«Astarta» exported sugar beet processing products worth $12,81 million



In 2020, «Astarta», the largest sugar producer in Ukraine, exported sugar beet processing products worth $12,81 million, which accounted for 15,5% of total exports of these products from Ukraine.

It was announced by the expert of Ernst&Young international company Viktor Kovalenko during a joint discussion of government and business in Kyiv on Wednesday, fixygen.ua reported.

Kovalenko noted that the export of «Astarta»'s products accounted for every 100th US dollar received by Ukraine in 2020 from agricultural and food products exports.

«Astarta» is a vertically integrated agri-industrial holding operating in eight regions of Ukraine. It includes eight sugar factories, farms with a land bank of 220 thousand hectares and dairy farms, seven elevators, a biogas complex and a soybean processing plant in Poltava region.

In 2020, the agricultural holding increased its net profit 5,1 times — to EUR8,61 million, its revenue decreased by 7,2% — to EUR415,63 million.