Agro-Region has reduced the cost of grain and oilseeds transportation by up to 30% by creating its own fleet of 40 grain carriers, the company’s press service reported on its Facebook page.
“As of today, 58 thousand tons of grains and oilseeds have been exported, with the balance for export of more than 60 thousand tons, including 30 thousand tons of corn and wheat,” said Oleksandr Tymoshenko, commercial director of the agricultural holding, adding that sunflower and rapeseed were the most profitable in the 2024 season due to higher prices than a year earlier.
Agro-Region pointed out that the main volumes of agricultural products are transported by rail and road to ports, and then the grain is exported by sea. Several factors contributed to the reduction in transportation costs, including the company’s own grain carrier fleet, which guarantees flexibility in planning and a fixed cost of transportation.
“Agro-Region received 25 hopper cars as part of the USAID Economic Support for Ukraine grant program. After that, it raised additional funds and invested them in an additional 15 railcars.
Agro-Region owns a land bank of 39 thousand hectares in Kyiv, Chernihiv, Zhytomyr, and Khmelnytskyi regions. It specializes in crop production. It consists of 11 companies organized into four crop production clusters. It has two elevators – Boryspil elevator with a capacity of 73 thousand tons and Miropil elevator with a capacity of 52 thousand tons.
Agro-Region’s annual harvest of grains and oilseeds is up to 200 thousand tons.
In April 2021, the Swedish company Lobiu Sala AB, owned by the former Minister of Economy of Ukraine Aivaras Abromavičius, received permission from the Antimonopoly Committee of Ukraine to buy the Swedish Agro Region Stockholm Holding, which manages the Agro-Region group of companies in Ukraine.
