Despite the war, Canadian companies are investing tens of millions of dollars in new projects in Ukraine. Vice-President of the Canadian-Ukrainian Trade Association Yuriy Kryvoshey said, in 2023 Canada’s foreign direct investment in the Ukrainian economy amounted to $61.8M. Fairfax Financial Holding... #AgroholdingAstarta #BlackIron #CamecoCorporation #Fairfax #ForeignInvestor #InvestmentsinUkraine #OvostarUnion #Roshel
One of the largest agricultural holdings of Ukraine delivered its products to 44 countries and increased export turnover by 17%. In 2023, Astarta Holding, the largest producer of sugar in Ukraine, delivered more than one million tons of its products to world markets and received €325M in export earnings, 17% more than in 2022. ... #agroexportukraine #AgroholdingAstarta #SugarExport #UkraineMaritimeCorridor
Despite record processing volumes, Ukraine’s largest sugar producer’s net profit declines 10%. In the last production year, Astarta processed 2.7 million tons of sugar beets, grown both independently and by agricultural partners, and produced 377,000 tons of sugar at its five sugar factories. T... #AgroHarvestUkraine #AgroholdingAstarta #agroUkraine #SugarProductionUkraine
Ukraine received almost $400M from the export of sugar. In 2023, sugar exports reached 506,000 tons, which allowed Ukrainian producers to earn $390M. For comparison, in 2022 181,000 tons of sugar valued at $139M were delivered to foreign markets.According ... #agroexportukraine #AgroholdingAstarta #SugarExport #SugarProductionUkraine
Capitalization of agricultural holdings decreased by almost €2B. Agricultural holdings’ capitalization decreased during the IV quarter of 2023 compared to the same period in 2022. According to experts, this is related to the internal situation in these compan... #AgroBusinessUkraine #AgroholdingAstarta #KernelGroup #MHPAgroholding #UkraineEconomy
Astarta invests $60M in the construction of a soybean processing plant. Astarta Agroholding, the largest sugar producer in Ukraine, received a $60M loan from state-owned Oschadbank to construct a soybean processing plant in the Poltava region. It is clarified that the cre... #AgroholdingAstarta #AgroInvestments #agroUkraine #SoybeansUkraine
One of the largest agricultural holdings in Ukraine is resuming a processing project and investing $60M. In the fourth quarter of the year, Astarta Holding will resume the construction of an additional soybean processing line at the Globino processing plant in the Poltava region, which will allow the pro... #AgroholdingAstarta #AgroInvestments #ProcessingPlantUkraine #Soybeans #SoybeansUkraine
The largest sugar producer in Ukraine doubled its six-month profit. Agropromholding Astarta generated €54.73M in net profit for the first half of the year, which is 97.4% more compared to the first half of 2022. According to a report from the company, revenue for the... #AgroholdingAstarta #agroUkraine #SugarfromUkraine #SugarProduction
Agroholding Astarta, Ukraine’s largest sugar producer, increased its EBITDA by 45.6% to €113.4 million. The company increased its sugar EBITDA 9-fold, to €80.2 million, by selling one unprofitable sugar mill and by cutting sugar exports by 29%. Sugar prices were higher in Ukraine, where the company has ... #AgroholdingAstarta #agroUkraine #SugarfromUkraine
