KYIV. June 27 (Interfax-Ukraine) – The Kusto Agro Group will invest EUR 2.5 million in expansion of Agroline-Ukraine cow farm (Zhytomyr region), the group has said on its Facebook page.
“We are planning to expand the cow farm of our Agroline-Ukraine to 1,200 cows. Now the blueprints are being drawn up and soon construction will begin. It is planned to install equipment of leading grobal manufacturer DeLaval in the dairy farm,” reads the report.
The company said that now the capacity of the farm is 600 cows.
According to the unified register of companies and individual businessmen, the ultimate beneficiary of Agroline-Ukraine is businessman Talhat Turumbayev.
The Kusto Agro Group unites Kusto Agro Farming (crop planting), Kusto Agro elevator company, Kusto Agro Trading and Kusto Logistics.
Kusto Agro produces crops with high added value. As of 2015, the group’s land bank was 12,000 ha of leased land in Vinnytsia, Zhytomyr and Khmelnytsky regions.
Kusto Agro seeks to cultivate at least 100,000 ha of farmland in next five years.
Kusto Agro is part of Kusto Group (Singapore) having business in the oil, energy, agricultural, construction and other areas.
