According to the official information, released by the company on Warsaw Stock Exchange, Agroton Board of Directors announced that the company is forced to cease operations in Lugansk region due to constant military operations, as well as unreliable supply of gas and electricity. Company took its best effort to continue operations in the region despite the conflict, however it became clear that it would be no longer possible. At the moment, company is unable to gain access to approximately 20 thousand hectares of its own land due to the presence of armed formations at these territories. Railways and roads usually constantly used by the company are either no longer safe for the employees or destroyed completely. Company sited additional loss of USD 30-50 per ton of crop harvested in the region. UkrAgroConsult refers to stock market as company lost 7.96% of its share price over Tuesday trading session, ending the day at PLN 1.85 per share as of November 5, 2014. We anticipate further dive of company’s market capitalization as the result of the current events.

UkrAgroConsult has completed review and recommendations study on investing in Ukrainian Agrarian Sector. You can follow this link to find out more about the study “How to profit from Ukraine’s agricultural sector?”. In case you are interested in state of agrarian sector in Ukraine, please follow the link below to read UkrAgroConsult quarterly report “Agrarian Business in Ukraine”. You can subscribe to the report to receive it on a monthly basis.

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