Business news from Ukraine

Business news from Ukraine

“TAS Agro,” IMC, and “Eridon” Will Maintain Their Winter Wheat Planting Areas

The agricultural holdings TAS Agro, IMC, and Eridon do not plan to reduce their winter wheat acreage, while HarvEast intends to decrease grain crops in favor of sunflowers and soybeans, company representatives reported during a survey at the 17th International Conference “Effective Management of Agricultural Companies” (LFM 2026).

Oleg Zapletnyuk, CEO of “TAS Agro,” noted that the company will maintain its wheat acreage, as this crop plays an important role in crop rotation: wheat is the primary preceding crop for rapeseed. According to him, rapeseed currently accounts for the bulk of the company’s revenue and liquidity.
“TAS Agro” has already completed sowing the planned 15,000 hectares of rapeseed and is continuing to sow wheat. At the time of the survey, approximately 35% of the planned acreage had been sown, Zapletnyuk noted.

The IMC agricultural holding also has no intention of reducing its wheat acreage. Its CEO, Oleksandr Verzhikhovsky, reported that the company plans to plant 2,700 hectares of wheat.
Serhiy Krolevets, the owner of “Eridon,” said that due to unfavorable weather conditions, the company has practically abandoned rapeseed planting. The company plans to plant wheat at roughly the same level as last year, although work is currently being carried out in dry soil while awaiting rainfall.

Meanwhile, the HarvEast agricultural holding plans to reduce the acreage planted with wheat and corn in favor of sunflowers and soybeans. CEO Dmytro Skornyakov explained this by the need to ensure the business’s economic stability in the coming season.
“… Oilseeds are currently much more profitable, and we will increase sunflower and soybean acreage while reducing corn and wheat,” he said.

Maria Osyka, Director of Strategic Development at the Agroprosperis agricultural group, announced plans to plant 10,000 hectares of seed wheat and 55,000 hectares of rapeseed.

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UKRAINIAN PRESIDENTIAL PROGRAM FOR PLANTING 1 BLN TREES IN UKRAINE COMPLETED BY 3%

The decree of President of Ukraine Volodymyr Zelensky on planting 1 billion trees within three years from the start of its implementation in June of this year as of November 8 was executed by 3.53%, in total 35.38 million trees were planted (plus 8.14 million over the past week) on a total area of 6,078 hectares.
The relevant information has been posted on the website of the state program Green Country.
It is clarified that the leading regions in forestation are Zhytomyr region, where 12.69 million trees have been planted, as well as Volyn (3.25 million), Chernihiv (2.27 million), Lviv (2.24 million), Kyiv (2.07 million) and Rivne (1.98 million) regions.
The least number of trees were planted in Kherson and Mykolaiv regions: 19,000 and 46,000 trees respectively.
As reported, Zelensky in June 2021 signed a decree on the implementation of the Green Country project in Ukraine to increase the number of forests in Ukraine. The goal of the project is to increase the forest area by 1 million hectares in 10 years. It is also planned to plant 1 billion trees in Ukraine in the next three years.
According to head of the State Agency for Forest Resources Yuriy Bolokhovets, planting 1 billion trees is necessary to minimize the effects of global climate change, create protective belts of trees to protect against dust storms, as well as increase the country’s forest cover from the current 15.9% to the minimum required 20%.

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