EkoNiva EcoNiva

The Russian-German enterprise EkoNiva - Technika Holding was founded in 1994. The company supplies the Russian market with modern agricultural machinery and equipment of the world's leading brands.

History

2023: Start of stock trading of dairy products

Russia's largest milk producer, Econiva, has begun exchange trading in dairy products. The press service of the company announced this on October 16, 2023.

On this day, the first stock auctions for the sale of raw whole cow's milk with loading into vehicles took place. As the basis of supply, the farms of the Econiva Group of Companies in the Bobrovsky and Liskinsky districts of the Voronezh Region were chosen. The minimum purchase volume is 720 tons on the terms of shipment for 30 days in uniform batches of 24 tons per day.

The first exchange commodity auctions for the sale of raw whole cow's milk with loading into vehicles took place

In addition, on October 16, 2023, commodity auctions were held for the sale of skimmed milk powder and butter with a fat content of 82.5% with the possibility of receiving goods by the buyer by road or rail. The basis of delivery is the site of the group partner, located in the Tula region. The minimum purchase volume for skimmed milk powder and butter is 20 tons.

Trading is organized on the National Commodity Exchange (NTB, part of the Moscow Exchange group) and will be held online in the format of exchange commodity auctions.

Unlike the finished dairy market, the raw milk market is subject to very high volatility. In turn, this greatly complicates predictability in business. The launch of regular trading at commodity auctions is an important step towards the formation of a simple and transparent price indicator in the market for raw milk and its processed products. This mechanism will make it more predictable and, accordingly, stable, which will benefit not only milk producers and processors, but most importantly, consumers, - said the president of EkoNiva Stefan Dürr, whose words are quoted by the press service of the group.[1]

2022: Repayments of bond issue coupon for the year

In July 2022, the largest milk producer, the agricultural company Econiva, postponed the payment of a coupon for the issue of bonds for a year.

2021: Debt €1.7 billion and conflict with Rosselkhozbank

In July 2021, the founder of the largest milk producer in Russia, Econiva, Stefan Durr, has a corporate conflict with Rosselkhozbank, which can pick up his business at a nominal price of 5.3 million rubles. At the end of 2020, all obligations of Econiva reached €1.7 billion. The owners of Econiva believe that the bank "artificially" creates a situation and limits the financing of the holding. Earlier, the holding stopped the investment program and plans to reduce more than 2.5 thousand people to reduce costs.

In December 2021, the court refused the owner of Econiva Stefan Durr to terminate the agreements giving Rosselkhozbank the right to buy out shares in the business at par. The total nominal value of the shares is 5.34 million rubles, and the market value can be determined at 1.8 billion rubles.

2011: Division into EcoNiva-APK Holding and EcoNivaTekhnika-Holding

In 2011, EkoNiva was divided into two independent holdings. EcoNivaTechnika-Holding LLC:

• supply of imported agricultural machinery;
• Service
• spare parts from a warehouse in the Russian Federation

AGRARIAN AND INDUSTRIAL COMPLEX EcoNiva Holding LLC:

• dairy and meat husbandry;
• crop production;
• professional seed production.