Astarta–Kyiv

What Astarta–Kyiv does

Astarta-Kyiv is a vertically integrated Ukrainian agro-industrial holding founded in 1993 and publicly listed on the Warsaw Stock Exchange under ticker AST since 2006, with corporate parent Astarta Holding PLC registered in Cyprus. The company manages approximately 212,000 hectares of agricultural land across Poltava, Vinnytsia, Khmelnytskyi, and Ternopil regions, operating six integrated business segments: crop production (grains, oilseeds, sugar beets, organic crops), sugar manufacturing, soybean processing, cattle farming and dairy, bioenergy, and grain storage/elevators. Astarta is Ukraine's largest sugar producer with approximately 21% domestic market share and 362kt of sugar produced in 2025, alongside 229kt of soybean crushing and 122kt of milk from a 29,000-head dairy herd.

The company generates revenue primarily through B2B commodity sales of sugar, grains, oilseeds, soybean meal and oil, and dairy products to domestic food processors and international commodity traders. In 2025, consolidated revenue reached EUR 472m, with exports of EUR 294m representing 62% of the total and directed primarily to MENA, EU, and other international markets. Its proprietary AgriChain digital platform—developed in-house since 2017—provides integrated land management, satellite-based crop monitoring (AgriChain Scout), machinery fleet tracking (AgriChain Machinery), warehouse management (AgriChain Barn), and a specialized milk quality control module. The company employs approximately 7,000 workers and has continued operations through wartime conditions, with procurement relationships spanning contracted farmers (for sugar beets) and strategic third-party suppliers (61% of soybean processing volumes).

Recent strategic activity includes a USD 76 million oilseed processing plant announced for Khmelnystia region in 2025 targeting 400,000 tonnes/year capacity and 2026 commissioning, plus cumulative debt financing of approximately USD 40 million from EBRD (2023) and PrivatBank (2024) for modernization and energy efficiency. The company maintains extensive ESG credentials including EcoVadis Silver Medal, UN Global Compact membership since 2008, GRI-standard sustainability reporting since 2017, and a Sustainalytics ESG risk ranking of 38.6 (ranked 2nd of 89 in the agriculture subindustry). Founder and CEO Viktor Ivanchyk was named 2022 UN SDG Pioneer.

Name

Astarta–Kyiv

Legal name

Astarta Holding PLC

Website

https://astartaholding.com

Company type

Public

Founded year

1993

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Astarta-Kyiv is a vertically integrated Ukrainian agro-industrial holding managing ~212,000 hectares of farmland, producing sugar (Ukraine's largest, ~21% market share), soybeans, grains, and dairy for domestic and export B2B customers across MENA and EU markets.

Ownership category

akta.pro rank

Product category

Agricultural Commodities and Processing

NAICS

Oilseed and Grain Farming (1111), Soybean and Other Oilseed Processing (311224), Corn Farming (11115)

SIC

Agricultural Production-Crops (100), Agricultural Prod-Livestock & Animal Specialties (200)

akta.pro primary industry

Sweetener & Stimulant Specialty Crop Farming (Stevia, Guarana, Kola) (AFAGAGAM)

akta.pro secondary industry

Tofu, Tempeh & Traditional Soy Foods Manufacturing (AFAKAGAD)

Keywords

• Sugar production
• Crop production
• Soybean processing
• Dairy farming
• Agro-industrial holding

Headquarters

HQ city

Kyiv

HQ country

Ukraine

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Sugar Production: Production and sale of sugar and sugar by-products. Astarta is Ukraine's largest sugar producer with ~21% domestic market share. Sugar production totalled 362kt in 2025 with segment revenues of EUR 147m. Primary export markets include MENA region.
2. Agriculture (Crop Production): Cultivation and sale of agricultural commodities including grains, oilseeds (sunflower, rapeseed), soybeans, sugar beets, and organic crops across ~212k ha of managed land. Segment contributed 32% of consolidated revenues in 2025 (EUR 149m).
3. Soybean Processing: Crushing and processing of soybeans at 230kt annual capacity. Revenues of EUR 112m in 2025 with 89% export share. Strategic third-party procurement accounts for 61% of processed volumes.
4. Cattle Farming / Dairy: Milk production with average annual herd of 29k heads producing 122kt of milk annually (2025). 99% graded 'extra quality'. Also includes meat production. Segment revenues EUR 56m in 2025.
5. Bioenergy: Production of biogas and bioenergy from by-products of sugar production and other industry waste at own complexes, including cogeneration facilities (TEP) at bioenergy plants.
6. Grain Storage / Elevators: Storage and logistics services through elevator facilities supporting the company's agricultural production and commodity trading operations.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Astarta–Kyiv is a vertically integrated agro-industrial holding that cultivates ~212,000 hectares of agricultural land in Ukraine and operates sugar manufacturing, soybean crushing, dairy/cattle farming, bioenergy production, and grain storage/elevator services. It produces and sells white sugar, grains and oilseeds, soybean meal and oil, milk, organic crops, and biogas to domestic and international buyers.

