The agricultural holding company Continental Farmers Group (CFG) has allocated $23.9 million to upgrade and modernize its fleet of machinery, the company’s press service reported.
“Continental is consistently implementing its investment plans, maintaining a focus on the systematic renewal, standardization, and modernization of its fleet. This approach enhances operational efficiency, cost predictability, and the technological resilience of the business,” emphasized Georg von Nolken, CEO of the agricultural holding.
According to the report, the agricultural holding’s fleet was expanded with 17 tractors of various power ratings, nine self-propelled sprayers, seven seeders, four cultivators, as well as trailer and warehouse equipment. In addition, the company purchased two grain harvesters and one potato harvester.
“Continental” has also expanded its logistics division and purchased 14 new tractor-trailers with semi-trailer dump trucks and five cargo trucks. The agricultural holding explained that this is another step toward creating a closed-loop logistics cycle “from field to elevator,” which will reduce dependence on external carriers.
All new equipment is integrated into the precision farming system. The units support automatic section control, operation based on task maps, and remote monitoring, which allows for the optimization of seed, fertilizer, and fuel costs.
Continental clarified that the purchased machines are already being used in the 2026 spring planting campaign.
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 the international investor Salic UK regarding the sale of assets.
Salic was founded in 2012. Its sole shareholder is the Saudi Arabian Public Investment Fund, which invests in agricultural and livestock production.
JSC “Ukrnafta” has purchased and commissioned modern equipment for well logging and formation fluid analysis, which will improve the accuracy of geological and engineering decisions and reduce data acquisition time, the company announced on Tuesday.
“Developing our own research base is a strategic component of the oil and gas company’s operations,” said Bohdan Kukura, chairman of the board of Ukrnafta.
According to him, previously some of the research was carried out by external contractors, which limited the speed of analysis, but now the company has its own analytical base, thanks to which it has improved the quality of field development planning and reduced the time required to make technical decisions.
“At the same time, we are building the capacity to provide research services to other subsoil users as a separate business line,” added Kukura.
Ukrnafta, in particular, has acquired its own PVT (Pressure-Volume-Temperature) unit—laboratory equipment for studying the physical properties of reservoir fluids (oil, gas, condensate) under high-pressure and high-temperature conditions. This makes it possible to analyze the characteristics of hydrocarbons directly under reservoir conditions.
In addition, downhole pressure gauges have been purchased and are being used to measure pressure at the wellbore and along the wellbore, echo-logging dynamographs to determine fluid levels, generate dynamograms, and analyze the performance of well equipment, mini-PLT—compact logging tools, as well as samplers for the sealed collection of deep samples of water, oil, gas, or oil-gas mixtures from a specified depth.
JSC “Ukrnafta” is Ukraine’s largest oil production company, carrying out a full cycle of activities in the production sector: exploration, oil and gas production, provision of oilfield services, as well as management of the largest network of gas stations in Ukraine, UKRNAFTA.
The company has over 1,106 oil wells and 131 gas wells on its balance sheet.
By the end of 2025, Ukrnafta became the leader in the extraction industry with a turnover of UAH 99.4 billion, as reflected in Opendatabot’s Index of Top Companies.
The UKRNAFTA network is the largest network of gas stations in Ukraine, comprising nearly 700 stations and ranking among the top three in terms of fuel sales volume. The UKRNAFTA brand consolidates networks that previously operated under the Glusco, Shell, and U.Go brands.
The shareholders of JSC “Ukrnafta” are NJSC “Naftogaz of Ukraine” and the Ministry of Defense of Ukraine. Since 2022, the company has been under state management and is undergoing a large-scale business transformation.
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.
Budshlyakhmash has begun construction of a new 3,000 sq. m production complex in Brovary (Kyiv region), which will be used to manufacture vehicle frames, allowing the company to increase the localization of municipal and special equipment it produces from the current 40-60% to 75%, according to Dmytro Kysilevsky, deputy chairman of the Verkhovna Rada Committee on Economic Development.
“The start of production of vehicle frames is scheduled for mid-2026,” he wrote on Facebook on Tuesday.
According to him, this indicator (40-60% localization) was achieved thanks to licensed SKD assembly of equipment based on Daewoo and JAC chassis with the right to use its own VIN code.
