In April 2021 the Company divested Lviv and Nikolaev clusters with circa 10 ths. hectares and adjacent elevator were divested.


On 15 October 2020, Agromino announced that the board of directors has applied for delisting of Agromino’s shares. On 19 October 2020, Nasdaq Stockholm has approved such application. The last day of trading of Agromino’s shares was 30 October 2020.

In November, 2020 Agromino divested its Estonian assets - stake of 39.24% in AS Trigon Dairy Farming Estonia (TDFE).


In October, the Company completed the acquisition of Resilient from Mabon for a consideration of newly issued shares. Thanks to the acquisition, the amount of land under control increased to approximately 52,000 ha as well as the Company improved its regional diversification within Ukraine. After the transaction, Mabon controls 74% of the Company.

The Company incrementally set-up new elevator capacities during 2019, increasing the total storage capacity to 121,000 tonnes.


In January and February 2018, the Company divested two biggest elevators ending the year with elevator capacities of 85,000 tonnes (as of 31 December 2018). The company has also divested Russian subsidiary companies with ca 10,000 ha land plots.

In March 2018, the Company replaced the CEO and several managers on positions in the top and middle management, introduced a new motivation policy for all employees and closed down Tallin offices and successfully transferred all competencies to Kiev office.

In November 2018, the Company’s largest shareholder Mabon (controlled by Petr Krogman, Chairman of BoD of Agromino) increased its holdings in the Company to 43% and announced a mandatory cash bid to acquire all remaining shares and warrants of the Company.


On April the 20th the Company has changed its name to Agromino. For the metamorphosis into a fully operationally focused entity to be completed, we felt the next important step was to change our name to something more connected with our core business driver, “sound basic agronomy”. Agromino is a word play that combines Agronomy with the Japanese given name of “Mino 望” which means to have high aspirations.


On December 5th, 2016 the Company completed the conversion of its SEK 350,000,000 11% Bond Loan into equity.

On June 2nd, 2016 the Company completed the divestment of 40,000ha of arable land and 40,000 ha of pasture land in Rostov, Russia.

On March 23, 2016 the Company announced that the Board of Directors decided to exercise its authorisation to issue convertibles. As part of the transaction EUR 1.5 million was released to the Company, conditional upon a partial debt to equity swap to its bondholders.

On March 4, 2016, the Company held an extraordinary general meeting where all proposed resolutions were adopted. Among other items the extraordinary general meeting authorised the Board of Directors to issue convertible bonds.

In January 2016 the Group announced the partial disposal of the stake in Trigon Dairy Farming Estonia (TDFE). The transaction completed involved selling 10.74% in TDFE. Following the transaction Trigon Agri retains an ownership stake of 39.24% in TDFE. Ingman Development Oy Ab acquired the shares.


In November 2015, a framework agreement for the divestment of its Rostov cluster was signed. The agreement foresaw closing of the transaction no later than August 28, 2016.

In 1Q 2015, the Group’s Estonian milk production subsidiary AS Trigon Dairy Farming Estonia (TDFE) completed a new share issue of EUR 2 million subscribed by Ingman Development Oy Ab. In July 2015 TDFE completed the second phase of the new share issue in the amount of EUR 2.12 million subscribed by Ingman Development Oy Ab and other non-controlling shareholders in TDFE. As a result, the shareholding of Ingman Development Oy Ab increased to 39.16% in TDFE and Trigon Agri’s shareholding dropped to 49.98%. Consequently, as of April 1, 2015, the Milk production segment in Estonia is no longer consolidated into Trigon Agri’s accounts due to loss of control.

On February 26, 2015, Trigon Agri SEK 350 million bond was extended until August 31, 2017.


In 2014, Trigon Agri completed the divestment of 36,000ha in Penza, Russia.


In 2Q 2013 Trigon Agri completed a limited capital raising for its Estonian dairy farming subsidiary AS Trigon Dairy Farming Estonia (‘TDFE’). As a part of the transaction, the Ingman Group from Finland acquired 21% of TDFE.

