OREANDA-NEWS. August 18, 2011. 5 years ago, on August 17, 2006 ASTARTA's shares were traded on the Warsaw Stock Exchange for the first time. 13 years of Group's development and two years of serious preparations for public listing went before this event.

"Stable growth and profitability" -  these words are the most appropriate to define ASTARTA's strategy during the last 5 years. During this period the arable land bank grew 2,5 times, the processing capacity of sugar plants more than doubled, the number of dairy cows increased 2,5 times.

Due to the efficiency increase and use of advanced technologies the production of main products is growing even more dynamically: the harvest of sugar beet is expected to reach 2 million tons in the current year (260% growth), grain and oil crops  - 600 kt (360% growth), milk production - 65 kt (210% growth). Net assets of the Group grew two and a half times for the last five years, the turnover in 2010 more than tripled compared with 2006 and EBITDA grew nine times.

Thus, the Group not only succeeded in meeting the targets set at the time of IPO but also went far beyond them. The dynamic growth and high quality of corporate governance had positive impact on market capitalization.

Viktor Ivanchyk, CEO and Founder of the Group:

"The last five years have confirmed the high quality of the Group, correctness of chosen strategy and high qualification of our management team. In times of economic booms and downturns, which have occurred in this period, the Group demonstrated stability and ability to respond flexibly to market changes. We intend to continue active development and diversification of our business, increase volumes of production and expand our sales markets. Herewith, as before ASTARTA will focus on social responsibility, rural infrastructure development in regions of operation and improvement of environmental safety".