Business news from Ukraine

Business news from Ukraine

TAS invests in seed plant, elevator and construction of railcar building and apple processing plants

8 November , 2024  

The founder of TAS Group of Companies (TAS), Sergey Tigipko, has announced new business areas for the group: the purchase of a seed plant and elevator with a storage capacity of 40 thousand tons, and the construction of apple processing plants and a railcar building plant.
“We are buying a seed plant and an elevator with 40 thousand tons of storage. We are building a railcar manufacturing plant in Kovel for the European railroad. We are building a plant for processing apples from scratch into apple concentrate,” said Tigipko at the 10th Kyiv International Economic Forum (KIEF).
TAS Group was founded in 1998. Its business interests include the financial sector (banking and insurance segments) and pharmacy, as well as industry, real estate, and venture capital projects.
“TAS Agro, a member of the group, cultivates 83 thousand hectares in Vinnytsia, Kyiv, Kirovohrad, Chernihiv, Mykolaiv, Sumy, Kherson, and Dnipro regions, where it grows soybeans, sunflower, rapeseed, wheat, barley, and corn. In addition, the agroholding is engaged in dairy farming (up to 5.5 thousand heads of cattle) and owns six elevators with a one-time storage capacity of 250 thousand tons.

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