News


«Astarta» received $30 million loan from IFC

IFC, a member of the World Bank Group, is providing a $30 million loan to «Astarta», a leading agricultural producer, to help improve its environmental efficiency and strengthen its agricultural productivity and logistics as part of a broader effort to boost Ukraine's agribusiness sector and spur economic development.  It is reported by the corporation in its press release. IFC’s financing will support a two-year investment program aimed at improving the company’s resource efficiency and com...


Brazil sugar mills hit by high diesel prices

Brazilian sugar producers say their operations have been affected by nationwide truckers protests against high diesel prices that entered a third day on Wednesday, industry groups said on Wednesday. It is reported by Reuters. Cane industry group Unica said some sugar mills in the country’s center-south region reduced cane harvesting this week due to short diesel fuel supplies. Unica a...


Ukraine decreased sugar confectionery production

In January-April 2018, Ukrainian sugar confectionery production totaled 22 thousand tonnes (-3,1% compared to the same period of 2017). It is reported by the State Statistics Service of Ukraine. According to the data, in April 5,5 thousand tonnes of sugar confectionery products were produced (-10,8% compared with&nbs...


«Astarta» shareholder reduced its stake in the company to 2,79%

Aviva Investors Poland SA, acting on behalf of Aviva Investors Specjalistyczny Fundusz Inwestycyiny Otwarty, hereby informs that due to the sales transaction of the shares of Astarta Holding N.V. that took place on 14 May 2018 the total number of Company's shares owned by the Aviva Investors Specjalistyczny Fundusz Inwestycyjny Otwarty has decreased. It is reported by the Company on Warsaw Stock Exchange. So the total number of votes in the Company held by Aviva Investors Specjalistyczny Fundusz Inwestycyjny Otwarty has been reduced below...


«Poltavazernoprodukt» completed sugar beet sowing

On May 6, «Poltavazernoprodukt» IIC LLC production unit successfully completed sowing campaign. It is reported by the press-service of the company. This year more than 20 thousand hectares have been planted with the main crops. Agrarians of the company have sowed 6,2 thousand hectares of...


Volyn will have sufficient sugar

This year spring has turned out to be late, but friendly with high temperatures and a significant lack of moisture, so sugar beet have sprouted only by 40% and only the last rains are able to improve the situation. But Gnidava sugar refinery still expects high yields from its farmers. It is reported by the press service of the company. «After the completion of the sowing campaign we will carry out an inspection of the farms and determine the real amount of sown areas. At p...


China sugar imports up 24%

China's sugar imports rose 140,5 percent year on year to 470,000 tonnes in April, also up 23,7 percent from 380,000 tonnes in March. It is reported by Reuters. Customs data showed on Wednesday, that sugar imports rose, as some shipments delayed earlier at port arrived.


Sugar beet sown on 280 thousand hectares

As of May 16, sugar beet harvesting in Ukraine was conducted on 280 thousand hectares or 94% of the planned areas. It is reported by the press service of the Ministry of Agrarian Policy and Food of Ukraine. In order to carry out a complex of spring field operations in 2018, 995 thousand tonnes of nutrients of m...


Brazil's center-south cane crop cut due to drought

Brazil's center-south, the world's largest sugar producing region, is likely to have less cane to process this year than previously expected due to a prolonged period without widespread rains. It is reported by Reuters. Sao Paulo-based Archer Consulting revised its center-south 2018/19 cane crop projection to 563 million tonnes, compared to 580 million tonnes expected previously, citing...


The products of Gnidava sugar refinery are popular even in Sri Lanka

For more than a decade, the products of Gnidava sugar refinery have been recognizing both at the national and international level. The press-service of the company reports. «Therefore, we produce the best sugar, because we do it with love. Since 2007, we produce high quality sugar that is competitive in the European mark...

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