Deal #5855

Ukraine
Created at
2017-12-01
Last update
2022-04-06
Last full update
2022-04-06

Land area

Size under contract (leased or purchased area)
  • [2012] 4100 ha
  • [2016] 3403 ha
  • [2017] 3403 ha
  • [2022, current] 3122 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
As of 2022, the operating company has 1652 lease agreements.

Negotiation status

Negotiation status
  • [2017] Concluded (Contract signed)
  • [2018] Concluded (Change of ownership)
  • [current] Concluded (Contract signed)
Comment on negotiation status
The first original lease, between smallholder and the company, was signed in 2008. Another one was signed in 2014. The Company sold to another investor in 2018. According to UA legislation duration of the land lease agreement should be at least 7 years so part of land lease agreements could be prolonged automatically.

Implementation status

Implementation status
  • [2017] In operation (production)
  • [2018, 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