Agrotrade / Corporate News

In 2011 the AGROTRADE Group will invest 8,5 mln hrn in its own production

28.03.11

The administration of the AGROTRADE has informed about plans of the development of the agricultural direction. The holding allocates 8.5 mln hrn on investments in production of the grains and oilseeds and increases the land bank on 5000 ha – 4500 ha.

Investments in 8.5 mln.will be used to purchase wide range of equipment (disk, cultivator, siyalok, tractors) for companies of the Group in two regions of Ukraine.

In addition, the Group is planning to invest about 500 thousand hrn. in the introduction of satellite monitoring. This will allow to control the use of fuel and lubricants effectively, optimize logistics, monitor the quality of the field work.

During the sowing campaign the Group is planning – to increase the buckwheat acreage nearly two times - till 1120 ha, compared with 632 in 2010.

This year the Group also will create the elite seed farm on the basis of STOV "KOLOS" in the Kharkiv region. In 2010, the Agrotrade Group allocated the production of seed cereals as a strategic direction, increased the seed area till 3000 ha and started to deliver the seed to Russia.