Corteva Agriscience, an international agricultural research company, increased its exports of Pioneer brand corn seed to the EU 16-fold in 2023 through established channels in Romania and Hungary, according to its press release.
According to it, the company was able to achieve a 15 percent increase in yields of Pioneer’s advanced seed hybrids last year through the introduction of precision farming, irrigation and other advanced approaches.
“For ten years we have been developing seed production in Ukraine, because for Corteva Agriscience our country is one of the major players in the global agricultural market, which has a significant impact on global food security,” – quoted the press service of the regional head of seed production Corteva Agriscience Andrey Andriushko.
He said that amid the war the company continues to invest in the production seed complex and support the communities of the region. For example, last year Corteva Agriscience signed a declaration with the Ministry of Agrarian Policy and Food of Ukraine on deepening and further developing cooperation for food security in Ukraine and the world, which resulted in increasing the production capacity of the seed complex in Stasi village, Poltava region, officially opened in June 2013 and investments of over $56 million. Its annual capacity has reached about 500 thousand seed units of corn and 250 thousand seed units.
According to the company, Corteva is one of the largest taxpayers in the region. The total number of employees, including seasonal workers, reaches nearly 400.
According to the press release, Corteva has invested about UAH 4.6 million in the development of Stasi village since 2013 (to improve infrastructure, medicine, education and social life of the community, in particular, it financed the reconstruction of a bomb shelter for 800 people.
Corteva Agriscience is a global agricultural company. It offers agricultural producers comprehensive solutions to maximize crop yields and profitability. It has more than 150 research facilities and more than 65 active substances in its portfolio.
Its representative office in Ukraine includes a central office in Kiev, a research center in Lyubartsy village (Kiev region) and a seed production complex opened in 2013 in Stasi village (Poltava region). Investments in the plant over five years amounted to more than $56 mln.
In April 2022, the company decided to leave the Russian market due to the full-scale war unleashed by Russia against Ukraine.
