IMC invests $22M in a fleet of grain wagons and can now transport 80% of its grain.

Oleksandr Verzhykhovsky, CEO of the Industrial Dairy Company agroholding (IMC), said that by March 2025 IMC had completed investment in its rolling stock. Since 2024, the company has spent about $22M to purchase 300 grain wagons. Currently, the agroholding can transport roughly 80% of its grain to ports using its own wagons. Last year, IMC also made significant investment in renewing and modernizing its agricultural machinery. The company plans to maintain annual capital expenditures on equipment, technology, and infrastructure modernization at around $10-12M.

It is also reported that as of the end of March 2025, IMC had $44.7M in assets, which is 73% more than a year earlier. This enables the agricultural holding to systematically reduce its financial debt, which was over $23M last year compared to $46M in 2023. The goal this year is to reduce the debt to less than $20M.

“At the same time, we have returned to paying dividends and are working to share profits with shareholders in the form of significant dividends next year,” Verzhykhovsky emphasized.