Agroton

What Agroton does

Agroton Public Limited is a publicly listed, vertically integrated agricultural producer headquartered in Kyiv, Ukraine, and incorporated in Cyprus. Founded in 1992, the company operates across three integrated product lines: crop cultivation (notably wheat and sunflower), livestock production (poultry, pork, and dairy cattle), and food production (bakery), supported by ~235,000 tonnes of crop storage capacity. Historically it held leading market positions, including #1 sunflower producer in Ukraine, #4 wheat producer in Ukraine, #1 crops storage operator and #1 poultry producer in Luhansk region, and #5 milk producer nationally.

The company's revenue model is the sale of agricultural commodities and food products through direct B2B channels to processors and commodity buyers; pricing is not publicly disclosed and operates as a one-time sale per shipment rather than recurring contracts. The asset base is entirely physical — cultivated farmland, livestock herds, storage elevators, and bakery facilities — with no disclosed software, AI, or digital product layer. Capital structure features a concentrated 87.49% insider ownership by founder/CEO Iurii (Yuriy) Zhuravlov, with a 12.51% free float on the Warsaw Stock Exchange.

The defining strategic event in Agroton's recent history is the loss of approximately 110,000 hectares of farmland following Russia's full-scale invasion of Ukraine in 2022, which reduced the company to a fraction of its pre-war scale. Recovery began with the December 2025 acquisition of Mriya LLC from Kernel, adding approximately 14,000 hectares in Kharkiv region and bringing the post-war land bank to roughly 21,500 hectares. The most recent disclosed financial figure is USD 76 million in 2008 revenue (with USD 22 million EBITDA); no audited post-2022 revenue is available in the source data.

Name

Agroton

Legal name

Agroton Public Limited

Website

https://agroton.com.ua

Company type

Public

Founded year

1992

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Agroton Public Limited is a vertically integrated Ukrainian agricultural producer cultivating wheat, sunflower, livestock, and bakery products, historically operating a ~110,000-hectare land bank from which it lost ~84% following Russia's 2022 invasion and is now rebuilding via acquisition.

Ownership category

akta.pro rank

Product category

Agricultural Production

NAICS

Oilseed and Grain Farming (1111), Wheat Farming (11114), Corn Farming (11115), Oilseed (except Soybean) Farming (111120), Poultry and Egg Production (1123)

SIC

Agricultural Production-Crops (100), Agricultural Prod-Livestock & Animal Specialties (200), Poultry Slaughtering And Processing (2015)

akta.pro primary industry

Grain Handling & Farmgate Services (Retailer/Co-op Adjacent) (AFABAJAN)

Keywords

• Crop production
• Livestock farming
• Agricultural commodities
• Bakery production
• Grain storage

Headquarters

HQ city

Kyiv

HQ country

Ukraine

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Infrastructure, Technology or R&D, Others

Revenue model

1. Agricultural Production and Sales: Agroton generates revenue through the cultivation and sale of agricultural commodities including wheat and sunflower, as well as livestock products (pork, poultry) and food production (bakery). The company also operates crops storage facilities generating additional revenue.

Distribution channels1 record

Marketing channels1 record

Core offering

Agroton is a vertically integrated agricultural producer in Eastern Ukraine that cultivates and sells crops (wheat on approximately 50,000 hectares and sunflower on approximately 48,000 hectares as primary crops, plus corn, rapeseed, barley, and other oilseeds and grains), operates livestock operations (poultry with about 4,000,000 hens, pork, and dairy with 4,500 cattle heads), produces bakery products (about 7,000 tonnes per year), and controls crop storage facilities with 235,000 tonnes of capacity.

Product overview

Agroton is a diversified vertically integrated agricultural producer in Eastern Ukraine offering an integrated portfolio of three core product lines: Crops Production (wheat, sunflower, corn, rapeseed cultivated across tens of thousands of hectares with the company being Ukraine's number 1 sunflower producer and number 4 wheat producer), Livestock Operations (poultry, pork, and dairy cattle farming, with the company being Luhansk region's top poultry producer and Ukraine's fifth-largest milk producer), and Food Production (bakery products). These operations are supported by integrated storage facilities with 235,000 tonnes capacity, making it the leading crops storage operator in Luhansk region.

