Business news from Ukraine

Business news from Ukraine

Owned by Tigipko “TAS Agro” replaced CEO

The TAS Agro agrarian group has appointed Valeriy Novitsky as the CEO of the holding, where he previously served on the Board of Directors, its Facebook page reported on Monday.

According to the Unified State Register of Legal Entities and Individual Entrepreneurs, Novitsky owns 40% in the authorized capital of Bilzerno LLC (Misaylovka village, Kyiv region) and 55% in TN Product LLC (Kyiv), while the remaining 60% and 45% in these legal entities belong to the Ukrainian businessman Sergey Tigipko.

Before the war, TAS Agro cultivated 83 thousand hectares in Vinnitsa, Kyiv, Kirovograd, Chernihiv, Nikolaev, Sumy, Kherson and Dnepropetrovsk regions, was engaged in dairy farming (up to 5.5 thousand heads of cattle), owned six elevators with a one-time storage capacity of 250 thousand tons.

The TAS Group was founded in 1998. Her business interests cover the financial sector (banking and insurance segments) and pharmacy, as well as industry, real estate, and venture projects.

The founder of “TAS” is Sergey Tigipko.

TAS AGRO INCREASES LAND BANK IN UKRAINE TO 83,000 HECTARES

TAS Agro agricultural holding in 2018 increased its land bank by 11.4%, to 83,000 hectares, businessman Sergiy Tigipko has said.
“In 2018, we bought the lease rights for 8,500 hectares of land: 3,500 hectares in Kherson region for irrigation and 5,000 hectares in Chernihiv region. Now we have about 83,000 hectares. And we are also considering two more transactions: for 3,000 and 12,000 hectares. If we agree on conditions, then we will buy them,” he said in an interview with the New Time (Novoye Vremia) magazine.
According to Tigipko, TAS Agro is not actively involved in processing now.
“Working in the bank, we see the profitability of many businesses: how they earn on eggs, poultry, or milk. And nowhere do we see more profitability than just in production of grain,” the businessman said.
TAS Agro cultivates land in Vinnytsia, Kyiv, Kirovohrad, Chernihiv, Mykolaiv, Sumy, Kherson, and Dnipropetrovsk regions. It is engaged in dairy cattle breeding (up to 5,500 animals), owns six elevators with a capacity of 250,000 tonnes.

,