“The contract with these companies provides for permission to replace imported components with Ukrainian ones,” Kysilevsky said.
The MP noted that after the launch of frame production, Budshlyakhmach plans to establish the production of wheel axles, as well as order tires, fuel tanks, and plastic components from other Ukrainian manufacturers.
“Next spring, Budshlyakhmach plans to start developing a new production site on the outskirts of Brovary to create an industrial park with a machine-building cluster. Forty thousand square meters of industrial buildings will be built on an area of 11 hectares. The total investment in this project is about $40 million,” Kysilevsky said.
According to him, investment in new production facilities is stimulated by localization legislation. This year, it requires a mandatory Ukrainian component of at least 25% in public procurement of equipment, and in 2026, the minimum localization level will increase to 30%.
Budshlyakhmash manufactures dump trucks, garbage trucks, truck cranes, sand spreaders and watering machines, tow trucks, and other equipment. In 2025, production volumes will be about 70 units per month.
According to opendatabot, in 2024, the Spetsbudmash plant in Brovary, where Budshlyakhmash Group’s automotive equipment is manufactured, earned UAH 4.2 billion in revenue and UAH 298.5 million in net profit, and in the first nine months of this year, UAH 3.3 billion and UAH 265 million, respectively.
The ultimate beneficiaries are Myroslav and Oleksandr Guiwan.
The Budshlyakhmash group of companies is the official representative in Ukraine of domestic and foreign manufacturers of special, road, and municipal equipment (JAC, Scania, Renault, MAN, Pronar, Daewoo, and Spetsbudmash brands).
Last year, Budshlyakhmash Trading House LLC received UAH 2.18 billion in revenue and UAH 22.9 million in net profit, and in January-September 2025, UAH 138.7 million and UAH 1.9 million, respectively.
The ultimate beneficiary is Myroslav Guiwan.
Budshlyakhmash, EQUIPMENT, FACTORY, frame, Kysilevsky, PRODUCTION
Ukrzaliznytsia received a batch of equipment for track workers and power engineers as part of a three-year infrastructure modernization program, which will increase the speed, safety, and efficiency of railway infrastructure restoration and maintenance work, according to Minister of Community and Territorial Development Oleksiy Kuleba.
“For almost five years, no equipment for small-scale mechanization was purchased, but this summer we launched a centralized three-year program to upgrade the infrastructure. This has had an effect, both in terms of the quality of the equipment and the purchase price, and the production units are already seeing the first results,” Kuleba said.
According to him, track workers have already received more than a thousand units of small mechanization equipment—rail cutters, rail drilling machines, electric tampers, nut runners, brush cutters, and other equipment, mainly of Ukrainian production, in particular from Kharkiv and Dnipro. Twenty new hopper dispensers manufactured at UZ’s own facilities have also been delivered, with another 30 planned by the end of the year.
“UZ energy workers have received a new telescopic car lift, which will help to quickly restore high-voltage overhead lines after enemy shelling. Tractors have also been purchased to clear the right-of-way, which will improve the efficiency and safety of operations. All of this is Ukrainian-made. By the end of 2025, UZ will supply its divisions with more than 1,800 units of small mechanization equipment. In 2026-2028, it plans to purchase more than 9,500 additional units. This will form a renewed base for track maintenance across the entire network,” the minister said on Sunday.
The IMK agricultural holding will not launch any new investment projects in 2026, but will allocate approximately $25 million to equipment upgrades, according to Alex Lissitsa, advisor to the holding’s board of directors.
“We will invest up to $25 million next year, primarily in equipment, but also in our other projects,” he said at the Forbes Agro 2025 conference in Kyiv on Friday.
IMK is an integrated group of companies operating in the Sumy, Poltava, and Chernihiv regions (northern and central Ukraine) in the crop production, elevators, and warehouses segments. Its land bank covers 116,000 hectares, and its storage capacity is 554,000 tons for the 2024 harvest of 864,000 tons.
IMK ended 2024 with a net profit of $54.54 million, compared to a net loss of $21.03 million in 2023. Revenue grew by 52% to $211.29 million, gross profit quadrupled to $109.10 million, and normalized EBITDA increased 25-fold to $86.11 million.
