Deal #4595
Ukraine
Created at
2015-02-24
Last update
2022-07-20
Last full update
2022-07-20
Land area
Intended size
120 000 ha
Size under contract (leased or purchased area)
- [2008] 2000 ha
- [2012] 27800 ha
- [2020, current] 25000 ha
Size in operation (production)
- [1998] 2000 ha
- [2008] 27000 ha
- [2013] 40275 ha
- [2014] 43400 ha
- [2015] 45473 ha
- [2016, current] 48500 ha
Comment on land area
In the end of year 2015 - under control was 50 000, in operation - 48500 ha; According to the website Agroxy: 1) 23234.4 ha {2018} -Vinnytska region; 2) 45075.2 ha {2018} - Pyriatyn. In 2020, the whole Group contracted 57 000 hectares. As this is a parent deal representing the South cluster, the contracted area represents the part of the landbank that does not belong to Chernihiv (deal 9547) or Poltava clusters (deal 9548). Size in operation refers to the whole Group indicators.
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
- [2008, current] Concluded (Contract signed)
Comment on negotiation status
The Group was acquired by a foreign investor in 2008.
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)