1, Lampousas st.
1095 Nicosia
Cyprus

| Sintal Agriculture, one of the largest crop producers in Ukraine, is pleased to announce its progress on crops harvesting campaign. As of November 28th, 2011, the company harvested 203,498t of crops out of 98% of its land bank. Cereals and oilseeds yields have improved by 23%-24% backed by better weather conditions and agrotechnology development. During 2010/11 season Sintal rebalanced its crop... |
[ 07.06.2011 ] Sintal completes spring sowing campaign 2011 |
| Sintal Agriculture(SNPS GR) is pleased to present results of sowing campaign. Company took strategic decision and shifted its crop rotation plan in favor of more profitable crops like sunflower, soy, rapeseed and corn. As of May, 20 Sintal completed 100% of its sowing campaign. Sintal planted 20 520ha of sunflower, 9 427ha of soy, 7 580ha of corn, 955ha of sugar beet etc. Sowing campaign was c... |
| Please find company's press release included Vadim Mogyla , CEO : We are delighted to publish IFRS management accounts for 1H2010. We look ahead that our new approach will provide investors with accurate understanding of Sintal’s performance and since now we are planning to release interim results on continuing basis. Income Statement Balance Sheet ... |
| Deloitte & Touche has released the report of consolidated financial statements for the year ended 31 December 2009. As a part of audit Deloitte & Touche has also restated consolidated financial statements for the year ended 31 December 2008 previously prepared by Baker Tilly. The full version of the report is available on the company's website under For Investors/Financial Reports ... |
| Sintal Agriculture is pleased to announce it has completed the winter sowing campaign, planting a total 45,829 hectares of winter crops, including 19,427 hectares of winter wheat, 16,384 hectares of winter rapeseed, and 10,018 hectares of winter barley. Sintal’s winter crops are in good condition. Temperatures were mild in late October and early November, which is favorable for winter crop sprou... |
[ 07.12.2010 ] Conference Agroresources-2010 |
| Vadim Mogyla, CEO of Sintal Agriculture took part in APK-inform conference "Agroresources-2010" which was held in Kiev on December,2-3. Mr. Mogyla gave a speech about "Agrarian business optimization based on precision farming technologies implementation" ... |
[ 19.10.2010 ] VTB Capital Investment Forum "Russia Calling" |
| Vadim Mogila, CEO of Sintal Agriculture, took part in the VTB Capital Investment Forum "Russia Calling" which was held in Moscow on 5-7th of October. Please find the presentation of the company here ... |
| Sintal Agriculture has completed its early crop harvest campaign for 2009/10, gathering 145,886t from 56,110ha of land, or 62% of the total cultivated area. Early crop yields, although still above this year’s averages in Sintal’s regions of operations, fell below management's initial expectations, as heavy rains in July delayed the harvest campaign. Unlike early crops, our technical (corn) and oi... |
[ 22.07.2010 ] Crops in the field |
| Check out the latest pictures of Sintal's crops on our website. Sunflower Soybeans Wheat Corn ... |
| Vadim Mogyla, Sintal Agriculture CEO, attended Adam Smith Conference - 6th Annual Ukrainian Investment Summit which was held on 17-19 May 2010 in London, UK. He took part in CEO Leadership panel with other top executives of dynamically growing companies in Ukraine. Mr. Mogyla was pleased to give speech about Sintal's targets and recent developments of the company. He underlined that company contin... |
| Sintal Agriculture is pleased to announce initiation of project with Intalev Company. As the result of the project Sintal will get automated management system with real-time management accounts (both under NAS and IFRS), budgeting system, controlling system that will be integrated with GPS mapping and machinery control systems, that are already in use. The group of the company specialists i... |
[ 15.03.2010 ] Sintal Agriculture launches elevator construction |
| Sintal Agriculture is pleased to announce construction works have begun on its grain elevator in Kharkiv region. In December 2009, Sintal approved the project design documentation and appointed the project’s chief contractor, leading Ukrainian construction firm Agro-Soyuz . Agro-Soyuz has been operating in Ukraine since 1991 and boasts a successful track record of 33 elevators constructed wit... |
[ 15.03.2010 ] Deloitte & Touche Ukraine was appointed as new auditor |
| Sintal Agriculture is pleased to announce the appointment of Deloitte & ToucheUkraine as the company’s new auditor. Under terms of the agreement, Deloitte will prepare Sintal’s annual audit for the year ended December 31, 2009 by August 2010. ... |
