Ukrzernoprom Agro Plans IPO in 2010-2011
1 October 2008
Ukrzernoprom Agro, one of the largest Ukrainian harvesters of rapeseed, has announced plans to conduct an IPO in 3-4 years. According to Interfax, First Deputy Chairman Yevgeniy Leng did not disclose any potential parameters for the placement. Ukrzernoprom Agro has 16 agricultural farms in 10 Ukrainian regions with total land under lease of more than 70 ths ha. It has a total daily production capacity of 700 mt of baked goods and 400 mt of flour. Ukrzernoprom Agro is Ukraine’s fourth-largest baked-goods producer with a 3% market share in 2006.
