Business news from Ukraine


The Agrofusion Group of Companies (Mykolaiv) will expand the total growing area for tomatoes by 4% compared to last year, to 8,360 hectares, according to a posting on the website of the agricultural producer.
In addition, in the new production season, 0.1 thousand hectares have been allocated for organic tomatoes.
Agrofusion said that Agrofusion team has begun new tomato paste growing season. In the last decade of March we have started to sow tomato seeds at both Southern and Northern greenhouse complexes. This year our nurseries will grow more than 200 million transplants for the production of tomato paste presented in many countries under the TM Inagro.
According to the company’s website, Agrofusion is a vertically integrated group of companies in Ukraine that grows and processes tomatoes for producers of juices, ketchups and tomato sauces. It includes 10 branches, two greenhouses, three plants for the production of tomato paste (two in Mykolaiv region, one in Kherson region) with a total capacity of up to 750,000 tonnes of tomatoes per season. The total land bank of agricultural enterprises in Kherson and Mykolaiv regions is more than 32,000 hectares of irrigated land.
According to the European Bank for Reconstruction and Development (EBRD), which provided EUR 10 million to the group of companies in September 2020 to finance working capital needs, Agrofusion is the third largest tomato company in Europe, exporting 72% of its products to 45 countries.

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