Business news from Ukraine

Business news from Ukraine

IMK has completed its spring planting on area of 89,200 hectares

The IMK agricultural holding has completed its 2025 spring planting campaign: the planted area totaled 89,200 hectares, compared to 89,900 hectares last year.

As stated in the company’s press release on Tuesday, 25,200 hectares of sunflowers and 64,000 hectares of corn were planted, compared to 24,800 hectares of sunflowers and 65,100 hectares of corn last year.

According to IMC’s Chief Operating Officer Bohdan Kryvitsky, this spring was unusually cold—with prolonged frosts lasting practically until May.

“We even had to temporarily suspend corn planting while waiting for more favorable temperature conditions. An additional challenge was the unstable performance of GPS navigation. At the same time, the team was well-prepared to work under such conditions—using physical and foam markers, cameras, and track cutting to maintain the planned output of the equipment, which at the peak of the planting season reached up to 4,500 hectares per shift,” he noted.

The agricultural holding announced the start of the spring planting season on April 16 and plans to plant a total area of 90,700 hectares, which is 800 hectares more than last year’s actual figure, with plans to plant 24,900 hectares of sunflowers and 64,800 hectares of corn.

IMK Agroholding is an integrated group of companies operating in the Sumy, Poltava, and Chernihiv regions (northern and central Ukraine) in the crop production, grain elevators, and warehousing segments. Land bank: 115,000 hectares; storage capacity: 554,000 tons; 2024 harvest: 864,000 tons.

IMK’s net profit for 2025 increased by 24% to $67.5 million, while consolidated revenue decreased by 10% to $190.4 million.

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ASTARTA STARTS SPRING PLANTING SEASON-2021

ASTARTA’s farming units started the new spring planting season.
The Company’s main crops are sugar beet (33.5kha), corn (59.9kha), soybeans (31.2kha), wheat (46.5kha), sunflower (28.1kha) and winter rapeseeds (7.2kha).
ASTARTA is also growing a mix of organic crops on 1.8kha.
ASTARTA is fully prepared for the new planting season 2021 and has a full stock of seeds, crop protection means, fertilizers. The Company uses both imported and domestic inputs. The key selection criteria are quality and support for local producers. Wheat and soybeans’ seeds are produced in-house under the brand ASTARTA Select.
The new John Deere tractors, purchased in 2020-2021 within the five-year investment programme aimed at upgrading its agricultural machinery, are already involved in the current planting.
The staff has been trained. All operations are performed with strict quarantine regulations and requirements.
Despite the later start of the planting due to colder weather conditions, all production operations will be performed within the required timeline.

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