Please note: you are viewing an old version of this deal. The current version can be found here: Deal #4595

Deal #4595 Version #68571

Ukraine
Created at
2015-02-24
Last update
2017-04-25
Last full update
2022-07-20

Land area

Intended size
120 000 ha
Size under contract (leased or purchased area)
  • [2008] 2000.0 ha
  • [2012] 45000.0 ha
  • [2016, current] 50000.0 ha
Size in operation (production)
  • [1998] 2000.0 ha
  • [2008] 27000.0 ha
  • [2013] 40275.0 ha
  • [2015] 45473.0 ha
  • [2016, current] 48500.0 ha
  • [2014] 43400.0 ha
Comment on land area
In the end of year 2015 - under control was 50000, in operation - 48500 ha

Intention of investment

Intention of investment
  • [current] Food crops, Livestock

Nature of the deal

Nature of the deal
Lease
Comment on nature of the deal
the company "has entered into, or acquired, commercial lease agreements for land" (Company report 2013:43); it leases land "from small landowners" (p. 6) but has also "acquired a number of farms in the Poltava region" (p. 14)

Negotiation status

Negotiation status
  • [current] Concluded (Contract signed)
Comment on negotiation status
several agreements (see comment above)

Implementation status

Implementation status
  • [1998] Startup phase (no production)
  • [current] In operation (production)
Comment on implementation status
the project was already started under the former ownership structure

Leasing fees

Comment on leasing fee
"The amount of lease payments is subject to renegotiation on an annual basis. At the end of each of the lease terms, the lessee has the right to renew the lease agreements" (Company report 2013:43)