KSG Agro agricultural holding has agreed on possible cooperation with Swiss Suisag in terms of purchasing and using Suisag genetics sows and providing advice on pig breeding technologies, the holding said.
“The parties set indicative deadlines for signing relevant documents׃ memorandum and contracts. This should happen in the first half of 2021,” according to a press release following the visit of Suisag CFO Matteo Aepril and Chief Veterinarian Stefanie Klausmann to Ukraine.
Chairman of the Board of Directors of KSG Agro Serhiy Kasianov also said that the holding’s pig farm in Nyva Trudova (Dnipropetrovsk region) has started the process of renewal and rejuvenation of the pig herd and about 1,000 sows of Danish Dunbred genetics will be purchased under the project in 2021.
The vertically integrated holding KSG Agro is engaged in pig breeding and production, storage, processing and sale of grain and oilseeds. In January-September 2020, the agricultural holding received $4.77 million in net profit, which is 52% less than in the same period in 2019, and revenue decreased by 17%, to $14.67 million.
