One of Ukraine’s largest agricultural holdings increased its sugar exports by 400%, increasing profit by €20M. In the first nine months of 2024, Astarta agroholding increased revenue by 13%, to €441M, and profit by €20M (+35%), to €75.6M. Revenue from sugar production increased by 19% to €169M. The volume of s... #agroexportukraine #agroUkraine #Astarta #SugarExport #SugarProduction
Due to export issues with the EU, Ukraine is reorienting its sugar exports: 20% was purchased by three African countries. Since the beginning of March, Ukrainian sugar producers began actively selling their products on the African continent. This alternative direction appeared following active lobbying to ban the sale of... #agroexportukraine #agroUkraine #SugarExport #SugarProduction
French producers ask the EC to limit the import of Ukrainian sugar to the EU. French sugar beet producers are demanding that increasingly larger imports of sugar from Ukraine be re-exported outside of Europe so as not to harm local producers. Ukrainian sugar exports to the EU m... #AgroEU #agroexportukraine #SugarExport #SugarProduction
Ukraine has brought the volume of sugar exports closer to the highest historical figures. According to official data, Ukrainian companies exported 25,000 tons of sugar in September. Since the beginning of the season (October 2022), the export of this product has reached 427,000 tons. The m... #agroexportukraine #SugarExport #SugarfromUkraine #SugarProduction
The EU refuses to increase sugar beet production due to the threat of competition with Ukraine. Sugar producer Saint Louis Sucre (SLS), owned by Germany’s Suedzucker, has asked French farmers not to increase beet production in 2024. Otherwise, it will not be possible to avoid a drop in sug... #agroexportukraine #agroUkraine #Suedzucker #SugarBeets #SugarProduction
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
A German company buys another sugar factory in Lutsk. The Antimonopoly Committee of Ukraine is considering the case of concentration in the form of the acquisition of the assets of the Hnidav Sugar Plant by the company Radekhiv Sugar. The German company ... #HnidavskySugarFactory #PfeiferLangen #SugarProduction
Concorde Capital’s Alexander Paraschiy wrote: “The company’s EBITDA and net leverage are the best in the last three years, making it one of the least risky farming and food companies in the Ukrainian universe.” #agroUkraine #SugarProduction
