Deal #1034

Location

Location #1

Spatial accuracy level
Administrative region
Location
Vinnytsia, Vinnyts'ka oblast, Ukraine

Target country
Ukraine

Location #2

Spatial accuracy level
Administrative region
Location
Cherkasy, Cherkas'ka oblast, Ukraine

Target country
Ukraine

Location #3

Spatial accuracy level
Administrative region
Location
Kyyiv, Kyiv city, Ukraine

Target country
Ukraine

Location #4

Spatial accuracy level
Administrative region
Location
Zhytomyr, Zhytomyrs'ka oblast, Ukraine

Target country
Ukraine
General info

Land area

Size under contract (leased or purchased area, in ha)
[2013] 50000
[2017] 27500
[2017] 9000
Comment on land area
This deal is splited on a few other deals - #5737, 5738, 5739, 5740, 5741, 5742, 5743, 5744. For 9000 ha we cannot to split it. Perhaps, 8 farms just increasd their land banks

Intention of investment

Intention of investment
Food crops, Livestock, Agriculture unspecified

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
[2006] Concluded (Contract signed)
[2017] Change of ownership
[2006] Concluded (Contract signed)
Comment on negotiation status
In 2006, MK Group began to acquire agricultural land in Ukraine. In 2017 Agro Invest was bought by Kernel Group with all its property rights. Some part of contracts could be automatically prolonged after change of investor in 2017.

Implementation status

Implementation status
In operation (production)

Contract farming

Contract farming
No
Investor info

Operating company

Operating company
Agro Invest Ukraine (#35575)

 

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Data sources

Data source #1

Data source type
Media report
URL
http://farmlandgrab.org/post/view/18626
File
Date
2011-05-16

Data source #2

Data source type
Media report
URL
http://latifundist.com/novosti/35481-kernel-poluchil-razreshenie-ot-amku-na-priobretenie-10-predpriyatij
File
Date
2017-05-03

Data source #3

Data source type
Government sources
URL
http://www.amc.gov.ua/amku/control/main/uk/publish/article/134687
File
Date
2017-05-03

Data source #4

Data source type
Media report
URL
http://interfax.com.ua/news/economic/434098.html
File
Comment on data source
Acquisition by Kernel Group

Data source #5

Data source type
Media report
URL
http://wire.seenews.com/news/serbias-mk-group-to-build-15-mln-euro-silo-in-ukraine-media-358080
File
Date
2013-06-07

Data source #6

Data source type
Company sources
URL
http://www.mkgroup.rs/eng/page/84/59/Fields-of-Operations/Agriculture/Agriculture-in-Ukraine
File
Comment on data source
Accessed: 25.01.2016

Data source #7

Data source type
Company sources
URL
http://www.agroinvest.com.ua/index.html?locale=en
File
Comment on data source
Accesseed: 25:01:2016

Data source #8

Data source type
Company sources
URL
http://www.agroinvest.com.ua/news.html?n=114#3
File
Comment on data source
On renovation of pre-school

Data source #9

Data source type
Company sources
URL
http://www.agroinvest.com.ua/news.html?n=116
File
Comment on data source
On CSR initiative

Data source #10

Data source type
Media report
URL
http://www.blackseagrain.net/data/news/ebrd-investments-will-allow-agro-invest-ukraine-to-increase-land-bank-to-100-th-ha
File
Date
2013-07-17

Data source #11

Data source type
Media report
URL
https://www.ebrd.com/work-with-us/projects/psd/ukraine-kernel-group.html
File
Date
2018
Comment on data source
Project Summary Documents about loan to Kernel Group; information from the EBRD's website.
Local communities / indigenous peoples

Promised benefits for local communities

Promised benefits for local communities
Health
Education
Other
Comment on promised benefits for local communities
According to the company webpage, the renovated a formally non-functioning pre-school in the village Bohdanivka, Yagotynsky district, Kyiv region. Furthermore, in 2014 the company created the program "Emergency service Agro Invest Ukraine caring about people». As part of this initiative they refurbished paramedical stations, purchased and equipped four ambulances, one for each regional offices, and organized the call-center to coordinate the work of doctors and drivers.
Former use

Former land owner (not by constitution)

Former land owner
Private (smallholders)
Private (large-scale farm)

Former land use

Former land use
Commercial (large-scale) agriculture
Smallholder agriculture

Former land cover

Former land cover
Cropland
Produce info

Detailed crop, animal and mineral information

Crops area
Corn (Maize), Sugar beet, Sun Flower, Wheat
Livestock area
Cattle, Dairy Cattle

In country processing of produce

In country processing of produce
Yes
Processing facilities / production infrastructure of the project (e.g. oil mill, ethanol distillery, biomass power plant etc.)
Elevator
Overall Comment

Overall comment

Overall comment
Previously, the Secondary investor was MK Group (Serbia).
History (12 versions)

April 16, 2020, 3:35 p.m.

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Nov. 29, 2019, 5:53 p.m.

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Dec. 22, 2017, 10:46 a.m.

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Nov. 13, 2017, 2:37 p.m.

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Sept. 26, 2017, 6:29 p.m.

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Sept. 18, 2017, 4:27 p.m.

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May 19, 2017, 6:25 p.m.

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Jan. 25, 2016, 1:01 p.m.

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Jan. 14, 2014, 4:47 p.m.

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Jan. 14, 2014, 2:50 p.m.

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

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