KSG Agro’s shares rose by 60.7% in 2025, allowing the company to enter the top three leaders in terms of market capitalization growth among Ukrainian agricultural companies. This was reported by the holding’s press service, citing data from the investment company Eavex Capital.
According to the report, KSG Agro’s share growth in 2025 significantly exceeded the average market dynamics. The agricultural holdings Kernel and IMC also entered the TOP 3 leaders in this indicator.
The growth in capitalization occurred against the backdrop of an improvement in the company’s operating performance. In particular, in the first half of 2025, the holding’s revenue increased by 20.2%. In the pig farming segment, based on the results of January-September 2025, revenue from the sale of live pigs increased by 48.3%, and operating profit for this period increased by more than 37%.
“The growth in revenue and operating performance in 2025 demonstrates that our vertical integration strategy and pig herd renewal program are working effectively even in extraordinary wartime conditions,” said Sergey Kasyanov, Chairman of the Board of Directors of KSG Agro.
The vertically integrated holding company KSG Agro is engaged in pig farming, as well as the production, storage, processing, and sale of grain and oilseeds. Its land bank in the Dnipropetrovsk and Kherson regions is about 21,000 hectares.
According to KSG Agro, it is one of the top five pork producers in Ukraine. In 2023, the agricultural holding began implementing a “network-centric” strategy, under which it will transition from developing a large location to a number of smaller pig farms located in different regions of the country.
In January-September 2025, KSG Agro received $5.96 million in operating profit and $6.92 million in gross profit, which is 68% and 31% more than in the same period of 2024.
Agricultural LLC (STOV) “Ratnivsky Agrarian” (Ratne, Volyn region) intends to obtain a permit for pollutant emissions for a reconstructed livestock complex in the village of Yakushiv (Kovel district), according to the website of the Ministry of Economy, Environment, and Agriculture.
According to the official announcement, the project provides for the loose housing of cattle on deep litter in four cowsheds. Each of them is designed for 1,000 head, which will provide a total capacity of 4,000 head at a time.
It is expected that the complex will house 1,525 cows, 1,670 calves of various age groups, and 805 other cattle and bulls. During the warm season, the animals will be kept on pastures. The total time spent in the cowsheds will be no more than five months per year. Heat will be supplied to the cowsheds by a wood-fired boiler (200 kW). In addition, to ensure a reliable power supply, the complex is equipped with four diesel generators, each with a capacity of 50 kW.
The project has already undergone an environmental impact assessment (EIA), following which the Volyn Regional State Administration’s Department of Ecology and Natural Resources issued a positive conclusion at the end of December 2025. Since the capacity of the complex exceeds the threshold of 1,000 places for cattle, the facility falls under the second category of activities that may have a significant impact on the environment.
At the same time, calculations confirmed that there were no exceedances of the maximum permissible concentrations of pollutants, so no measures to forcibly reduce emissions are planned.
Ratnivsky Agrarian LLC was registered in 2011. It specializes in cattle breeding and fattening of breeding breeds using modern technologies.
According to data from the Opendatabot service, at the end of 2024, the company received income of UAH 259.1 million, net profit of UAH 17.53 million, has debt obligations of UAH 126.16 million, and assets are estimated at UAH 1.04 billion. According to the results of the first three quarters of 2025, its activities are characterized by further growth in assets: UAH 204.98 million in revenue, UAH 40.56 million in net profit, UAH 222.95 million in debt obligations, and assets increased to UAH 1.27 billion.
The authorized capital of STOV “Ratnivsky Agrarian” is UAH 48.144 million, and the ultimate beneficiary is Vita Shevchuk.
According to the Law “On Air Protection,” facilities are divided into three groups: the first includes enterprises that are required to implement the best available technologies (permission is issued by the Ministry of Economy); the second includes facilities on state registration, regulated at the OVA level; the third group includes entities with minimal impact. The EIA procedure is mandatory for livestock complexes with more than 1,000 head of cattle.
Agroholding “Agrain” has expanded the capabilities of the “Service Grain” elevator complex (Odesa region) for faster reception, storage, and shipment of grain, bringing the elevator’s capacity to 100,000 tons, the agroholding’s press service reported on Facebook.
According to the report, a 200-meter railway branch line has been laid to the elevator complex, allowing up to 30 cars to be shipped per day.
In addition, the grain reception system has been optimized: there are three nodes for unloading motor vehicles, including heavy-duty vehicles (up to 20 m), thanks to which the elevator is capable of receiving up to 1,700 tons of grain per day.
Storage capacity has been increased to 100,000 tons, for which KMZ Industries equipment has been purchased to provide aeration, cleaning, and quality control of the grain.
“Now it is possible to receive and ship both large and small batches of grain at the same time in the shortest possible time,” said specialists from the agricultural holding’s elevator complex.
Agrain is engaged in the cultivation and storage of grain and oilseeds, as well as livestock farming. Before the full-scale Russian invasion, the agricultural holding consisted of 11 agricultural enterprises. It cultivated about 110,000 hectares in the Zhytomyr, Kharkiv, Chernihiv, Odesa, and Cherkasy regions.
The owner of the holding is SAS Investcompagnie (France).
Agroholding Continental Farmers Group has started harvesting potatoes in the Ternopil and Lviv regions, where 2,100 hectares are allocated for cultivation, according to the agroholding’s press service.
“Harvesting is already underway in both regions where the company grows crops: in Lviv region, they started with chip potatoes, and in Ternopil region, with early seed varieties. In addition, Continental will also harvest food varieties. In total, the company will harvest tubers from an area of 2.1 thousand hectares this season,” the agricultural holding said, adding that potato harvesting will continue until the end of October.
