harvesters, 66 of which are company-owned, including modern combines purchased recently.
The grain harvest will be transported by 650 trucks. Transloading equipment will also be in operation; it has been specially retrofitted with new technical systems for cargo weight control ahead of the harvest.
“The climatic conditions of the current season have stimulated the early ripening of winter crops. According to weather forecasts, the first weeks of the harvest will be marked by dry and hot weather, creating conditions for prompt and uninterrupted harvesting without the risk of rain-related downtime,” the press service reported.
The company also reported that it had secured the necessary fuel reserves well in advance to carry out the harvest in full. Meanwhile, the decline in fuel prices in June is helping to reduce operating costs during the harvest campaign.
As previously reported, the agricultural holding “Continental Farmers Group” (CFG) has joined the global structure of the international agri-food company Olam Agri as a separate business unit.
“Continental Farmers Group” was established in November 2018 as a result of the merger between the ‘Mriya’ agricultural holding and CFG, following “Mriya’s” agreement with the international investor Salic UK regarding the sale of assets.
Continental Farmers Group operates in the Ternopil, Lviv, Ivano-Frankivsk, Khmelnytskyi, and Chernivtsi regions, grows grain and oilseed crops, engages in primary and secondary potato processing, and employs approximately 2,600 people.
KSG Agro is investing over 25 million hryvnia in the creation of an autonomous water supply system for one of its pig farms and plans to fully supply it with water from its own sources by the end of 2026, the company’s press service reported on Wednesday.
“We are investing in capital solutions that allow us to minimize any dependence on external circumstances and ensure the uninterrupted operation of our production facilities. The autonomous water supply system will serve as a powerful safeguard against infrastructure risks and, at the same time, lay a solid foundation for reducing operating costs in the long term,” the press service quoted Serhiy Kasyanov, Chairman of the Board of Directors of KSG Agro, as saying.
According to the report, the project involves the reconstruction and modernization of Pumping Station No. 10, which will draw water from the “Dnipro–Kryvyi Rih” canal, as well as the upgrading of pipelines, the installation of new pumping equipment, automated metering systems, and digital water distribution management tools.
As noted in the press release, the project is based on the creation of the “Niva” water users’ organization, which brings together 189 landowners and land users in the region. In accordance with current Ukrainian legislation, the water users’ organization operates as a nonprofit and coordinates the provision of water supply services for the production and land reclamation needs of its members. The land reclamation network, which is being transferred to the organization’s management, covers 1,052 hectares and is one of the three largest irrigation systems in the Dnipropetrovsk region.
KSG Agro noted that the pig farm consumes approximately 20,000 cubic meters of water per month, and the implementation of the project is expected to reduce dependence on external infrastructure amid military risks, minimize water losses, and optimize operating costs.
The company estimates the payback period for the investment at three to four years.
KSG Agro is a vertically integrated holding company engaged in pig farming, as well as the production, storage, processing, and sale of grains and oilseeds. The company’s land bank in the Dnipropetrovsk and Kherson regions totals approximately 21,000 hectares. The agricultural holding ranks among the top five pork producers in Ukraine.
Serhiy Kasyanov remains the ultimate beneficiary of the holding company; through Olbis Investment LTD SA, he owns 47.83% of the shares, while 47.57% of the shares are freely traded on the Warsaw Stock Exchange.
AGRICULTURAL HOLDING, INVESTMENT, KSG AGRO, PIG FARM, WATER SUPPLY
State-owned Oschadbank increased the loan portfolio of the MHP group of companies by UAH 500 million by providing a blanket credit line to replenish working capital, the financial institution announced on Wednesday.
According to a press release from the bank, taking into account the new financing, the total amount of funds provided to MHP under the general credit agreement exceeded UAH 2.66 billion.
“For companies demonstrating a high level of financial management, Oschadbank is ready to offer not only large credit lines but also flexible financing instruments without collateral,” said Serhiy Chernikov, director of the bank’s corporate business department.
It is noted that the new unsecured credit line will enable the company to finance its current operations, maintain production cycles, and fulfill its obligations to partners.
As reported, Oschadbank’s loan portfolio for the first quarter of 2026 increased by 2.5%, or by 3.14 billion UAH, to 130.59 billion UAH; specifically, loans to legal entities rose by 1.9% to 102.74 billion UAH.
According to the National Bank, as of April 1, 2026, the state-owned bank, with net assets of UAH 500.9 billion, ranked second among the country’s 58 banks.
MHP is the largest poultry producer in Ukraine and also produces grains, oil, and meat products. The agricultural holding’s production facilities are located in Ukraine and the countries of Southeast Europe.
