Astarta Holding

Astarta Holding is one of Ukraine’s leading agro-industrial powerhouses, weaving together farming, food production, and innovation with a global outlook.

Founded in 1993 by Viktor Ivanchyk, the company started out in Kyiv and has since grown into a vertically-integrated holding that handles everything from crop cultivation to dairy & meat farming, sugar refining, soybean processing, grain storage, and even bioenergy.

Its operations are expansive: managing some 220,000 hectares of agricultural land across seven Ukrainian regions. Key crops include sugar beet, soybeans, rapeseed, wheat, corn, and sunflower. The company also runs a network of silos capable of storing over 560,000 tonnes at once.

When it comes to sugar, Astarta has refineries in Poltava, Vinnytsia, and Khmelnytsky, producing up to a few hundred thousand tonnes annually. It also has a large soybean-processing plant (“Globinsky”) exporting products to Europe, the Middle East, and the Far East. For dairy & meat, it is Ukraine’s largest industrial milk producer, producing over 100,000 tonnes of milk and about 2,600 tonnes of meat per year, with a herd of nearly 30,000 head of cattle.

Astarta doesn’t just farm and process — it’s also invested in embracing the future. In 2017 it spun off AgriChain, an in-house tech venture to digitize its agribusiness: land & crop monitoring, logistics, warehousing, inventory, etc., and even letting external agricultural firms use the system. They’ve also partnered with satellite-imaging platforms to better monitor fields.

On environmental & social fronts, Astarta is active in sustainable development: setting up ESG committees, publishing reports in line with global standards, working with international financial institutions, and pursuing bioenergy via biogas generated from sugar-beet waste. It also runs various social programmes — education, humanitarian aid (especially since the Russian invasion), community grants, psychosocial support, and regional entrepreneurship support.

In financials (2022): revenues of about €510 million, net income around €65 million, assets totaling ~ €708 million, and equity ~ €489 million.

Astarta’s impact on Ukraine’s economy is significant: over its public life, the company has contributed more than USD 2.64 billion (including taxes & fees), showing how agro-industrial firms can be pillars of national economic strength.

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