Agroholding KSG Agro started reconstruction of the second stage of the pig farm for 58 thousand heads 

KSG Agro has started the reconstruction of the second stage of the pig farm in order to increase the production capacity to 58 thousand heads of a one-time content. This was reported by the press service of the company.

Agroholding KSG Agro has started the reconstruction of the second stage of the pig farm in the village. Niva Trudovaya (Apostolovsky district, Dnepropetrovsk region). The second stage includes 10 workshops and will increase the number of livestock by up to 58 thousand heads of one-time maintenance. Thus, after the commissioning of the second stage at full capacity, the total volume of sales of commercial livestock at the pig farm will reach 110-120 thousand heads per year.

Currently, reconstruction is underway and equipment has been supplied for the rearing shop, as well as 50% for six fattening shops. Reconstruction is underway, but the delivery of equipment for the insemination, waiting and farrowing shops is still expected.

“Conducting the reconstruction of the second stage will allow us to achieve the strategic goal of doubling the number of livestock at the pig farm, including at the expense of pigs of Canadian genetics GENESUS, which we introduce into the herd and, accordingly, the growth in sales of live pigs,” comments the Chairman of the Board of Directors of KSG Agro Sergei Kasyanov. – Due to the market turbulence in 2014 and the crisis of recent years in the pig breeding market, we have several times postponed the start of the second stage reconstruction project. However, in the last few years we have been working with positive results, in particular, in the first 9 months of this year, we achieved an increase in gross income by 43%, EBITDA by 10%, and gross profit by 8%. All this made it possible to form the financial resource necessary for expanding capacities.” ​

As previously reported, on August 5, 2021, KSG Agro received a notification filed in accordance with Art. 69 couples 2, paragraph 2 of the Law on Public Offer, Conditions for Placing Financial Instruments in Organized Trading Systems and Public Companies of the Republic of Poland, from the direct shareholder of the holding - OLBIS INVESTMENT LTD. SA on reducing the share in the total number of votes in KSG AGRO SA by more than 1%. The change in direct participation in voting occurred as a result of the sale of 1 million KSG Agro shares due to the conclusion of 2 civil law contracts on August 2, 2021. Until this information is received, OLBIS INVESTMENT LTD. SA owned 9.7 million shares of KSG AGRO SA which represented 64.62% of the share capital. After the sale, the company owns 8.7 million shares of KSG AGRO SA, which is 57.96% of the share capital.

KSG Agro is one of the leading agricultural holdings in Ukraine, a European innovative group of companies operating on the principle of vertical integration. The holding's shares are listed on the Warsaw Stock Exchange. KSG Agro is a member of the European Business Association (EBA), as well as the Association "Pig Breeders of Ukraine".

The main activity of the holding is the cultivation of land and the production of crops, as well as the pig business, for which Strong-Invest LLC is responsible. Since September 2014, KSG Agro has been implementing a development strategy, according to which the company is developing the most promising projects, primarily pig breeding, as well as crop production.