Deal #5825

Ukraine
Created at
2017-11-27
Last update
2022-08-12
Last full update
2022-08-12

Land area

Size under contract (leased or purchased area)
  • [2012] 500 ha
  • [2016] 114 ha
  • [2017, current] 114 ha

Intention of investment

Intention of investment
  • [current] Food crops

Nature of the deal

Nature of the deal
Lease
Comment on nature of the deal
In 2022, there are no signed land lease contracts.

Negotiation status

Negotiation status
  • [2017] Concluded (Contract signed)
  • [2019] Concluded (Change of ownership)
  • [2020, current] Failed (Contract cancelled)
Comment on negotiation status
The first original lease, between smallholders and the company, was signed in 2007. In 2017, was acquired by Kernel holding. In 2019, changed its owner to a domestic investor but in 2020 was already dissolved with no legal assignee.

Implementation status

Implementation status
  • [2007] In operation (production)
  • [2020, current] Project abandoned
Comment on implementation status
Land was in operation before 2000, but not large scale. Project was operational when the new investor took the land over.

Leasing fees

Comment on leasing fee
In 2011, the annual leasing fee was assigned to be 1.5 % out of estimated value of the specific land plot