Product overview

Astarta-Kyiv is a vertically integrated agro-industrial holding with eight business segments spanning agricultural production, sugar manufacturing, soybean processing, cattle farming, bioenergy, and grain storage. The company operates approximately 212,000 hectares of agricultural land and is Ukraine's largest sugar producer. Its product portfolio centers on Sugar and Sugar By-products (350,000–500,000 tonnes annual capacity), Grains and Oilseeds (wheat, sugar beets, soybeans, sunflower, rapeseed, corn, organic crops), Soybean Crushing Products (230,000 tonnes annual capacity), Cattle Farming Production (126,000 tonnes milk annually), Organic Products, Bioenergy (biogas from agricultural waste), and Silos/Elevators. The proprietary digital platform AgriChain (with modules AgriChain Machinery, AgriChain Scout, and AgriChain Barn) underpins field-level agronomic management across all production segments.

Differentiator

Problem solved

Functional benefit

Brands

• AgriChain: In-house IT company creating digital agritech solutions for agribusiness management including AgriChain Machinery, AgriChain Scout, and AgriChain Barn modules.

Products and services

• Sugar and Sugar By-products White crystalline sugar and related sugar by-products manufactured from sugar beet processing. Astarta is Ukraine's largest sugar producer with ~21% domestic market share and annual production capacity of 350,000–500,000 tonnes. Sold to food processors and exporters.
• Grains and Oilseeds Agricultural crop production including winter wheat, sugar beets, soybeans, sunflower, rapeseed, corn, and organic crops cultivated across ~212,000 hectares. Segment contributed EUR 149m revenue in 2025. Sold to domestic and export buyers.
• Soybean Crushing Products Soybean processing segment with annual crushing capacity of 230,000 tonnes, producing soybean meal, soybean oil, and other soy-derived products for the feed and food industries. EUR 112m segment revenue in 2025 with 89% export share.
• Dairy and Cattle Farming Production Dairy farming operations with an average annual herd of 29,000 heads producing approximately 126,000 tonnes of milk annually, with 99% graded 'extra quality'. Also includes meat production. Segment revenue EUR 56m in 2025.
• Bioenergy

Quantifiable outcome

• Sugar production of 362kt representing 21% domestic market share in Ukraine
• +6 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature5 records

Partnerships

Twelve partnerships are on record, tiered core, major and minor.

