IFC, a member of the World Bank Group, will provide a debt financing package to Astarta, a leading agricultural producer, as part of broader efforts to support Ukraine's farming sector and spur economic development in the country.
Trigon Agri shares tumbled 11%, matching their record low, after the former Soviet Union farm operator unveiled a widening in losses and weakening in its balance sheet, and termed 2016 a "year of challenges".
AgroGeneration, producteur de céréales et d'oléagineux en Ukraine, annonce la signature d'un contrat majeur de prépaiement pour une partie de sa récolte 2016 pour un maximum de 10 millions de dollars, avec la société Quadra Commodities
The Canada Pension Plan Investment Board is in advanced talks to buy a stake in Miner and commodity trader Glencore Plc's agricultural business, which has farming operations covering 270,000ha in Argentina, Australia, Kazakhstan, Russia and the Ukraine.
The EBRD is providing a loan of up to US$85 million to Ukrainian agribusiness producer PJSC Myronivsky Hliboproduct to support the integration of farms from the former Swedish-owned company Agrokultura.