As part of the Group’s longer-term planning, the Group divided its assets into core and non-core with focus on core assets. The core assets of the Group are cereals production operations in Ukraine and cereals production operations in the Rostov cluster in Russia. The non-core assets of the Group were cereals production operations in Penza, Russia and milk production operations in St Petersburg region in Russia and Estonia.


In 4Q 2012 Trigon Agri carried out a land-swap transaction in Russia involving the acquisition of a new 71 thousand hectares production cluster in Rostov Oblast in exchange for swapping out of its two current Russian production clusters in Samara and Stavropol.

In April 2012 Trigon Dairy Farming AS finalised the acquisition of Estonian dairy farm AS Väätsa Agro, the largest milk production farm in Estonia in terms of milk quota. At the time of the acquisition, the company farmed 4,160 hectares of farmland and had 3,386 dairy animals, including 1,685 milking cows.


Since December 14, 2011, the bonds of Trigon Agri are listed on the Corporate Bond List of NASDAQ OMX Stockholm.

In 2Q 2011 Trigon Agri concluded a four-year bond issue in the amount of SEK 350 million (EUR 38,152 thousand) with an annual interest rate of 11%.


In December 2010, Trigon Agri A/S was approved for listing on the main market of NASDAQ OMX Stockholm.

In August 2010, Trigon Agri acquired the minority share of Ramburs Trigon, thereby fully taking over the operations of its sales and trading joint venture.


The Group owns 170,000 hectares of land in Ukraine, Russia and Estonia.
The Group's agricultural activity is concentrated on 165,000 ha in seven production regions, including five grain production clusters in the Black Earth region of Ukraine and Russia, known for its very high soil fertility and historically called "European breadbasket" and two dairy production clusters in Estonia and St. Petersburg region of Russia (5,000 ha).

In addition, the Group operates five separate grain storage elevators with direct rail connections near its manufacturing facilities in Ukraine. The total storage capacity of the grain is 322,000 tons.


On 6 May 2008, Trigon Agri completed a further follow-on capital raising of EUR 105 million to fund the expansion of its operations in the Black Earth regions of Ukraine and Russia. The funds raised from the placing were intended for financing investment programmes in the existing production clusters.

On 7 April 2008, Trigon Agri entered into an agreement with Ramburs Group, a leading Ukrainian commodities trading group, for the establishment of the joint venture company Ramburs Trigon. The joint venture handled sales and trading activities as well as the management of the cereal storage operations of the Trigon Agri group.

During the first quarter of 2008, a second production cluster was established nearby the city of Kirovograd in Ukraine, and two further clusters nearby the cities of Samara and Penza in Russia. After the set up of operations in three additional cereal production clusters in the Black Earth region, the Trigon Agri group had by the middle of 2008 established a strong platform for cereal production, storage and trading throughout the Black Earth regions of Ukraine and Russia.


With the capital raised in 2007, the company continued the expansion of its cereal farming in Kharkov and made the first investments into railroad connected large storage facilities (elevators) pursuing its strategy of building an integrated production, storage and trading operation.

On 17 May 2007, Trigon Agri completed a private placing of shares to institutional investors and high net worth individuals in several European Union member states and the United States securing approximately EUR 50 million, before issue costs. Following the private placing, Trigon Agri’s shares were listed on the NASDAQ OMX First North alternative stock exchange in Stockholm on 18 May 2007.


In 2006 Trigon Agri made its first investments in farming companies by acquiring cereal farming operations in eastern Ukraine nearby the city of Kharkov. The acquisitions marked the establishment of the first production cluster of Trigon Agri group. During the second half of 2006 dairy farms were acquired but the St Petersburg farm was of greenfield character and consequently commercial milk production did not start until April 2008.

Trigon Agri was established in May 2006. The initially committed start-up capital of EUR 20 million was raised from Trigon Capital and primarily Finnish high net worth individuals. Trigon Capital was a minority shareholder in the Group while its wholly-owned subsidiary Trigon Agri Advisors provided management services to the Group