News of Ukraine

«Astarta» signed a fuel contract with «Ukrnafta» according to which the latter will supply petroleum products to the Company in 2023. It is reported by press-center of the company. «During the full-scale war a guaranteed energy supply is the key condition for growing agricultural production and securing food for Ukrainians....

This year, «Astarta» expanded the area under irrigation to 1,000 hectares. The company reports about it on its Facebook page. The project is being implemented by «Poltavazernoprodukt» LLC. Five more sprinklers were added to the three sprinklers. For this...

Last year, sugar beet showed the best marginal indicators compared to other crops, and this trend continues in 2023. Roman Ogorodov, the business manager of «Ukrprominvest-Agro», told about it in a comment on Latifundist.com. The company notes that the areas under beets as part of the partner program «Sugar beet — a smart choice!» increased from 8 thousand hectares to 17.3 thousand hectares. In ge...

In the West of Ukraine, many new enterprises have started sugar beet growing even those who have never been involved in it. We are talking about both large agricultural holdings and small farmers. It is reported by UkrAgroConsal with reference to the material «Moisture is not always good: Sowing in Western Ukraine» on Kurkul.com. Sugar beet is the main crop in «Zakhidnyi Bug» farm in Lviv region. It brings 80% of the company's profit. Therefore, this year, 15.3 thousand hectares were allocated for beetroot....

«Astarta» has completed the spring planting, having fulfilled the full range of fieldworks on its entire land bank within the optimal time. It is reported by press center of the company. «Last year’s rainy autumn with the very late completion of late grain harvest meant we had to carry out unplanned fieldworks alongside sch...

As of May 25, more than 240,000 hectares of sugar beets were sown in Ukraine. According to official data, 240.9 thousand hectares were planted with sugar beets. The most beets were sown in Vinnytsia and Ternopil regions — 52,000 ha each. They are followed by Khmelnytsk (2...

Astarta’s consolidated revenues increased by 37% y-o-y to EUR164m in 1Q23 following better performance in all business segments. It is stated in the company's financial report for the first quarter of 2023. Revenues of the Sugar Production segment increased by 86% y-o-y to EUR37m. 1Q23 revenues were EUR 37m, up b...

As of May 18, more than 207,000 hectares of sugar beets were sown in Ukraine. According to official data, the most beets were sown in Vinnytsia region (52,000 ha), followed by Khmelnytsk (23,500 ha), Poltava (22,500 ha) and Ternopil regions (20,800 ha). The total area o...

1Q23 revenues of «Astarta» sugar segment totalled EUR37m, up by 86% y-o-y on higher sugar sales volumes. Exports contributed 15% of segment revenues in 1Q23. It is reported by «Astarta» in its Report for the First Quarter of 2023. Meanwhile, «Astarta» continues its spring planting in all seven regions of its operations. The rainy...

As of May 11, Ukrainian agricultural producers planted almost 205,000 hectares of sugar beets. According to official data of the Ministry of Agrarian Policy and Food of Ukraine, 14 regions of Ukraine continue to sow sugar beets, 204.8 thousand hectares have already been sown. The most beets...