Business news from Ukraine

Ukrprominvest-Agro exported over 120 thousand tons of sugar to EU

In the 2022-2023 marketing year (MY), Ukrprominvest-Agro Group exported more than 120 thousand tons of sugar to the European Union, the group’s press service reported on Facebook.

“The quality of our products, excellent transaction support services, speed in decision-making, a variety of options for packaging and shipment of products, a responsible approach to work at every stage are the factors that have become the key to the success of Ukrprominvest-Agro in the export market in 2022/23 marketing year. We plan to further develop this area and maintain our leadership among sugar exporters in Ukraine in the current marketing year,” the press service quoted Artem Semenenko, Director of the company’s Commercial Department, as saying.

“Ukrprominvest-Agro is engaged in the cultivation of crops, production of sugar, flour, meat and dairy farming. The group’s land bank exceeds 116.5 thousand hectares and is located mainly in regions that have not been invaded by the Russian occupiers.

The total number of cattle of the agricultural holding is 6.3 thousand, pigs – 12 thousand. The total elevator storage capacity of the group is 120 thousand tons. The group’s sugar business is represented by two sugar factories in Vinnytsia region. It supplies grain processing products to Moldova, Georgia, Turkmenistan, Israel, Palestine, Angola, Lebanon, Syria, and Vietnam.

Ukrprominvest-Agro comprises Agroprodinvest Group LLC, PJSC Podillya Production Complex, LLC Zorya Podillya Production Complex, LLC Vinnytsia Bakery No. 2, AF Dniproagrolan, AF Ivankivtsi, LLC Mas-Agro, LLC Pravoberezhne, and LLC Progress-NT.

The owner of the agricultural holding since December 2019 is the son of the former President of Ukraine Oleksiy Poroshenko.

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Production units of Ukrprominvest-Agro vertically integrated agroindustrial company threshed over 155,000 of grain after completion of early crops harvesting on August 12.
According to a company’s press release, the average yield of wheat harvested on 14,500 hectares is 7.07 tonnes/ha, the average yield of barley harvested on 8,700 hectares is 5.94 tonnes/ha.
Ukrprominvest-Agro’s core business includes growing crops, sugar, flour, meat, and dairy farming. The company’s land bank is 122,000 hectares, the total number of cattle is 5,200 head, that of pigs is 21,000.
Ukrprominvest-Agro incorporates Agroprodinvest Group LLC, PrJSC Podillya, Zorya Podillya LLC, Bread Combine No. 2 LLC. The holding is owned by Ukrainian President Petro Poroshenko.