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Ekosem-Agrar AG with positive operating development in the first half of 2021 - Seite 2

12-month milk production exceeds the mark of 1 million tons for the first time

In June 2021, the Group also exceeded the mark of one million tons of raw milk for the first time on an annual basis. As of 30 June 2021, a production output of more than 1,026,000 tons was achieved in the preceding twelve months. The Group is thus further expanding its leading position in Europe.

In the first six months of 2021, the total herd in raw milk production grew to more than 212,000 cattle (31 December 2020: about 199,700 cattle). The number of dairy cows increased by about 5% from the end of 2020 to about 110,000 head (31 December 2020: about 105,000 dairy cows). Daily milk output also increased by 6% in the first half of 2021, averaging 3,084 tons compared to the end of the year (31 December 2020: 2,900 tons). At the end of 2020, EkoNiva's share of total commercial milk production in Russia was already about 6%.

The Group is currently building three more dairy cow facilities in the Moscow region, Tatarstan and Bashkiria, with a total capacity of 9,900 cows and a production volume of about 100,000 tons of raw milk per year.
 

About Ekosem-Agrar

Ekosem-Agrar AG, Walldorf, is the German holding company of the EkoNiva Group, one of the largest Russian agricultural companies. A herd of more than 210,000 cattle (thereof over 110,000 dairy cows) and a daily output of around 3,200 tons of raw milk make the company the largest milk producer in the country. The Group controls an agricultural land area of approx. 630,000 hectares and is also one of the leading Russian seed producers. The founder and CEO of the company is Stefan Dürr, who has been active in the Russian agricultural sector since the end of the 1980s and has been instrumental in modernizing the industry in the past three decades. In 2009, he was awarded the Order of Merit of the Federal Republic of Germany in recognition of his contributions to the German-Russian Dialogue on Agriculture. The Group employs some 12,000 people and has a presence in nine administrative areas in Russia. Ekosem-Agrar generated a total output of EUR 565 million and adjusted EBITDA of EUR 167 million in 2019.