News of Ukraine

On February 12, 2020, the financial director of «Astarta-Kyiv» Viktor Gladkyi bought a stock of shares of the holding. It is reported by the company on the Warsaw Stock Exchange. Thus, the financial director bought 2 250 shares at a price of 17 PLN (about $4,36). The transaction amounted to PLN 38,25 thou...

Despite last year's "subsidence" of sugar production in Ukraine by 20%, «A'SPIK GROUP» refineries increased sugar output by 12 thousand tonnes or 20%. It is reported by the company on its Facebook-page. In particular, in 2019, Khmelnytsk region produced over 72,000 tonnes of sugar, of which 46 thousand tonnes were produced at Staro...

Sugar sales of «Astarta», the biggest sugar producer in Ukraine, in October-December 2019 increased by 16%, compared to the same period of 2018, — up to 60,87 thousand tonnes, the company reported on the Warsaw Stock Exchange. It is reported by «Interfax». After three years of profitable work, in 2018, «Astarta» received a net loss of EUR21,11 million. Last year its revenues declined by 18,8% &mda...

In 2019, «Astarta» preserved leadership position on the local sugar market. Sugar refineries of the Company secured 22% share of total sugar production in Ukraine. It is reported by press center of the company. In 2019, the refineries processed over 1,9 mln tonnes of sugar beet and produced 301,5 thousand tonnes of sugar. 95,5% of sugar produced was top-...

According to the results of 2019/2020 production season of Cygnet sugar refinery, more than 80% of the produced sugar became the first category sugar. It is reported by the company in its corporate journal. «Although this season was very short, we saw the results of the equipment modernization: gas consumption was reduced by 0,5 m3 per 1 t&...

On January 10, 2020, Albacon Ventures Limited, which is owned by «Astarta-Kyiv» CEO Viktor Ivanchyk, acquired 10,000 shares of the company. It is reported on the website of the Warsaw Stock Exchange. As a result of the acquisition, the totak equity stake of Albacon Ventures Limited in Astarta Holding N.V. increased to 9,6 million...

In 2019, Ukrainian producers exported 236,8 thousand tonnes of sugar — more than twice less than the previous year — 584,9 thousand tonnes. «This year was not very favorable for Ukrainian sugar producers and in comparison with the past, we can see that exports were completely dropped as previously, monthly export volumes reache...

In 2019, «Astarta-Kyiv» sugar refineries produced 75,6 thousand tonnes of extra white sugar — 37% more than in 2018 (55 thousand tonnes). It is reported by the company on its Facebook-page. The sugar beet losses in the pile field decreased by 31% (a fact of 0,41%). The share of premium quality sugar amounted to 95,5%. Gas conswumptio...

Mineral fertilizers have always been and still remain an important component of high-efficiency agricultural production. Therefore, the prospects for agribusiness development depend on the state of affairs in the market and its situation. It is reported by press-service of the company. At the same time, fertilizers prices are increasing year by year, and the Gnidava sugar refinery offers an alternative to expensive to them.&nbs...

In 2019/2020 MY, Ukraine produced 1,48 million tonnes of sugar — 19% less than the previous season. «In total, there were 33 sugar refineries in operation, which processed 9,84 million tonnes of sugar beet — almost a third less than the previous year. As we can see, a significant reducti...