Deal #5845

Ukraine
Created at
2017-11-30
Last update
2022-08-01
Last full update
2022-08-01

Land area

Size under contract (leased or purchased area)
  • [2012] 4000 ha
  • [2016] 3579 ha
  • [2022, current] 3639 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
In 2022, there are approximately 1947 lease agreements.

Negotiation status

Negotiation status
  • [2017] Concluded (Contract signed)
  • [2018] Concluded (Change of ownership)
  • [2021, current] Concluded (Change of ownership)
Comment on negotiation status
The original lease between smallholders and the company was signed before, but the exact year is unknown. Kernel Group took over the OC in 2017 and then sold it to Casique Limited. In 2021, the company was acquired by Alpha-Capital company. According to UA legislation duration of the land lease agreement should be at least 7 years. Some part of land lease agreements could be prolonged automatically.

Implementation status

Implementation status
  • [2017, current] In operation (production)
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.

Contract farming

Contract farming
No