Business news from Ukraine

Business news from Ukraine

“Astarta” starts sugar beet processing at its plant in Vinnytsia region

Astarta Agro-Industrial Holding, the largest sugar producer in Ukraine, started sugar beet processing at a plant in Vinnytsia region on August 24, with a total of five plants of the agricultural group operating this season, the press service of the agricultural holding reported on its Facebook page.
According to the report, two plants in Poltava region are scheduled to be launched at the end of the week, and two more in September.
“The season has started successfully. The first plant is now online and operating at full capacity. We will soon start shipping the first batches of high-quality sugar to Ukrainian consumers. In general, our investments in the sugar segment were aimed at improving the energy efficiency of the plants. We also focused on improving staff motivation and product quality,” said Igor Rylyk, Director of Agricultural Processing at Astarta.
At the same time, the agricultural enterprises of the agro-industrial holding, which are the main suppliers of raw materials for Astarta’s sugar factories, continue harvesting sugar beet, the total area of which this year is 38 thousand hectares.
Currently, the holding’s plants are working on their own raw materials, and starting from September 1, sugar beet will be supplied for processing by farms with which Astarta cooperates on a regular basis, the agricultural holding said.
In 2023, Astarta Agricultural Holding grew 39 thousand tons of sugar beet, which is 20% more than a year earlier, thanks to a record yield of 58 tons/ha against 56 tons/ha in 2022, the company’s annual report said on Wednesday evening.
According to the agricultural holding, the record high sugar beet harvest extended the processing period until the end of January 2024. In total, the sugar production campaign in 2023 lasted 130 days, compared to 111 days a year earlier.
“In the 2023-2024 marketing year, Astarta increased sugar production by 34% year-on-year to 377 thousand tons. At the same time, the volume of sugar beet processing in 2023 increased by 37% compared to the same period last year and reached 2.7 million tons. The market share remained unchanged at 21% in 2023.
In 2023, Astarta, the largest sugar producer in Ukraine, reduced its net profit by 5.0% to EUR 61.9 million, and its EBITDA decreased by 6.1% to EUR 145.77 million, while revenue increased by 21.3% to EUR 618.93 million.

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A granite quarry is sold for $3.25 million in Vinnytsia region

The area of the deposit is 54.9 hectares. The area of the leased territory is 88.09 hectares (7 plots). The mining allotment for the extraction of block stone is 15.92 hectares, and for the extraction of stone for crushed stone – 33.28 hectares. The land lease agreements are valid until 2036.

Special mining permit until 2036. The permit includes two separate areas: for the extraction of block stone (Cardinal Grey) and rubble stone for the production of crushed stone.

The balance sheet reserves for 2024 amount to 15.762 million m3, including 3.176 million m3 for blocks (categories A + B) and 12.586 million m3 for crushed stone (categories A + B + C1).

In addition, in the C1 category, the conditional balance reserves for the block section are +2.69 million m3, and for the crushed stone section – +1.074 million m3.

Product characteristics: fraction nomenclature according to certificates: 0-5, 5-10, 10-20, 5-20, 20-40, 40-70, mixtures of C-11, C-7, C-5. Compressive strength grade M1200, density 2.7 t/m.cubic meter, radioactivity class one, abrasion grade St.1, impact resistance grade U-75, serial friability g/p = 15%. An operating laboratory with equipment.

Number of personnel: 24 people (technical staff – 8 people, other staff – 16 people). Work in 1 shift.

Production capacity of the crushed stone production line = 1,100,000 tons per hour. 4 crushing stages:

1. Receiving hopper (60 cubic meters) with a plate feeder and a jaw crusher SMD-111;

2. Medium crushing cone crusher Metso GP300s + Gyratory CVB 2060 (3 decks);

3. Mobile complex with cone crusher Sandvik СH-440 + Gurkrit (2 decks) + Gurkrit (3 decks);

4. An independent line with a Metso HP-100 cone crusher + Rumbling (3 decks).

The crushing and screening line is fully equipped with machinery: two loaders (CAT, VOLVO), an excavator (Liebherr), two BelAZ trucks (45 tons), two BelAZ trucks (30 tons), two KrAZ trucks, three cranes (two KS and RDC cranes), a fuel truck, etc. There is also a tank with a 10 cubic meter license and a garage with repair bays, three Skoda cars.

In addition to the crushing and sorting line, the quarry has a complex of workshops for sawing and polishing slabs from the block quarry, all equipped with crane beams, overhead cranes and hoists.

Also on the territory are the following buildings: operator’s room, utility room, administrative building, checkpoint, warehouse, lathe shop, compressor room, pump room, and garage. The area of all buildings is more than 4000 square meters.

There is a railway loading branch equipped with a ramp with two receiving hoppers and a conveyor loading system for 10-20 receiving cars.

More detailed information is available upon request

Price: USD 3 250 000

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VINN-AGRO-EXPORT INVESTS $12 MLN IN BUILDING ELEVATOR IN VINNYTSIA REGION

Vinn-Agro-Export LLC (Vinnytsia region) has begun the construction of an elevator with a capacity of 65,000 tonnes in the village Makharyntsi (Vinnytsia region). According to a report on the website of Vinnytsia Regional State Administration, in an hour the elevator will be able to accept up to 600 tonnes of grain and ship up to 300 tonnes. In addition, the company plans to build a railway track branch. In future, the elevator will ship up to 50 wagons a day.
The company also plans to build a laboratory to determine grain chemical and biological composition. The expected investment is $12 million.
Vinn-Agro-Export is engaged in wholesale of grain, untreated tobacco, seeds and animal feed. According to the unified state register of legal entities and individuals, Anatoliy Yarmolenko is the ultimate beneficiary of Vinn-Agro-Export.

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