Business news from Ukraine

Grain Capital Group building elevator in Western Ukraine

Grain Capital Group of Companies has started the installation of technological equipment at a silo with a capacity of 21,500 tonnes, which it is now building on the territory of a feed mill in Ivano-Frankivsk region.
We are talking about installing a line for receiving, drying and storing grain, the company said on its Facebook page on Tuesday.
According to the agreement, in the near future the company will install transport and gravity equipment, a grain hopper with a cone bottom, a grain separator with an aspiration system, and silos with cone and flat bottoms.
As reported with reference to First Deputy Minister of Agrarian Policy and Food of Ukraine Taras Vysotsky, this season in Ukraine there may be a shortage of elevator capacities for storing 10-15 million tonnes of crops.
According to the KSE Institute, during the war, the Russian invaders damaged or completely destroyed 4 million tonnes of containers for storing agricultural products. Another part of the granaries are located in the temporarily occupied territories.
Grain Capital is a Ukrainian manufacturer and service provider in the field of storage and processing of grain, it includes Plant of Elevator Equipment and Grain Capital – Engineering. The Group operates in Eastern Europe with headquarters in Odesa.
It collaborates with a network of global partners such as Bonfanti, Westeel, Siemens, Moeller, Schneider Electric, Camozzі, Garden Denver, SEW Eurodrive, Motovario, SKF, etc.

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Nyva Bila LLC (Ternopil region) plans to invest $4.7 million in the construction of an elevator in Chortkiv (Ternopil region), according to the website of Chortkiv City Council.
According to the report, the capacity of the elevator will be 40,000 tonnes of grain. It is planned to build it in 2021–2022.
The structure of the elevator will also include a granary with equipment for drying and storing grain.
“Investors need a land plot with an approximate area of 8 hectares within the Chortkiv territorial community. The territory of the Chortkiv-West industrial park is one of the likely places which investors can enter,” the report said.
According to the unified state register of legal entities and individual entrepreneurs, the ultimate beneficiaries of Nyva Bila LLC are Karel Ole Van Der Vorm and Martinus Van Der Vorm, the founders indicate Southberg Holdings LLC (Kyiv).


The Danish agricultural company Agromino with assets in Ukraine, the Russian Federation and Estonia is buying Hutiansky Elevator LLC, which belongs to Kernel, one of the largest Ukrainian agricultural groups.
According to the information on the website of the Antimonopoly Committee of Ukraine, the agency will consider this issue on June 6.
According to the AMC, Kovyahy Grain LLC (Kharkiv region) wants to acquire an integrated property complex (elevator), which is owned by Hutiansky Elevator LLC.
According to the state register of legal entities and individual entrepreneurs, Kovyahy Grain is owned by Danish-based Agromino, and the owner of Hutiansky Elevator is Kernel-Capital, Kernel-Trade and AMC Progressive Investment Strategies, the ultimate beneficiary is Andriy Verevsky.
As reported, in May 2019 the AMC allowed Verevsky to buy an elevator of Mriya in Ternopil region.
Agromino (formerly Trigon Agri) was created in 2006. It specializes in grain and dairy production, trade in crops.

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Dnipro Agro Group in 2018 increased its land bank to 50,300 hectares (16% or 7,000 hectares more), according to the company’s website.
According to the company, Dnipro Agro Group also almost doubled the capacity of elevators, to 124,000 tonnes. In addition, the company launched a pig breeding project for 1,300 animals.
According to the report, in the 2018 marketing year Dnipro Agro Group collected 69.8 tonnes of grain and 76.1 tonnes of oilseeds.
Dnipro Agro Group is a vertically integrated group of companies whose core business is production, storage and sale of grains and oilseeds.

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Grain Alliance, a large agricultural producer in Ukraine, intends to increase its elevator capacity by 100,000 tonnes in the coming years, to 350,000 tonnes.
“In the coming years, we plan to add up to 100,000 tonnes to Grain Alliance’s capacities. But we will focus on the throughput capacity of the existing facilities. We plan to bring the average figure for the holding to 2.5 circulations at all elevator enterprises in the near future,” the company’s press service told Interfax-Ukraine.
The company clarified that in 2018 Grain Alliance increased its land bank by 3,000 hectares.
“Our company does not aim to build up the land bank at any cost. We understand well that land is not a goal, but the means of achieving a goal. Accordingly, we are not ready to overpay for land and infrastructure. However, the company is gradually raising its land bank, in particular, due to growth in villages where the holding is doing business,” the press service noted.
Grain Alliance cultivates more than 50,000 hectares of agricultural land in Kyiv, Cherkasy, Poltava, Khmelnytsky, and Chernihiv regions.

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Vinn-Agro-Export LLC (Vinnytsia region) has begun the construction of an elevator with a capacity of 65,000 tonnes in the village Makharyntsi (Vinnytsia region). According to a report on the website of Vinnytsia Regional State Administration, in an hour the elevator will be able to accept up to 600 tonnes of grain and ship up to 300 tonnes. In addition, the company plans to build a railway track branch. In future, the elevator will ship up to 50 wagons a day.
The company also plans to build a laboratory to determine grain chemical and biological composition. The expected investment is $12 million.
Vinn-Agro-Export is engaged in wholesale of grain, untreated tobacco, seeds and animal feed. According to the unified state register of legal entities and individuals, Anatoliy Yarmolenko is the ultimate beneficiary of Vinn-Agro-Export.

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