Astarta, Ukraine’s largest sugar producer, has begun its 2026 spring planting campaign, starting with sugar beet sowing in the Poltava region, the company announced on its Facebook page on Wednesday.
According to the report, 32,000 hectares have been allocated for sugar beets this year, which is 5.9% less than last year’s 34,000 hectares. At the same time, the area planted with sunflowers will decrease by 21%—to 23,000 hectares—and the area planted with winter wheat will decrease by 15%—to 39,000 hectares. The largest increases are planned for grain corn—by 43%, to 20,000 hectares—and winter rapeseed—by 36%, to 15,000 hectares. Soybean acreage remains unchanged at 56,000 hectares, as does the area under organic farming at 2,000 hectares.
“This year’s planting season is taking place under challenging conditions: increased moisture caused by abnormal frosts and frozen soil requires special attention from agronomists. They are adapting cultivation technologies and carefully monitoring field operations to improve production efficiency. Operational control is ensured by innovative solutions from AgriChain Machinery, AgriChain Scout, and AgriChain Barn. Combined with an updated fleet of equipment, this allows for a rapid response to weather and technological challenges, ensuring the stability and quality of the planting campaign,” said Vasyl Khmeliuk, Chief Operating Officer of Astarta, as quoted in the statement.
The holding noted that the final crop structure will be determined based on the results of the campaign. The use of digital ecosystems and an updated fleet of machinery allows the company to maintain a high pace of work despite challenging weather conditions.
Astarta is a vertically integrated agro-industrial holding operating in eight regions of Ukraine. It comprises six sugar factories, agricultural enterprises with a land bank of 220,000 hectares and dairy farms with 22,000 head of cattle, an oil extraction plant in Hlobine (Poltava region), seven grain elevators, and a biogas complex.
According to the results for 2025, Astarta reduced its total revenue from sales of key product categories by 15.6% compared to 2024—to UAH 21.05 billion, while physical sales volumes of its main products fell by 23.5%—to 1.21 million tons.
Agricultural holding Astarta, Ukraine’s largest sugar producer, has purchased over 50 units of agricultural machinery and components with a total value of over $5.2 million for spring fieldwork, the holding announced on Facebook.
“Systematic investments in modern equipment allow us to optimize operational processes, reduce costs, and lessen the environmental impact, particularly by reducing our carbon footprint,” said Astarta’s Chief Operating Officer Vasyl Chmeliuk.
The list of purchased equipment includes heavy-duty and small tractors, planting complexes, precision seeders, and other equipment. The majority of the fleet has already been delivered to production sites. The modernization is aimed at implementing precision and regenerative farming practices, as well as optimizing soil cultivation processes.
Astarta clarified that the infrastructure upgrade is part of a long-term investment strategy. By the end of 2025, the holding’s total investments in modern equipment amounted to approximately $22 million.
Astarta is a vertically integrated agro-industrial holding operating in eight regions of Ukraine. It comprises six sugar factories, agricultural enterprises with a land bank of 220,000 hectares and dairy farms with 22,000 head of cattle, an oil extraction plant in Hlobine (Poltava region), seven grain elevators, and a biogas complex.
According to the results for 2025, Astarta reduced its total revenue from sales of key product categories by 15.6% compared to 2024—to UAH 21.05 billion—while physical sales volumes of its main products fell by 23.5%—to 1.21 million tons.
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.
Astarta, Ukraine’s largest sugar producer, supplied over 870,000 tons of agricultural products to foreign markets in 2025, the company reported on its website.
According to the report, exports of soybean products (oil and meal) increased by 15% compared to 2024. The main markets in this segment were Hungary, Poland, Romania, and Austria. In addition, the company exported sugar to 25 countries, mainly to the MENA region (Middle East and North Africa) and Europe.
In 2025, wheat and corn were supplied to EU countries (Italy, the Netherlands, Spain), the United Kingdom, as well as Indonesia, Saudi Arabia, Turkey, and Vietnam.
“Global trade uncertainty requires new approaches. We continue to export and adapt our work through interaction within our partner ecosystem,” said Vyacheslav Chuk, Director of Commercial Operations and Strategic Marketing at Astarta.
