NOVAAGRO LIMITED LLC

NOVAAGRO LIMITED LLC — The agrarian company was established in 2009. The final beneficiary - Sergey Polumysny. The company is the resident of Cyprus.
Field of activity
The company specializes at work in the agrarian sector, is engaged in trade of grain and oil-bearing crops, processing of agricultural products, sale of products of processing (in particular, wheat flour and wheat bran), as within the country, and for export for foreign markets. Also is engaged in production and sale of compound feeds, provides services of elevators and forwarding of freights by rail.
Employees
About 150 persons work in a company.
Investment activity
«NOVAAGRO LIMITED» company is constantly engaged in investment into agricultural projects. In 2010 according to the permission of the Antimonopoly Committee of Ukraine the company carried out the transaction on sale of the corporate rights of the Ukrainian agricultural enterprises "Ukraine Nova" with land bank of 18 thousand hectares of the earth to the American investment fund «SigmaBleyzer». In 2011 with the assistance of the «NOVAAGRO LIMITED» company was established «Agrosvit» LLC, where «NOVAAGRO LIMITED» company became the shareholder. In 2016 concerning the «Agrosvit» LLC elimination procedure was begun.
In 2016 «NOVAAGRO LIMITED» company after coordination with Antimonopoly committee concluded the bargain with the Renaisco B.V. company (Rotterdam, the Netherlands) - affiliated structure of the Swiss raw trader of Glencore International about purchase of four elevators - Ltd «Borovа-Agro» (Kharkov Region), Ltd «Troitskoe-Agro», Ltd «Rubizhnoe-Agro» (both from Lugansk Region), Ltd «Lebedinsky Grain-Receiving Enterprise» (Sumy Region). However, the transaction wasn't complete as two of four elevators are in the Luhansk region, near a front line, that became the reason of cancellation of the contract.
Assets
Today «NOVAAGRO LIMITED» company owns a number of the companies in Ukraine. In particular, «Novaagro Ukraine», «Novaagro» Trading house, agrarian and industrial complex «Novaagro», «Novakorm», and also the company on management of assets of «DIKW-L».
 
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