Investments in land, an elevator, and a plant: What does OKKO Group’s agricultural portfolio include?

OKKO Group, which is known for the largest gas station network in Ukraine, has started expanding its agricultural assets.

“This year, we finalized a deal for 17,000 hectares in northern Ternopil and southern Rivne. Currently, we cultivate around 50,000 hectares in total,” stated OKKO Group General Director Vasyl Danylyak.

He noted that interest in these areas stems from favorable natural conditions and improved yield metrics.

Moreover, the company is nearing completion of an elevator with a 60,000-ton storage capacity, followed by plans to launch a plant set to begin production in summer 2025. This marks a new phase in the company’s agricultural expansion.

A key element of OKKO Group’s agricultural portfolio is its partnership with Gazagro in Ternopil, which cultivates 26,000 hectares and maintains approximately 10,000 cattle. While it stands as one of Ukraine’s largest horticultural farms, OKKO has chosen not to incorporate the horticulture segment.

In addition to assets in various sectors, OKKO Group intends to launch a bioethanol plant in the third quarter of 2026 with an estimated investment of €110M.