Deal #1026

Location #1

Spatial accuracy level
Administrative region
Location
Lviv, Lviv Oblast, Ukraine

Target country
Ukraine
Comment on location
Farms are primarily located in Lviv.

Land area

Size under contract (leased or purchased area, in ha)
[2012] 33000
[2014] 34000
Size in operation (production, in ha)
[2012] 29000
[2014] 32000
Comment on land area
The land under contract is comrpised of 30,000 individual land leases with varying lease maturities from 1 to 16 years.

Intention of investment

Intention of investment
Biofuels, Food crops
Comment on intention of investment
The company web site shows that OSR and maiz are used in the production of oils, bio-fuel and for animal/livestock feed.

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
[2006] Concluded (Contract signed)
Comment on negotiation status
- 30,000 individual land leases. - Continental Farmers Group plc began to lease land in 2006. - The durations of lease agreements are between 1 to 16 years.

Implementation status

Implementation status
In operation (production)

Number of total jobs created

Jobs created (total)
Yes
Current number of employees (total)
15
Current number of daily/seasonal workers (total)
[2016] 500
Comment on jobs created (total)
Team of over 15 staff working oppurely on land aquisition and lease renewals.

Operating company

Comment on investment chain
In 2013, CFG was acquired by United Farmers Holding Company (‘UFHC’), which is owned by a consortium of Almarai Company, Saudi Agriculture and Livestock Investment Company (‘SALIC’) (Owned by the Public Investment Fund of the Kingdom of Saudi Arabia) and Saudi Grains and Fodder Holding LLC (‘SGAF’) (Owned by the Saudi Al Rajhi Group).

 

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Data source #1

Data source type
Company sources
File
Comment on data source
Updated 21.01.2016

Data source #2

Data source type
Company sources
File
Comment on data source
Updated 21.01.2016

Data source #3

Data source type
Company sources
File
Comment on data source
Updated 21.01.2016

Data source #4

Data source type
Media report
File
Date
2015-05-08

Data source #5

Data source type
Other (Please specify in comment field)
File
Date
2016-01-01
Includes in-country-verified information
Yes
Comment on data source
Ukrainian agrimedia are collecting data about agroholdings

Consultation of local community

Community consultation
Free, Prior and Informed Consent (FPIC)
Comment on consultation of local community
According to the company website, the Group typically meets with community members at the village hall to discuss and negotiate the terms of the leases, so as to reach a collective decision with the community. members.

Former land owner (not by constitution)

Former land owner
State
Private (smallholders)

Former land use

Former land use
Smallholder agriculture

Former land cover

Former land cover
Cropland

Detailed crop, animal and mineral information

Crops area
Barley, Corn (Maize), Potatoes, Rapeseed, Sugar beet, Wheat

Use of produce

Has domestic use
Yes
Has export
Yes
Country 1
Russian Federation
Country 2
Bosnia and Herzegovina
Country 3
Romania
Comment on use of produce
The company sells its crops to customers in Ukraine, Russia and certain EU markets. Also it Macedonia.

Overall comment

Overall comment
The Irish company Origin Enterprises plc (majority owned by Swiss/Irish food company Aryzta) was a substantial shareholder of Continental Farmers Group plc, but in 2013 CFG was acquired by United Farmers Holding Company (‘UFHC’), which is owned by a consortium of three Saudi Arabian entities.

Dec. 16, 2016, 10:06 a.m.

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Nov. 30, 2016, 1:04 p.m.

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March 10, 2016, 9:36 p.m.

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Jan. 21, 2016, 2:19 p.m.

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May 6, 2014, 7:11 p.m.

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Jan. 9, 2014, 12:47 p.m.

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Feb. 15, 2013, 5:01 p.m.

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