Astarta is a vertically integrated agro-industrial holding operating in eight regions of Ukraine. It includes six sugar factories, agricultural enterprises with a land bank of 220,000 hectares and dairy farms with 22,000 head of cattle, an oil extraction plant in Hlobyn (Poltava region), seven elevators, and a biogas complex.
According to the results of 2025, Astarta reduced its total revenue from sales of key product categories by 15.6% compared to 2024, to UAH 21.05 billion, while physical sales volumes of its main products fell by 23.5%, to 1.21 million tons.
Astarta, Ukraine’s largest sugar producer, has purchased 10 light tractors worth approximately UAH 16 million for livestock farming, the company’s press service reported on Monday.
According to the report, the equipment will be used primarily in feeding, cleaning, and logistics processes at production sites to improve the regularity of processes and reduce the cost of milk production.
“We expect that the upgrade of equipment will improve operational discipline and ensure more predictable and stable production results,” said Yaroslav Kushnir, director of Astarta’s livestock department.
The agricultural holding company noted that, in total, Astarta allocated approximately $22 million in 2025 to upgrade its technical fleet in key production areas as part of a comprehensive program of modernization and transition to energy-efficient solutions.
Astarta is a vertically integrated agro-industrial holding operating in eight regions of Ukraine. It includes six sugar factories, agricultural enterprises with a land bank of 220,000 hectares and dairy farms with 22,000 head of cattle, an oil extraction plant in Hlobine (Poltava region), seven elevators, and a biogas complex.
According to the results of 2025, Astarta reduced its total revenue from sales of key product categories by 15.6% compared to 2024, to UAH 21.05 billion, while physical sales volumes of its main products fell by 23.5%, to 1.21 million tons.
Astarta, Ukraine’s largest sugar producer, reduced its sales volume by 27.4% in October-December 2025 compared to the same period in 2025, and its revenue by 19% due to a significant decline in wheat and sugar sales, which was not offset by revenue growth in the corn, sunflower, and soybean oil segments.
According to data published by the holding on the Warsaw Stock Exchange, in October-December 2025, the company sold a total of UAH 5.16 billion worth of its main products, compared to UAH 6.37 billion in the first half of 2024.
In particular, sugar sales in the fourth quarter of last year decreased by 20% in physical terms compared to the same period in 2024, to 85,265 thousand tons, while the average selling price decreased by 12%, to UAH 19,537 per ton.
Astarta’s wheat sales in the fourth quarter decreased by 81% to 29,683 thousand tons, and the average price decreased by 15% to UAH 8.58 thousand/ton.
Corn sales in the fourth quarter increased by 46% to 48,886 thousand tons amid a 1% decrease in price to UAH 9,328 per ton.
In addition, Astarta increased sales of sunflower seeds in October-December by 30% to 26,793 thousand tons, while the selling price rose by 18% to UAH 24.82 thousand/ton.
Rapeseed sales for the reporting period decreased by 2% to 17.74 thousand tons, while the cost of production increased by 11% to UAH 23.22 thousand/ton.
Soybean sales in the fourth quarter of 2025 decreased by 97% compared to the same period in 2024 to 23 tons, while the price of the product increased by 44% to UAH 39,126 per ton.
Sales of soybean oil in the fourth quarter increased by 20% to 15.619 thousand tons, and the price of the product also increased by 17% to UAH 48.083 thousand/ton. Sales of soybean meal increased by 42% to 60,875 thousand tons, while prices for it fell by 8% to UAH 15,716 per ton.
The agricultural holding’s milk sales in October-December 2025 increased by 10% to 31,017 thousand tons, while the price of the product decreased by 14% to UAH 19.25 thousand/ton.
Overall, Astarta showed mixed dynamics in October-December: a significant drop in sales of wheat (-81%) and sugar (-20%) was partially offset by an increase in sales of corn (+46%) and soybean products. Despite the overall decline in prices for grains and sugar, the soybean and oil segment showed growth in average sales prices (by 44% and 17%, respectively), which allowed the agricultural holding to balance its cash inflows.
Sales and average selling prices of Astarta’s key products in Q4 2025.
Data: Astarta