[ 15.03.2010 ] Spring sowing campaign: preparation under way |
| Sintal Agriculture plans to sow 37.1 ths ha with spring crops this year, which will bring the total cultivated area to 87.7 ths ha in 2010 (7% yoy growth), accounting only for existing land as of March 15. Preparations for field works, which are expected to start soon in Kherson region, are well under way . As usual, Sintal purchased the required fertilizer (11.5 ths tonnes of varying types) i... |
[ 25.01.2010 ] Sintal Agriculture GDR price update |
| Since the most recent placement in October 2009 Sintal Agriculture GDR price grew 21%. With an average daily trading turnover of EUR 12,400 over the past 3 months, Sintal has become the most liquid GDR among FSE-listed Ukrainian peers. The quotations were supported by BG Capital, who acted as corporate broker and provided firm bid and offer to the market on the continuous basis. Sintal ... |
| Sintal Agriculture is pleased to announce the successful completion of the 2008/09 harvest campaign in Kharkiv and Kherson regions with a total harvest of 323,000tonnes (mt) from an area of 82,000 hectares (ha). Sintal’s 2008/09 principal crop yields increased, or remained flat, compared with the previous year’s harvest. In spite of less favourable weather conditions, yields for our key crop... |
| During the reported period Sintal managed to increase main operational indicators and overall scale of the business. Sintal’s revenue grew by 142% yoy that was caused by 5-fold increase in land bank and 19.4% on average higher harvest yields. Gross revenue grew by 128% yoy implying gross profit margin of 35.2%. Profitability grew by 31 pp to 39.2% yoy, while net income (net of revaluation of bio... |
| Sintal Agriculture on October 20 finalized the private placement of a 17.2% equity stake. Depositary receipts were placed at US$ 2.28, which yielded proceeds of US$ 13mn and implied a company capitalization of US$ 75mn. The transaction involved the placement of 5.7mn depositary receipts, issued by Deutsche Bank (with a common stock to depositary receipt ratio of 1:700), which were listed on th... |
[ 22.05.2009 ] Spring sowing campaign |
| In the middle of March Sintal’s Kherson enterprises launched spring sowing campaign and the Kharkiv entities joined them 10-14 days later. The sowing campaign of the MY 2009-2010 was completed o n May 17 by Kharkiv entities of Sintal. Kherson enterprises finished sowing one week earlier. Sintal croppedthe planned 38.3 ths ha with spring soy, corn, peas, barley, sunflower, buckw... |
[ 22.05.2009 ] State of the winter sowings |
| All the sowings of winter wheat have successfully passed winter period and timely received the necessary amount of nitrogenous fertilizers for further growth. Spring droughts also didn’t harm the plants. As for today, all the winter crops are well developed and we expect the yields of winter wheat to come up to 5.2 mt/ha this year. ... |
[ 22.05.2009 ] Sugar production quota |
| As a result of competition process the Ministry of Agricultural Policy approved in its Order No. 178 Sintal’s Parkhomovsky and Kongresovskiy sugar plants among the 70 Ukrainian plants to produce 23 ths tons of sugar according to the A quota in the MY 2009. This year the company will process purchased sugar beets as the crop rotation plan was changed in favor of grain crops. ... |
[ 04.01.2009 ] Results of sugar production |
| Excellent quality of our sugar beets allowed Sintal to reach the highest sugar yield for the last 5 years, which amounts to 14.9%. The majority of the processed sugar beets were grown in-house. ... |
[ 04.01.2009 ] Harvesting results of the MY 2007/2008 |
| In November, all Sintal Agriculture’s entities completed harvesting campaign of the MY 2007/2008. Our yields grew on average by 30% yoy, and sugar beet yield even doubled to 44.8 t/ha. By the end of November Sintal’s entities harvested 26 ths ha of technical crops and 39 ths ha of early grain crops. The marketing campaign for all the crops is planned for the first quarter of 2009.... |
[ 17.11.2008 ] Sugar production underway |
| During the first month of operation, both of Sintal’s sugar plants produced 20 ths mt of sugar. Both plants are fully supplied with inputs to proceed with the production of another 7 ths mt of sugar as planned. According to our estimations, the sugar deficit in Ukraine could reach 700 ths mt this year, thus the price is expected to be higher, than last year. ... |
[ 11.11.2008 ] 56 ths ha of winter wheat sown |
| On October 20, Sintal Agriculture group completed its autumn sowing campaign of seed stock, superstock seeds, and first and second reproduction seeds. Compared to 14 ths ha of winter wheat in MY 2007/2008, Sintal increased its sown area fourfold this marketing year, with 56 ths ha cropped. In total, Sintal entities used 95% of their seeds. The other 21 ths ha, of the 77 ths we plan... |
