KSG AGRO INTENDS TO LAUNCH JOINT PIG GROWING PROJECT WITH GEORGIA

Business news from the Ukrainian League of Industrialists and Entrepreneurs

KSG AGRO INTENDS TO LAUNCH JOINT PIG GROWING PROJECT WITH GEORGIA

19 May , 2017  

KYIV. May 19 (Interfax-Ukraine) – KSG agricultural holding is working on a project to sell pigs and jointly grow them in Georgia.
“In Georgia we are working on the project where we plan not only to sell, but also to send pigs there and jointly grow them. We have partners who are ready to invest in this case with us,” Chairman of the supervisory board of KSG Agro Serhiy Kasianov said at a press conference.
He said that recently the company received a document from Georgian authorities that the company is permitted to export pigs for the period until 2018.
“During several weeks we would specify our plans with Georgian partners regarding the active Georgian season,” Kasianov said.
The holding also plans to export pork to Georgia and enter the top five suppliers of pork to this country.
He said that pork production in Ukraine would decline by 10-15% in 2017, and supplies from households would decrease by 50-60%.
“In general, we see large demand. Today we sell even with advance payments. Demand is so high that we cannot satisfy it. Today the orders are twice larger than we are able to produce,” he said.
The holding also seeks to boost sow numbers in the long term outlook to increase pig sales by 10%.