Kernel

Tuesday, May 6

Top Ukrainian agribusinesses increased their revenue by 70% in 2024.

Top Ukrainian agribusinesses increased their revenue by 70% in 2024. Agribusinesses listed in the Opendatabot Index generated ₴146B in revenue last year, reflecting an overall revenue increase of 70%. For the first time since the onset of the full-scale war, all leader...

Wednesday, January 8

Ukrainian agro holding capitalization increased by more than €3.8B due to improved logistics and changes in global agricultural markets.

Ukrainian agro holding capitalization increased by more than €3.8B due to improved logistics and changes in global agricultural markets. According to calculations from industry experts, the total capitalization of agro holdings (MHP, Kernel, Agroton, Astarta-Kyiv, AgroGeneration, Milkiland, IMC, KSG Agro, Ukrprodukt, Agroliga) in the f...

Thursday, July 4

Ukrainian businesses will start insuring elevators against war risks.

Ukrainian businesses will start insuring elevators against war risks. Elevator equipment manufacturer KMZ Industries concluded a partnership agreement with the leading insurance company in Ukraine, ARX, regarding the provision of insurance services for elevator complexe...

Tuesday, June 18

Wholesale trade leaders increased their revenues by 17%.

Wholesale trade leaders increased their revenues by 17%. In 2023, the leading wholesale trade companies earned more than ₴535B, 17% more than the leaders in 2022. The Kernel Trade company leads the revenue list for the third year in a row despite a decrease...

Tuesday, June 4

Ukraine is preparing the Chornomorsk Seaport for reconstruction.

Ukraine is preparing the Chornomorsk Seaport for reconstruction. The government plans to start the reconstruction of the seventh, eighth, and ninth berths of the Chornomorsk seaport by 2025, said head of the Chornomorsk Seaport Administration Ruslan Sakhautdinov. &...

Friday, April 5

Ukrainian agricultural holdings are investing in their logistics.

Ukrainian agricultural holdings are investing in their logistics. With its own fleet, Kernel will transport products to consumer countries and reduce export logistics costs. Kernel achieved this capacity by acquiring a third vessel – the bulker Rotterdam Pearl...

Thursday, April 4

Ukraine’s agro-industry leaders increased their income by 35% over the last year.

Ukraine’s agro-industry leaders increased their income by 35% over the last year. The total income of the ten leading companies in the agricultural sector increased by 35% in 2023, according to the Opentabatot Index. Market leaders earned almost ₴86.6B, a third more than in 2022 an...

Wednesday, January 24

The US improves its forecast for Ukrainian sunflower oil exports, and Kernel increases production by 24%.

The US improves its forecast for Ukrainian sunflower oil exports, and Kernel increases production by 24%. The US Department of Agriculture (USDA) increased its forecast for the exportation of vegetable oils from Ukraine in the current trading season to 6.4 million tons. It is noted that sunflower oil will...

Thursday, December 14

One of Ukraine’s largest agricultural exporters lost $400M due to the war, while another managed to make $300M in profit.

One of Ukraine’s largest agricultural exporters lost $400M due to the war, while another managed to make $300M in profit. According to the owner of Nibulon, Andrii Vadaturskyi, the company suffered more than $400M in losses and will file a lawsuit against the Russian Federation. Currently, only 32% of Nibulon’s pre-war c...

Tuesday, November 28

Which enterprises have become the Ukrainian wholesale trade market’s leaders during the war?

Which enterprises have become the Ukrainian wholesale trade market’s leaders during the war? Almost half of the 10 most successful Ukrainian wholesalers are businesses that trade solid, liquid, and gaseous fuels alongside similar products, reported Opendatabot. In particular, Okko, WOG, West ...

Tuesday, October 31

During the first year of the war, Ukraine’s largest agricultural producers increased their income to ₴100B.

During the first year of the war, Ukraine’s largest agricultural producers increased their income to ₴100B. In 2022, total income for the top ten agrarian producers increased by 27% to ₴97.65B ($2.65B). At the same time, half of the businesses from the top ten make up the enterprises from the MHP group. The...

Ukraine’s largest sunflower oil exporter earned $299M in net profit this year.

Ukraine’s largest sunflower oil exporter earned $299M in net profit this year. According to results from the 2023 fiscal year (July 2022 – June 2023), Agroholding Kernel earned a net profit of $299M, according to the company’s financial report. At the same time, the ...

Friday, May 5

One of the largest agricultural holdings is investing $10M in a new grain terminal on the Danube.

One of the largest agricultural holdings is investing $10M in a new grain terminal on the Danube. Kernel plans to build a new transshipment terminal, Development Reni Terminal, in the port Reni on the Danube by the end of 2023. The company reported that the terminal will be built on a plot of land...

Wednesday, April 5

Kernel has launched a €1M investment project to expand its transportation capabilities.

Kernel has launched a €1M investment project to expand its transportation capabilities. The largest agriculture holding, Kernel, clarified that they have begun cooperation with five carriers and, with a €1M investment, fitted 31 trucks with tanks. These investments will help Kernel’...

Friday, July 15

The largest Ukrainian agricultural company plans to import oil products.

The largest Ukrainian agricultural company plans to import oil products. Kernel, the agro-industrial group, wants to supply oil products, fertilizers, and other goods to Ukraine to overcome the shortage of agricultural production resources, announced the head of the Kernel...

Tuesday, January 25

The largest Ukrainian agricultural holdings lost up to 17% in one week.

The largest Ukrainian agricultural holdings lost up to 17% in one week. The share prices of eight Ukrainian agricultural holdings last week (January 14-21) fell from 2.2% to 16.7%, reported Interfax. The securities of the IMK group of companies fell by 16.7%, Astarta by ...

Friday, October 15

Forbes rating of the top 100 companies in Ukraine. Forbes has published its rating of the 100 largest private companies in Ukraine. According to Forbes Ukraine, the top three private companies in 2021 are Metinvest, ATB-Market, and Kernel.

Tuesday, April 20

The EBRD is also lending $57 million to the Kernel Group to improve the storage, transportation and export of agricultural commodities , the bank reported in a press release. The loan is part of a $200 million syndication arranged by French investment bank Natixis for Kernel, the world’s leading producer and exporter of sunflow...

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