• Charitable Foundation 'Believe in Yourself' (БФ 'Повір у себе')coreStrategic or Co-development Partner · 1 March 2022Co-founder of the Common Help Ukraine humanitarian project alongside Astarta. The foundation, established by Viktor and Iryna Ivanchyk's family, works with Astarta to coordinate humanitarian aid distribution across Ukraine through 8 regional hubs.
• UN World Food Programme (WFP)majorGTM or Marketing PartnerAstarta cooperates with the UN World Food Programme for humanitarian food delivery to populations affected by the conflict, delivering an estimated USD 41.2m in humanitarian aid through the Common Help Ukraine platform.
• Swiss State Secretariat for Economic Affairs (SECO)majorStrategic or Co-development PartnerSECO funded the Quality FOOD Trade Programme, under which Astarta's dairy farm participated in a pilot digitization project implementing the Raw Milk Control Programme with Milk Module software, in partnership with FiBL Switzerland and SAFOSO.
• Research Institute of Organic Agriculture (FiBL) SwitzerlandminorStrategic or Co-development PartnerFiBL Switzerland led the Quality FOOD Trade Programme alongside SAFOSO, implementing the Raw Milk Control Programme with Milk Module software at Astarta's dairy farm under SECO funding.
• Pact Ukraine / Government of CanadaminorStrategic or Co-development PartnerThe 'Wings' project started in 2020 with joint efforts from Pact Ukraine, Light of Hope, Astarta, and the Government of Canada, targeting women's professional development. Four united communities participated; 79 grants were awarded for business start-ups.
• Embassy of Switzerland in Ukraine / Deloitte UkraineminorStrategic or Co-development PartnerThe 'Smart-impuls for the Community' project was launched in 2019 in partnership with the Embassy of Switzerland and Deloitte Ukraine, focusing on community transformation and development in the Volochysk Community.
• Ministry of Social Policy, Family and Unity of UkrainecoreStrategic or Co-development PartnerSince 2023, Astarta has been a strategic partner of the Ministry of Social Policy in developing and implementing the Resilience Programme. The company supports 12 Resilience Centers that have been visited by over 60,000 people, offering free psychological assistance and psychosocial support to community residents.
• State Employment Service of Ukraine (Державна служба зайнятості)majorStrategic or Co-development PartnerAstarta and the State Employment Service jointly implement the 'Adult Intern Week' internship programme for people aged 50+, part of the 'Experience Matters' (Досвід має значення) project supported by the Ministry of Economy, Environment and Agriculture of Ukraine, Zhyttyelyub Charitable Foundation, and Federation of Employers of Ukraine.
• UNICEF Ukraine / WHO UkrainemajorGTM or Marketing PartnerAstarta participates in the National Resilience Forum organized by the Ministry of Social Policy together with the Coordination Centre for Mental Health of the Cabinet of Ministers, with support from UNICEF Ukraine and WHO Ukraine. These partnerships support the Resilience Centres initiative and broader humanitarian programming.
• International Labour Organization (ILO)minorGTM or Marketing PartnerAstarta cooperates with the ILO as part of its sustainability and humanitarian initiatives, aligning with the UN Global Compact labour principles and sustainable development goals.
• Federation of Employers of UkraineminorStrategic or Co-development PartnerPartner in the 'Experience Matters' project for employing people aged 50+, providing expert support and connecting with employer networks across Ukraine.
• Ukrainian Academy of LeadershipminorStrategic or Co-development PartnerPartner in the 'Uprise' leadership development project targeting rural youth, resulting in nearly 700 participants and 160 project designs, 53 of which were implemented.

Scale indicators16 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Kernel Holding: Ukraine's largest agro-industrial holding, listed on the Warsaw Stock Exchange, with integrated sunflower oil, grain, and infrastructure operations. Closely comparable to Astarta as a publicly traded, vertically integrated Ukrainian agro-industrial peer serving both domestic and export markets.
• MHP (Mironivsky Hliboproduct): Largest Ukrainian poultry producer and integrated agro-industrial holding, also listed on the WSE. Comparable to Astarta in scale (similar multi-segment agro model), Ukrainian operational footprint, and export orientation despite a poultry-led product mix.
• IMC (Industrial Milk Company): Ukrainian integrated agro-holding focused on crop production, dairy, and grain storage. Directly comparable to Astarta in crop/dairy integration model and Ukrainian operational base, though at smaller scale.
• Ukrlandfarming: One of the largest Ukrainian agro-holdings with operations spanning crop production, eggs, sugar, and livestock. Comparable to Astarta in broad agro-industrial scope and Ukrainian land footprint, though with a different product mix.

Broad incumbents

• Südzucker: Europe's largest sugar producer with diversified food/agri operations. A broad incumbent peer to Astarta's sugar segment, providing a benchmark for European sugar economics, though operating across a much wider portfolio of food and ethanol products.
• Tereos: Global French-headquartered sugar and ethanol cooperative with significant European beet-sugar operations. Comparable as a broad incumbent in the sugar segment where Astarta holds its most distinctive market position.
• Archer Daniels Midland (ADM): Global agricultural commodity trader and oilseed processor with major crushing capacity. A broad incumbent comparable to Astarta's soybean crushing segment and its 62% export-oriented commodity sales.
• Bunge Global: Global agribusiness and food company with one of the world's largest oilseed crushing networks. Comparable to Astarta's soybean processing segment and grain origination/sales capabilities, though operating at vastly greater scale.
• Cargill: World's largest privately held agricultural commodity trader with extensive oilseed crushing, grain trading, and animal nutrition operations. Comparable to Astarta across crop production, soybean processing, dairy feed, and export trading, though at a fundamentally different scale.
• Cosun: Dutch cooperative producing sugar, potato products, and bio-based ingredients across Europe. A broad incumbent sugar peer to Astarta's sugar segment, particularly relevant given the EU feed and food demand corridors Astarta serves.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCAU6RgR-F_4gd4QvQuYlkPQ
• Facebookfacebook.com/astartaholding
• Instagraminstagram.com/astartakyiv_holding
• Xx.com/astartakyiv

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries2 records

Funding overview

Funding rounds3 records

Investors5 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Astarta–Kyiv