Agroterra

AgroTerra is one of the Russian crop companies. AgroTerra cultivates land in the Kursk, Lipetsk, Tambov, Tula, Oryol, Penza and Ryazan regions. Cultivated crops: wheat, soybeans, rapeseed, sugar beets, corn. The safety of products is ensured by 18 bases and elevators with a total capacity of more than 500 thousand tons. AgroTerra employs 2,000 people.

History

2024

Appointment of Alexei Marenkov as CEO

In early May 2024, it became known about the appointment of Alexei Marenkov as the new general director of Agroterra instead of Anna Kravchenko, who headed the company since 2016. The change of leadership of the agricultural holding took place less than a month after the management of it passed to the Federal Property Management Agency. Previously, control over the group belonged to the American investment company NCH Capital. Read more here.

Transition under the management of the Federal Property Management Agency

The President Russia Vladimir Putin signed a decree, which transferred Rosimushchestvo the assets of the AgroTerra agricultural holding to temporary management. The corresponding document was published on April 8, 2024.

It follows from it that, in accordance with the order of the head, the states Federal Property Management Agency received shares in the following four companies:

• Capital AgroFinance LLC (99 and 1% owned by AgroTerra Investments B.V. and Agro Investments Limited, respectively);
• AgroTerra LLC (99, 0.9 and 0.1% owned by AgroTerra Holdings B.V., Agro Holdings Limited and Capital AgroFinance LLC, respectively);
• AgroSistema-Regions LLC (50.1 and 49.9 owned by AgroSistema LLC and NAP Finance B.V., respectively);
• AgroSistema LLC (50.1 and 49.9% owned by AgroSistema-Regions LLC and NAP Finance B.V., respectively).

Unsplash

The decree on the transfer of the holding's assets to the temporary management of the Federal Property Management Agency comes into force from the moment of its publication. As of April 2024, AgroTerra grows and supplies agricultural products (wheat, soybeans, corn and sunflower hybrids) to enterprises. The actual owner of the Russian group is the Dutch holding.

AgroTerra operates in accordance with Russian law, and from the point of view of operational activities, we continue to work as before. Now the most important thing for us all is the sowing campaign, - said AgroTerra.

By April 2024, the holding unites 24 farms in the Tula, Ryazan, Penza, Kursk, Tambov, Lipetsk and Oryol regions, elevators with a total capacity of more than 500 thousand tons. AgroTerra is engaged in the cultivation, storage and sale of crops: soybeans, wheat, sugar beets, sunflower, rapeseed. According to the audit and consulting company BEFL, AgroTerra is one of the top 20 largest agricultural holdings in Russia in terms of the area of ​ ​ cultivated land - 265 thousand hectares.

Decree of the President of the Russian Federation of April 25, 2023 No. 302