Ukraine closed its borders to Russia's Agrocomplex

Petro Poroshenko included the Tkachev family's holding in the sanctions list.
President of Ukraine Petro Poroshenko imposed sanctions against one of the largest Russian agroholdings - Agrocomplex. NI Tkachev, belonging to the family of the head of the Ministry of Agriculture Alexander Tkachev. In a company that does not have assets in Ukraine, consider that sanctions do not carry any threats to its business.

The authorities of Ukraine have extended sanctions against Russian companies, including one of the largest agricultural holdings in the country - the Agrocomplex. NI Tkacheva (owned by the family of the head of the Ministry of Agriculture Alexander Tkachev). The relevant decree is published on the website of the President of Ukraine Petro Poroshenko. Sanctions were introduced for three years and prohibit the performance of trade operations on the territory of Ukraine, the transit of products, and also suspend the fulfillment of economic and financial obligations.

The general director of the agro-complex Evgeny Khvorostin confined himself to a statement that he does not see the inclusion of the company in the list of "nothing terrible". Sanctions have also been imposed on Alexander Tkachev himself.
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JSC "Agrocomplex of them. NI Tkachev »unites more than 60 enterprises. He is engaged in plant growing, poultry farming, pig breeding, meat and dairy cattle breeding, processing, and also develops a retail network of more than 600 stores in the south of Russia. According to "Sovecon", at the end of 2016 under the management of the agrocomplex was more than 600 thousand hectares of land. Revenue of JSC in 2016 amounted to 44.7 billion rubles., Net profit - 2.9 billion rubles. (Reporting data).

There are no Ukrainian assets in the agro-complex. Russia generally does not supply food to Ukraine in any significant volumes, therefore, it is not necessary to talk about any losses of the agricultural complex in this case, says Andrei Sizov, director of Sovecon.

In addition to the agrocomplex, several wine-producing enterprises of the Crimea, including Massandra and the Novy Svet plant of champagne, as well as large Russian producers of sunflower oil Yug Rusi and Aston, were included in the sanctions list of Ukraine. In total, the list includes 468 Russian companies, the validity period of sanctions is from one to three years.