Differentiator

Problem solved

Functional benefit

Products and services

• Crops Production Large-scale cultivation and sale of agricultural crops including wheat (approximately 50,000 hectares), sunflower (approximately 48,000 hectares), corn, rapeseed, barley, and other grains and oilseeds across the company's farmland in Eastern Ukraine. Intended for sale to commodity buyers and processors.
• Livestock Operations Integrated livestock farming covering poultry production (approximately 4,000,000 hens, the largest poultry operation in Luhansk region), pork production, and dairy cattle farming (4,500 heads, ranking among the largest milk producers in Ukraine). Output is sold to buyers and processors.
• Food Production Bakery production operations producing approximately 7,000 tonnes of bakery products per year, making Agroton the number 2 bakery producer in Luhansk region. Output is sold to regional buyers.
• Crops Storage Facilities Crop storage infrastructure with 235,000 tonnes of storage capacity, operated by Agroton as the number 1 crops storage operator in Luhansk region. Supports the company's own crop operations and provides commercial storage capabilities.

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered major and minor.

• KernelmajorStrategic or Co-development Partner · 1 December 2025Agroton acquired Mriya LLC, a subsidiary of Kernel, gaining control over approximately 14,000 hectares of agricultural land in Kharkiv region. The transaction, completed in December 2025, expanded Agroton's total land bank to approximately 21,500 hectares, marking a significant step in Agroton's recovery after losing its previous land bank of around 110,000 hectares following Russia's full-scale invasion.
• The Bank of New York MellonminorOthers · 1 November 2009The Bank of New York Mellon served as depositary bank for Agroton's Global Depositary Receipts (GDRs) issued at a ratio of 1:1 to company shares for the October 2009 private equity placement.

Scale indicators12 records

Recent moves9 records

Expansion highlights3 records

Emerging players

• Ovostar Union: Ukrainian vertically integrated egg and poultry producer listed on the WSE. Comparable in the poultry/livestock component of Agroton's operations and in WSE-listing access to capital.

Broad incumbents

• Bunge Limited: Global agribusiness and oilseed processor with significant presence in Ukrainian sunflower origination and crushing. Comparable to Agroton as a buyer/processor of sunflower and grains, providing a downstream-of-producer perspective and competitive demand.
• Cargill: Global agricultural commodities trader active in Ukrainian grain and oilseed markets. Comparable to Agroton as a major commercial counterparty and competitor for Ukrainian sunflower/wheat export flows.

Direct peers

• IMC (Industrial Milk Company): Ukrainian crop and dairy producer with grain storage operations, publicly listed in Warsaw. Overlaps with Agroton in crop production, dairy farming, and storage infrastructure, with similar scale and Eastern/Western Ukrainian footprint.
• Kernel Holding: Ukraine's largest grain and oilseed producer and the seller of Mriya LLC to Agroton in 2025. Directly comparable in oilseed/sunflower cultivation, grain handling, and storage, with overlapping operating geographies in Eastern Ukraine.
• KSG Agro: Vertically integrated Ukrainian agricultural group focused on crop production, livestock (pork), and storage, listed on the WSE. Comparable to Agroton in diversified crop-and-livestock model and WSE listing.
• Astarta-Kyiv: Ukrainian agricultural holding with operations in crop production, sugar beet processing, dairy cattle, and grain storage. Comparable to Agroton in vertical integration across crops and dairy, and in public-listing status on WSE.
• MHP (Mironivsky Hliboproduct): Vertically integrated Ukrainian poultry and grain producer listed on the LSE/WSE. Closely comparable to Agroton in combining large-scale crop cultivation with poultry operations and storage infrastructure in Ukraine.
• Ukrainian Agrarian Investments: Private Ukrainian agricultural producer operating a large land bank with grain and oilseed cultivation and storage. Comparable to Agroton in operating model (large-scale Eastern Ukrainian row-crop producer with storage).

Regional players

• Agrokultura AB: Swedish-listed agricultural producer with operations in Russia, Ukraine, and Belarus in grains and oilseeds. Comparable in crop production focus but operates in a different regional footprint, illustrating cross-border investor approaches to Eastern European farmland.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/agroton-public-ltd

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

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 Agroton