TAS Agro is selling four elevator complexes as it focuses on improving business efficiency and investing in areas that enhance competitiveness under wartime conditions.
This was announced by Anton Zhemerdieiev, Commercial Director of TAS Agro, during the BLACK SEA GRAIN.KYIV conference.
According to him, the decision to sell the elevator assets is linked to changing market conditions and a reassessment of approaches to running an agricultural business. The company does not view long-term grain storage at elevators as a standalone strategy for generating additional profit by waiting for higher market prices.
“Our strategy is not to store grain at elevators for a long time in anticipation of higher prices. Right now, the priority is efficiency,” Zhemerdieiev said.
He stressed that the full-scale war has significantly changed agricultural logistics in Ukraine. In particular, the operation of port infrastructure and export terminals has slowed down, affecting logistics chains and the economic rationale for grain storage.
Additional pressure on the market comes from record-high carryover grain stocks accumulated in the current season. According to the company representative, this may force some agricultural producers to sell products even at a loss in order to replenish working capital and finance current operations.
Under these conditions, TAS Agro intends to focus investment on areas that improve operational efficiency and strengthen the company’s competitive position.
“Now it is necessary to consider those investment areas that allow the business to remain competitive and efficient, while also supporting its development,” Zhemerdieiev said.
TAS Agro is one of Ukraine’s major agricultural holdings. The company cultivates more than 80,000 hectares of farmland in Chernihiv, Sumy, Kyiv, Vinnytsia, Kirovohrad, Kherson, and Mykolaiv regions. The holding unites around 25,000 landowners and operates in several segments of the agricultural market, including crop production, livestock farming, and grain storage.
