Business news from Ukraine

Business news from Ukraine

“TAS Agro” has completed harvesting of oilseeds, yield exceeded targets

6 October , 2024  

TAS Agro Agro Agro Holding has completed the harvesting of oilseeds in the 2024 season from 34.1 thousand hectares, the yield exceeded the targets for 2024 and was higher than the average for Ukraine, the press service of the agricultural holding reported on its Facebook page.
According to the report, at the end of September, TAS Agro completed sunflower harvesting, harvesting more than 43.6 thousand tons from an area of 17.7 thousand hectares, and soybeans from an area of 16.4 thousand hectares weighing 37.2 thousand tons.
“This year, late summer and early fall were abnormally dry, which had a negative impact on the yield of oilseeds throughout Ukraine. Today, there is a shortage of sunflower seeds on the market, which affects price growth and the overall situation on the agricultural market. In general, we carried out our autumn field work in an extremely narrow time corridor, but we did a great job,” said Oleg Zapletnyuk, CEO of TAS Agro.
Currently, the agricultural holding continues to harvest corn and is completing the sowing of winter wheat on an area of 22.7 hectares.
In addition, in 2024, TAS Agro almost doubled its winter rapeseed sowing, from 8 to 15 thousand hectares. Winter rapeseed has already sprouted and autumn chemical protection measures are underway. The agroholding expects favorable weather and good germination of winter wheat.
Taking into account the experience of 2024, the company will continue to implement the updated strategy, providing the clusters with the necessary amount of new agricultural machinery,” TAS Agro summarized.
TAS Group was founded in 1998. Its business interests include the financial sector (banking and insurance segments) and pharmacy, as well as industry, real estate, and venture capital projects.
Before the war, TAS Agro Group cultivated 83 thousand hectares in Vinnytsia, Kyiv, Kirovohrad, Chernihiv, Mykolaiv, Sumy, Kherson, and Dnipro regions, where it grows soybeans, sunflower, rapeseed, wheat, barley, and corn. In addition, the agricultural holding is engaged in dairy farming (up to 5.5 thousand heads of cattle) and owns six elevators with a one-time storage capacity of 250 thousand tons.
The founder of TAS is Sergey Tigipko.

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