Business news from Ukraine

Business news from Ukraine

KSG Agro agricultural holding paid UAH 88.2 million in taxes and fees

Between January 1, 2024, and June 30, 2025, KSG Agro agricultural holding paid UAH 88.2 million in taxes and fees. This was reported by the company’s press service.

The farms that are part of KSG Agro paid a total of UAH 88.2 million in taxes and fees to budgets of various levels over a period of 1.5 years, from January 1, 2024, to June 30, 2025. During this period, tax revenues to the state budget of Ukraine amounted to UAH 56.4 million, to local budgets – UAH 5.5 million, and taxes related to employees – UAH 26.3 million.
The total amount of taxes paid included:

• contributions to the state budget of Ukraine – VAT and income tax,
• to local budgets – property tax, rent/use of property, local loans,
• taxes related to employees – personal income tax, military tax, and single social contribution.

“By ensuring the stable operation of our holding’s enterprises during the war, we are contributing to the country’s food security,” comments Serhiy Kasyanov, Chairman of the Board of Directors of KSG Agro. “We consider it very important, no matter how difficult it may be, to consistently and fully fulfill our tax obligations in a timely manner, ensuring revenue for budgets at all levels. In addition to paying taxes, we see our social mission in actively cooperating with military administrations in the Dnipropetrovsk region where we operate, with the aim of providing ongoing systematic assistance to the Armed Forces of Ukraine, as well as to regional medical institutions.”

 

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KSG Agro has launched new phase of its employment program for internally displaced persons at pig farm in Dnipropetrovsk region

KSG Agro has launched a new phase of its employment program for internally displaced persons at a pig farm in Dnipropetrovsk region, according to the company’s press service.
In early fall 2025, a new phase of the employment program for internally displaced persons (IDPs) from frontline and combat zones began at enterprises belonging to KSG Agro, primarily at a pig farm in Dnipropetrovsk region. In connection with the expansion of production and the creation of new jobs, the agricultural holding is stepping up its efforts to attract displaced persons. Previously, as part of the program during the full-scale war, 24 people had already found work at the pig farm. But now a systematic approach is being implemented, focused on the employment of those who were forced to leave their homes in the east of the country.
According to KSG Agro HR Director Iryna Paliyova, all IDP employees are provided with comfortable, modern company housing with all amenities at the pig farm, necessary work clothes, transportation to work, and free meals in the pig farm cafeteria during the workday.
If necessary, in parallel with their work, displaced employees receive free training tailored to their specific profession from the most experienced professionals at the pig farm. At the same time, the salaries of new employees hired under the program are higher than the market rate.
The KSG Agro IDP employment program is gradually gaining momentum and popularity among displaced persons, who are now finding employment at the pig farm with their entire families. For example, an entire family evacuated from Pokrovsk in Donetsk Oblast, a city on the front line that is now largely destroyed, depriving its residents of even basic utilities, was recently hired.
Currently, as part of its displaced persons employment program, KSG Agro is most interested in hiring pig farm operators, veterinarians, artificial insemination technicians, disinfectors, and technical service specialists (electricians, repair mechanics, drivers with experience in trucks, power operators for KGU, etc.).
The agricultural holding also invites specialists from the feed mill (technological equipment repair technicians, electricians, repair mechanics, raw material and feed stackers, etc.).
“The IDP employment program not only fully complies with our agricultural holding’s social responsibility strategy, which during wartime consists of ensuring the country’s food security and supporting Ukrainians, but also allows us to replenish our staff with professionals in shortage occupations,” comments Serhiy Kasyanov, Chairman of the Board of Directors of KSG Agro. “We already have positive experience in filling vacancies with the help of displaced persons, so I am confident that in the near future the number of IDPs employed by us will grow exponentially.”

 

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KSG Agro doubled its revenue from pig farming to $7.1 mln in first half of year

In January-June 2025, the KSG Agro agricultural holding doubled its revenue from the sale of pig farming products compared to the same period last year, to $7.1 million, according to the agricultural holding’s press service.

“The increase in revenue from the sale of pig products was made possible by our focus on a vertical integration strategy, which we began to implement long before the full-scale war. During wartime, a vertically integrated business is more resilient because we can effectively diversify risks. We grow grain crops, process them into mixed feed at our own plant, and fatten pigs. All of the pork produced goes to the domestic market, thus ensuring Ukraine’s food security during the war,” said Serhiy Kasyanov, Chairman of the Board of Directors of KSG Agro.

