Business news from Ukraine

ASTARTA TO INVEST $3 MLN IN FEED CENTER IN POLTAVA REGION

13 February , 2017  

KYIV. Feb 13 (Interfax-Ukraine) – Astarta agroindustrial holding will invest $3 million in the feed center in Poltava region, the company has said in a press release.

The feed center will be launched in spring 2017.

The company said that the project of the centralized provision and distribution of the high-quality feed is implemented in the production subsidiary named after Dovzhenko (Shyshaky, Poltava region) at the dairy complex that keeps about 50% of the total dairy headcount of the group. The capacities of the feed center are expected to service over 10,000 heads of cattle.

“At the moment, the construction of the administrative pavilion, silage trashes and warehouses is taking place, the fodder mixing equipment is already installed,” the company said.

Astarta said that effective, highly-automated system of feed centers will stimulate the improvement of the ration of the cows and thus will improve the headcount’s health and yields by 20-30%.

The company is developing actively the model of cooperation for the milk production in Poltava region.

Astarta is a vertically integrated agro-industrial holding, uniting six regional divisions in Poltava, Vinnytsia, Khmelnytsky, Ternopil, Zhytomyr, and Kharkiv regions. They include nine sugar factories, agricultural farms with a land bank of about 250,000 hectares and dairy farms. The holding also has a soybeans processing plant in Poltava region (Globyno processing plant).