Continental also said that in 2025, it purchased new machinery and equipment for potato production worth more than EUR 1.85 million. This includes Ukraine’s first self-propelled four-row third-generation potato harvester with a capacity of 460 hp, a trailer-transloader, a receiving hopper, an optical sorter, a potato picker, and equipment for calibrating and storing products.
As reported, Continental allocated 2,130 hectares for potatoes in the 2025 season, of which 60% are chip varieties, 24% are table varieties, and 16% are seed plots. The agricultural holding explained the 13% increase in the area under this crop compared to last year by the growth in demand for table potatoes and additional demand for the production of chip potatoes.
The Mriya agricultural holding and CFG, united under the name Continental Farmers Group, have been operating as a single business since November 2018, when Mriya signed an agreement with international investor Salic UK to sell its assets.
Salic was founded in 2012. Its sole shareholder is the Saudi Arabian Public Investment Fund, which invests in agricultural and livestock production.
State-owned PrivatBank (Kyiv) will increase to UAH 360 million the financing of the Viliya group of agrarian enterprises to expand production, increase exports, increase the fleet of agricultural machinery and equipment, PrivatBank’s press service said on Thursday.
“The bank has decided to increase the volume of lending to the largest agribusiness in Volyn – the group of companies “Vilia”, which according to Forbes rating this year entered the TOP-20 of the most effective agro-companies in the country. The increase in the volume of financing by the bank up to UAH 360 million will allow the company in 2024 to ensure the acquisition of fixed assets to expand production and export capacity of agricultural products in the region, increase the fleet of agricultural machinery and equipment”, – said a member of the Board of Directors Yevgeniy Zagraev.
According to his information, PrivatBank since the beginning of the war has identified the financing of agro-production as a top priority and has become one of the leaders in terms of lending to agrarians.
“We continue to support agribusiness and today we expand investments in leading modern agribusinesses, such as the enterprises of SC “Vilia”, striking the dynamics of development and modernization of business,” – said Zagraev.
According to PrivatBank, since the beginning of the war SC “Vilia” has increased investments in the construction of a grain terminal, increased the volume of products processing due to the launch of a flour milling complex. During 2024, the company plans to invest more than UAH 1.5 billion in modernization of production and export capacities.
In addition, during the two years of the war “Vilia” increased the fleet of grain trucks by 25%, and the volume of grain storage in elevators – by 20%. In 2025, the agroholding plans to resume the construction of a dairy farm and is considering a project to create the latest pig farms.
The group of companies “Vilia” unites a number of enterprises of Volyn and Rivne regions, which cultivate 42 thousand hectares of land, specialize in crop production, storage of grain, oilseed and legume crops, grain trading, flour and granulated flour production, animal husbandry. Its parent company Volyn-Zerno-Product LLC began operations in 2001. Vilia Group of Companies includes seven elevators in Volyn and Rivne regions, Lutsk Feed Mill LLC, Mlynivsky Feed Mill LLC, a seed factory, a number of warehouses, and its own railroad line. The beneficiary of the company is Yevhen Dudka.
According to the National Bank of Ukraine, as of September 1, 2023, PrivatBank ranked first in terms of assets (UAH 782.31 billion) among 64 banks operating in the country and second in terms of the number of branches in the country (1131).
Astarta Agroholding cut its net profit by 5.0% to EUR61.9m in 2023, while its EBITDA fell by 6.1% to EUR145.77m, the company said in its annual report on Wednesday evening.
“EBITDA margin decreased by 7 percentage points (p. p.) year-on-year to 23%, reflecting lower crop prices, higher selling expenses and a change in the basis of supply in the sale of crops,” the document said.
According to it, Astarta’s revenue last year increased by 21.3% to EUR618.93m, gross profit by 7.8% to EUR223.59m, while operating profit decreased by 12.2% to EUR95.78m.
It is specified that the Agriculture segment contributed 39% of consolidated revenue or EUR240 million in 2023 (+33% y-o-y), while the Livestock segment contributed 7% of total revenue or EUR43 million in 2023 (+10% y-o-y).
Sales of the Sugar Production segment grew by 28% y-o-y to EUR199m and accounted for 32% of total revenue in the period under review, while the Soy Processing segment contributed 20% of Astarta’s revenue or EUR122m, unchanged y-o-y.
According to the report, export sales accounted for about 53% of consolidated revenue or EUR325m last year.
The lower gross profit growth is due to the lower effect of the revaluation of the fair value of biological assets in the cost of revenue (EUR60 mln in 2023 vs. EUR73 mln in 2022), reflecting cheaper commodities and changes in exchange rates.
It is indicated that in UAH terms, Astarta increased net profit by 11.9% to UAH2bn 452.81m in 2023 on revenue growth of 39.3% to UAH24bn 446.26m.
According to the report, cash flow from operating activities amounted to EUR91m vs. EUR39m in 2022 due to lower working capital outflows, while cash flow from investment activities increased 2.6 times to EUR40m, with the largest investments in soybean processing and sugar production.
Net financial debt (net of lease liabilities) declined by 10% last year to EUR39m, while net debt increased slightly by 3% to EUR156m due to higher lease liabilities of EUR118m vs. EUR109m in 2022.
As reported, Astarta reported EUR65.16m net profit in 2022, down 46.8% from 2021. The holding’s EBITDA decreased by 23.2% to EUR154.77m in the year before last, while revenue increased by 3.8% to EUR510.07m.
In 9M 2023, net profit decreased by 9.8% to EUR55.97 mln, while revenue grew by 14.8% to EUR392.00 mln. EBITDA decreased by 10.8% to EUR116.63 mln.
In UAH terms, Astarta increased its net profit by 6.9% to UAH 2 bln 219.11 mln in the first 9 months of last year, while revenue grew by 37.7% to UAH 15 bln 513.56 mln.