[ 11.11.2008 ] Land bank growth |
| As of November 2008 Sintal increased its land bank in Kharkiv and Kherson regions by 3200 and 7800 respectively and concluded preliminary lease agreements for 27 ths ha more in order to reach the planned land bank of 116 ths ha by the end of 2008. ... |
[ 11.11.2008 ] China Agricultural Trade Fair – new business opportunities |
| From October 13 to 19th Sintal Agriculture CEO- Vadim Mogyla visited China Agricultural Trade Fair, where he conducted several meetings with government officials and business representatives. Mr. Mogyla considers Asia markets quite attractive as in terms of export opportunities so as in terms of machinery procurement. ... |
| Vadim Mogila, Sintal Agriculture’s CEO, spoke at the 7th international conference "Grain industry - 2008: market, investments, an infrastructure" held on October2-3, 2008 in Kiev His speech devoted to development of agroholdings in Ukraine and also their influence on the growth of competitiveness of the sector. Vadim Mogila has also pointed out the correlation between... |
| From September 2 to 9 th director of Sintal Agrotrade - Sergey Omelchenko and director of the Kozievsky farm - Alexander Naidenko participated have participated in a capacity building seminar in Brazil . In the framework of the seminar they got acquaintance with agricultural technologies and practices, applied in the country, visited pig-breeding and dairy farms so as sugar and bioe... |
[ 19.09.2008 ] Development of Sintal Agriculture’s vertical integration |
| In August 2008 the company has held the tender for construction of two grain elevators, with capacity 50 thousand tons each, in Zolochevsky and Bogoduhovsky districts in Kharkiv region. There were three bidders: Karlovsky engineering plant, Schmidt-Seeger LC ( Germany ), Corporation of grain systems - GSCOR (USA). The winner became GSCOR company, which has a huge experience of construc... |
| Before the beginning of a new season of sugar production, the hot test of Congressovsky and Parhomovsky sugar factories was conducted on September the 2 nd and 3 rd respectively. Both enterprises are ready to start processing of own sugar beets, which are gathering on Sintal Agriculture’s fields in Kharkiv region from September4. It is planned to process 90,5 thousand tons of own produ... |
[ 19.09.2008 ] Sintal Agriculture is fully supplied for autumn field works |
| All the units of Sintal Agriculture have finished purchases of combustive-lubricating materials, seeds, fertilizers and plant protectants, which are necessary to launch autumn field works. The company plans to sow 56,3 ths ha of winter wheat, 70% of which in Kherson region. The sowing campaign started on September 10 in Kherson and September 11 in Kharkiv regions. ... |
| On August 20 all Sintal Agriculture’s units have finished harvesting of early grain crops. The harvesting campaign brought Sintal 65 ths tons of wheat (average yield - 4,9 t/ha) and 77 ths tons of barley (average yield – 3,6 t/ha). Comparing with 2007, the average yields grew by 37%. The yields of peas grew by 44 % and made 2,8 t/ha. Moreover, on August 20 , on the irrigated fields in... |
| On August 22 , 2008 the Director General of the Land West company – Mikhail Korylkevych, was on a working visit in Sintal Agricluture. The Sintal’s project leader on exact agriculture - Pavel Gritchin, presented to Mikhail Korilkevich the general concept of the introduction of exact farming at the enterprise, so as introduced the colleague certain constituents of the given project: dev... |
[ 15.08.2008 ] MARKET NEWS |
| Ukrainian agri companies gathered 36.6 mln t of grains and leguminous plants as of Ministry of Agricultural policy data on August 8, 2008. Thereof 23.1 mln t of wheat, 0.69 mln t of rye, 12.04 mln t of barley, 0.48 mln t of peas and 2.85 mln t of rape. The average crop yield is 3.44 mt/ha. http://www.minagro.gov.ua/news/?pg=6528 ... |
[ 15.08.2008 ] COMPANY NEWS |
| On August 7 the Sintal Agriculture CEO Vadim Mogyla participated in a conference call with representatives of international investment funds as well as with Ukrainian agricultural market operators – MCB Agricole and Land West. The press coverage of the event you may find in our Press Coverage sector. ... |
[ 14.08.2008 ] COMPANY NEWS |
| On August 6, 2008 took place the press conference of the Sintal’s Agriculture CEO Vadim Mogyla and Concorde Capital’s CEO Igor Mazepa at the press-center of the UNIAN news agency (Kyiv, 4 Kreschatyk st.). The press coverage of the event you may find in our section Press coverage. ... |