Business news from Ukraine


15 September , 2017  

KYIV. Sept 15 (Interfax-Ukraine) – Investments in the development of the livestock and crop growing sector of Astarta agricultural holding could reach $80 million by the end of 2020, Zeljko Erceg, the operations director of the holding, has told journalists in Poltava region.
“About $80 million for the next three years is our plan for investment in the agricultural industry: it’s livestock and crop production. There are different projects from irrigation, changes in technology in crop production, construction of elevators and new livestock complexes and our plans that are now at the stage of intensive studying: this is milk processing,” he said.
Astarta in 2016 began a comprehensive reorganization of the management system at dairy farms to improve the efficiency and profitability of production. At present it has been implemented at Dovzhenko agricultural firm (Poltava region), where 50% of all milk is produced and more than 40% of cattle of the agroholding is held. In addition to dairy farms, the farm operates a heifer complex with 5,200 animals.
According to the expert, Dovzhenko farm has launched a center for preparation and distribution of feed for cattle (a feed center) in the village of Shyshaky (Poltava region). It is designed to provide feed for 10,000 animals. Its capacity is 300 tonnes of feed mix per day.