As part of its capital investment plan for 2024, Continental Farmers Group has started to upgrade its fleet of agricultural and special machinery, which it intends to replenish with 35 new tractors, combines, sprayers and seeders, as well as various equipment, the company’s press service reports.
“The condition and quality of our technical facilities are among the main factors that determine how successful the upcoming production seasons will be for us. We do not deviate from the approved investment plan. The company is already receiving the first deliveries of machinery this year, which will be actively used in the spring field work. The next deliveries, which will include machinery for the autumn fieldwork and storage equipment for potatoes, are planned closer to the harvest,” said Georg von Nolken, CEO of Continental Farmers Group.
According to the report, Continental has purchased 21 new tractors of various capacities, five combine harvesters, four self-propelled sprayers, five seeders, tillage machines, fertilizer spreaders, special and other auxiliary equipment, and precision farming equipment.
The agricultural holding noted that Continental purchases all new equipment in line with its strategy of developing and unifying its machinery fleet. All equipment is equipped to comply with precision farming technology. It ensures compliance with the following requirements: high-quality and stable autopilot operation, the ability to control the application rate by the task map, automatic control of machine sections, remote service access to monitoring, synchronization of field work, navigation between rows, etc.
Mriya Agro Holding and CFG, united under the name Continental Farmers Group, have been operating as a single business since November 2018, when Mriya entered into an agreement with international investor Salic UK to sell its assets.
Salic was founded in 2012. Its sole shareholder is the Saudi Arabian Public Investment Fund, which invests in agricultural and livestock production.
AGRICULTURAL MACHINERY, CONTINENTAL, FLEET, SPECIAL EQUIPMENT
