AgroGeneration is a producer of agricultural commodities, founded in March 2007. Its activity is concentrated in the Ukraine where it aims to cultivate 100 000 hectares in Ukraine by 2012. The strategy of the group is to put back into cultivation fallow lands and to restructure installations of the former kolkhozes, which have suffered from under-investment during the last 15 years.

Key figures 2009

• 3 farms in Ukraine
• 20 000 hectares harvested
• 55 000 tons of grain produced
• 135 permanent employees and 60 seasonal workers

Key figures 2010

• Signature of a Memorandum of Understanding to take the control of three new farms with almost 25 000ha agricultural area.
• 6 farms in Ukraine
• 45 000ha cultivated objective with 3 new farms located in western of Ukraine

10 key dates

March 2007: Set-up of the company on the initiative of Charles Beigbeder

December 2007: Partnership with Champagne Céréales

January 2008: Purchase of the 1st farm

May 2008: Recapitalization with Aloe Private Equity and A Plus Finance shareholders

July 2008: Acquisition of the 2nd farm

Summer 2008: First harvest (8 000 T on 5 000 hectares controlled at 100%)

March 2009: control over the 3rd farm

Summer 2009: 2nd yield (55 000 T on 20 000 hectares)
 
1er mars 2010: Listing on NYSE-Euronext

Mars 2010: Memorandum of understanding signature for additional 25 000ha in western Ukraine