TAS Agro Group has made the first shipment of 1,500 tons of rapeseed oil to consumers in China, the agricultural holding’s press service reported on Facebook.
It is specified that TAS Agro has been processing rapeseed, sunflower and soybeans on a tolling basis at its partners’ plants for the second year in a row. As explained in the agricultural holding, in conditions of low profitability, increasing the added value of products through the development of processing is perhaps the only way to achieve a positive result.
“The realities of wartime force farmers to change, be flexible, and look for new strategic solutions. TAS Agro made the right decision to start processing rapeseed, as it is more profitable to sell oil than raw materials. Last season was the first experience of processing for our agricultural holding, and the financial results are positive,” said Anton Zhemerdeev, Deputy CEO for Commercial Affairs.
According to him, the agroholding has added new specialists to its team and is now focused on extending logistics to end consumers and opening new markets to generate additional margins.
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, the TAS Agro group of companies cultivated 83 thousand hectares in Vinnytsia, Kyiv, Kirovohrad, Chernihiv, Mykolaiv, Sumy, Kherson, and Dnipro regions, was engaged in dairy farming (up to 5.5 thousand cattle), and owned six elevators with a one-time storage capacity of 250 thousand tons.
The founder of TAS is Sergey Tigipko.
Agricultural Group “TAS Agro” has finished spring sowing of spring crops, for which it allocated 51,5 thousand hectares, reducing the area of oilseeds compared to the last year and expanded the grain group, the company said in Facebok.
“The area of crops in the company as a whole has not changed, but because of food security and market situation this season sugar beet and rye have been added to the cropping structure,” the company stressed.
According to the report, the most part of the area from 51.5 ths. ha is devoted to corn – 24.1 ths. ha, sunflower – 15.9 ths. ha and soybean – 11.5 ths. ha.
Before the war TAS Agro worked 83 thsd. ha in Vinnitsa, Kyiv, Kirovograd, Chernigov, Nikolayev, Sumy, Kherson and Dnipropetrovsk regions, was involved in dairy farming (up to 5,500 cattle), owned six elevators with one-time storage capacity of 250 000 tons.
TAS Group was founded in 1998. The sphere of its business interests covers the financial sector (banking and insurance segments) and pharmacy, as well as industry, real estate, venture projects.
The founder of TAS is Sergiy Tigipko.
TAS Agro agrarian group will reduce sowing areas of oilseeds, expand the grain group and start growing sugar beet in season 2023, the company’s press service said.
“Despite the late start of the sowing season caused by weather conditions, all works will be performed in optimal agronomic terms. Modern technological complexes, which increase the accuracy of seeding and increase the productivity of works, are involved in the sowing campaign”, – stated in the press release.
It is specified that the spring sowing campaign in Kirovograd region started with sunflower sowing.
“TAS Agro” is planning to sow 23.3 thousand hectares of corn, 16.1 thousand hectares of sunflower and 11.5 thousand hectares of soybeans in 2023. “Compared to the last year we are going to reduce the area of oil crops and increase the area of grain group. Sowing area in the company as a whole has not changed, but because of food security and market situation this season sugar beet was added to the structure of crops”, – stressed the press service.
After the end of the sowing season the holding will make additional application of nitrogen fertilizers. The company intends to change the technology of plant nutrition, for which the yield of crops in each field over the past five years has been analyzed. According to the data received, the fields were divided into categories, according to which the yield and nutrition system will be planned. “We will be able to not just save money, but increase the efficiency of the money invested in fertilizers,” the company notes.
Before the war TAS Agro worked 83 thousand hectares in Vinnitsa, Kiev, Kirovograd, Chernigov, Nikolaev, Sumy, Kherson and Dnipropetrovsk regions, was engaged in dairy farming (up to 5.5 thousand cattle), owned six elevators with simultaneous storage capacity of 250 tons.
TAS Group was founded in 1998. The sphere of its business interests covers the financial sector (banking and insurance segments) and pharmacy, as well as industry, real estate, venture projects.
The founder of TAS is Sergiy Tigipko.
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 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.
