Ekosem-Agrar AG: 2023 marked by a robust 5% increase in raw milk production, totaling 1.26 million tons in 2023
Source: The DairyNews
Ekosem-Agrar AG Reports Robust Growth Across Key Business Segments in 2023, writes The DairyNews.
In a significant update, Ekosem-Agrar AG, the German holding company overseeing Russian milk producer EkoNiva Group, showcases impressive developments across its primary business areas. The standout performer is the Milk Processing segment, marked by a robust 5% increase in raw milk production, totaling 1.26 million tons in 2023.
Despite a temporary dip in milk prices throughout the year, Ekosem-Agrar Group's heightened production partially offset the challenges. Notably, the average daily milk yield reached 3,440 tons, reflecting a positive growth trend compared to the previous year's 3,261 tons.
The strategic expansion of the cattle population, reaching over 235,300 head, and the commissioning of the Bortnikovo cattle breeding complex further underscore Ekosem-Agrar's commitment to sustainable growth. The new complex is anticipated to contribute significantly, with a production capacity of 34,000 tons of raw milk annually.
Processed dairy products witnessed a remarkable surge, with a 70% year-on-year increase. Ekosem-Agrar produced 279,500 tons of finished dairy products, diversifying its portfolio across various categories, including drinking milk, traditional dairy products, yogurt, desserts, and cheese. The EkoNiva brand expanded its product lines to 88, showcasing the group's commitment to innovation and market responsiveness.
The retail footprint of EkoNiva's dairy products expanded by more than 1.5 times, totaling 60,800 outlets across 70 regions in Russia. The group's products continue to be available in major retail chains, solidifying its presence in the market.
In addition to its dairy success, Ekosem-Agrar reports a fruitful 2022/23 harvest season, achieving a 13% increase in market crops, totaling 1.33 million tons in net weight. The successful venture into sugar production, marked by the launch of the Belsakhar sugar refinery, further diversifies the group's agricultural portfolio.
As a leading force in Russian agriculture, Ekosem-Agrar AG continues to thrive under the visionary leadership of Stefan Dürr, with a comprehensive agricultural area of approximately 630,000 hectares and a workforce of around 14,500 employees. The company's fiscal strength is evident, with a total output of EUR 657 million and EBITDA of EUR 188 million in the fiscal year 2021.
Despite a temporary dip in milk prices throughout the year, Ekosem-Agrar Group's heightened production partially offset the challenges. Notably, the average daily milk yield reached 3,440 tons, reflecting a positive growth trend compared to the previous year's 3,261 tons.
The strategic expansion of the cattle population, reaching over 235,300 head, and the commissioning of the Bortnikovo cattle breeding complex further underscore Ekosem-Agrar's commitment to sustainable growth. The new complex is anticipated to contribute significantly, with a production capacity of 34,000 tons of raw milk annually.
Processed dairy products witnessed a remarkable surge, with a 70% year-on-year increase. Ekosem-Agrar produced 279,500 tons of finished dairy products, diversifying its portfolio across various categories, including drinking milk, traditional dairy products, yogurt, desserts, and cheese. The EkoNiva brand expanded its product lines to 88, showcasing the group's commitment to innovation and market responsiveness.
The retail footprint of EkoNiva's dairy products expanded by more than 1.5 times, totaling 60,800 outlets across 70 regions in Russia. The group's products continue to be available in major retail chains, solidifying its presence in the market.
In addition to its dairy success, Ekosem-Agrar reports a fruitful 2022/23 harvest season, achieving a 13% increase in market crops, totaling 1.33 million tons in net weight. The successful venture into sugar production, marked by the launch of the Belsakhar sugar refinery, further diversifies the group's agricultural portfolio.
As a leading force in Russian agriculture, Ekosem-Agrar AG continues to thrive under the visionary leadership of Stefan Dürr, with a comprehensive agricultural area of approximately 630,000 hectares and a workforce of around 14,500 employees. The company's fiscal strength is evident, with a total output of EUR 657 million and EBITDA of EUR 188 million in the fiscal year 2021.
