Ivolga

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Ivolga
legal form Holding
founding 1992
Seat Qostanai
Number of employees 50,000
Branch Agricultural production
Status: 2009

Ivolga Holding is an agricultural conglomerate in Russia and Kazakhstan , and around 2010 was considered the largest agricultural company in the world at the time.

Ivolga belongs to the Kazakh oligarch Wasili Rosinow , who started a wheat trade in 1992 and began to expand into Russia around 2002. The agricultural holding owned 1.5 million hectares of land (15,000 km², about as much as Schleswig-Holstein or Styria ) in 2010 , of which 1 million hectares were in the Kostanai region in northern Kazakhstan . At the time, it was considered bigger than the Brazilian agricultural company El Tejar .

The company mainly produces wheat, but is also active in the sugar and raw milk sector, and operates agricultural machinery and other things. By 2010 production was around 500–700,000 tons of wheat and the conglomerate had 50,000 employees.

In 2010 the company ran into problems due to the drop in wheat prices and the damage caused by the fire caused by the heat wave of the year and was offered for sale, the value at the time was estimated at around ½ – 1 billion €. The following developments are unclear.

Today, Ivolga is still likely to cultivate around 500,000 hectares of land in Russia, and is the second largest landowner there after Prodimex .

Individual evidence

  1. ^ Jürgen Wandel: Agroholdings and clusters in Kazakhstan's agro-food sector. Discussion paper no. 126, Leibniz Institute of Agricultural Development in Central and Eastern Europe, 2009, esp. 4.1 The big players. P. 17 f ( pdf , on iamo.de).
  2. ↑ Ref. Wandel 2009, p. 17.
  3. ↑ a b Ivolga puts world's biggest farm up for sale . Richard Orange, telegraph.co.uk, February 13, 2011.
  4. ↑ a b c Mega-Farm: 7 of the largest farms in the world. Eva Eckinger / Farmers Weekly on agrarheute.com, February 29, 2016.
  5. ↑ a b Kazakh region of Kostanai attracts with great agricultural potential. gtai.de, October 30, 2015.
  6. ↑ a b Ref. Wandel 2009, p. 18.
  7. ↑ Ref. Ivolga puts world's biggest farm up for sale. telegraph.co.uk, 2011, estimate there in pounds.