News

This year, Gnidava Sugar Refinery will continue ecological sugar production. The press-service of the company reports about it. Last year, «Ritter Bio Agro», an enterprise specializing in eco-beet production, has grown 2,000 tonnes of raw materials from which ec...

Sugar producer Tongaat Hulett said on Monday its full-year profit fell by 37%, weighed down by higher-than-expected sugar imports by South Africa and low international prices. It is reported by Reuters. Diluted headline earnings per share (HEPS) fell to 534,8 cents ($0,4296) in the year ended March 31, from 852,7 cents in the previous year.  HEPS is the main prof...

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...

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...

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...

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...

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...

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'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.

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...