As reported, in 2025, KSG Agro implemented a program to rejuvenate the livestock at its own pig farm. In June-July of this year, the herd was replenished with 500 purebred breeding sows from Danish Pig Genetics from the supplier Breeders of Denmark A/S (Denmark). As a result, KSG Agro will renew its pig herd this year with 4,000 of the most stable, highly productive F-1 hybrid sows.

The vertically integrated holding KSG Agro is engaged in pig breeding, 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 Ukraine.

 

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KSG Agro increased revenue by 20.2% and operating profit by 37.5%

In January-June 2025, the KSG Agro agricultural holding increased its revenue to $9.4 million, which is 20.2% more than in the same period of 2024, and operating profit by 37.5% to $765,000, the press service of the agricultural holding reported.

“The increase in sales revenue and operating profit during this difficult period of war is a remarkable result and further confirmation of the correctness of our vertically integrated holding strategy, which we began to implement long before the start of the war. In addition, our pig herd renewal program, which we intensified in 2024-2025, played an important role,” said Sergey Kasyanov, Chairman of the Board of Directors of KSG Agro.

As reported, during 2025, the KSG Agro agricultural holding actively rejuvenated its herd at its own pig farm. In June-July, the pig herd was replenished with 500 purebred breeding sows from Danish Pig Genetics, supplied by Breeders of Denmark A/S (Denmark). The agricultural holding claims that this will allow KSG Agro to renew its pig herd with 4,000 highly productive F-1 hybrid sows already this year.

KSG Agro is a vertically integrated holding company engaged in pig breeding, 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 five best pork producers in Ukraine.

In 2023, the agricultural holding began implementing a “network-centric” strategy, under which it will move from developing a large location to a number of smaller pig farms located in different regions of Ukraine.

 

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KSG Agro agricultural holding has harvested grain for feed and export

Agroholding KSG Agro has completed the harvest of spring barley and wheat from an area of 7,604 thousand hectares, of which 6,428 thousand hectares were allocated for wheat and 1,176 thousand hectares for spring barley, the press service of the agroholding reported.

“This year’s summer harvest in our Dnipro region was difficult. Weather conditions, including the effects of last year’s drought, took their toll. (…) We plan to use the harvested grain as ingredients for mixed feed for our pig farm. Part of it will be sold under export contracts,” said Sergey Kasyanov, Chairman of the Board of Directors of KSG Agro.

The agricultural holding specified that during the summer harvest, 18 John Deere and Claas Lexion combine harvesters and 60 trucks were used on KSG Agro’s fields.

KSG Agro is a vertically integrated holding company 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 move from developing a large location to a number of smaller pig farms located in different regions of Ukraine.

 

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KSG Agro has updated its herd with Danish sows to increase efficiency by 20%

KSG Agro has updated the herd at its pig farm in Dnipropetrovs’k region with 500 sows of Danish genetics, which will increase the efficiency of pig breeding by 15-20%, the group’s press service reports.

According to the report, the agricultural holding has already received the second batch of 250 purebred sows of Danish Pig Genetics from the supplier Breeders of Denmark A/S (Denmark). The first batch of the same volume was delivered to the company at the end of May this year.

Thus, the agricultural holding has completed the planned renewal of the pig herd with Danish genetics sows, which have high reproductive efficiency and are capable of producing high-quality piglets that will later become valuable fattening animals. This herd renewal will allow KSG Agro to replenish its pig population with four thousand of the most stable, highly productive F-1 hybrid sows this year.

“In the difficult conditions of the wartime period, realizing that the country’s food security depends on us, we focus on improving the efficiency of the pig production. We have always relied on the world’s best pig genetics, and the current partnership with the Danish Breeders of Denmark A/S is a logical continuation of this strategy. I am confident that this year we will see a 15-20% increase in production efficiency due to the renewal of the herd. These are quite realistic plans,” said Sergiy Kasyanov, Chairman of the Board of Directors of KSG Agro, as quoted in the statement.

KSG Agro noted that it had invested several hundred thousand euros in the renewal of its pig herd with 500 sows, but did not name a specific amount under the terms of the contract.

KSG Agro, a vertically integrated holding company, is engaged in pig production, as well as the production, storage, processing and sale of grains and oilseeds. Its land bank in Dnipropetrovska and Khersonska oblasts is about 21 thousand hectares.

According to KSG Agro, it is one of the top five pork producers in Ukraine. In 2023, the agricultural holding started implementing a “network-centric” strategy, which will move from developing a large location to a number of smaller pig farms located in different regions of Ukraine.

 

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