Business news from Ukraine

RENTKOM WILL INVEST EUR10 MLN IN ELEVATOR IN TERNOPIL REGION BY 2019

28 November , 2017  

KYIV. Nov 28 (Interfax-Ukraine) – Rentkom LLC (Lviv) has commissioned the first stage of an elevator for 30,000 tonnes in the village of Dzvyniach (Ternopil region), according to the website of Ternopil Regional State Administration.
According to the report, investments in the launch of the first stage of the elevator amounted to about EUR5 million.
The launch of the second stage with the capacity of 60,000 tonnes is scheduled for 2019.
The construction of the facility began in May 2016. Its planned capacity is 90,000 tonnes of grain.
“The total cost of the complex construction is UAH 300 million (EUR10 million), the cost of the first stage of the complex is UAH 150 million (EUR5 million). The construction is carried out at the expense of Rentkom,” the regional administration said.
The elevator complex was created for purchase, storage and subsequent processing of oilseeds at the enterprises of Rentkom located in the village of Dzvyniach in Ternopil region and Lviv.
In future it is planned to build a plant for processing oilseeds (soybeans, rapeseeds, sunflower) with a capacity of 15,000 tonnes per month (180,000 tonnes per year) in the territory of Dzvyniach village council.