KYIV. July 7 (Interfax-Ukraine) – Ukrprominvest-Agro, a vertically integrated agro-industrial company, plans to launch its first grain storage facility in the town of Haisyn in Vinnytsia region in September 2016 with the investment in the first phase of the project being UAH 120 million, the company said on its website.
The storage capacity of the first facility is 40,000 tonnes, the total storage capacity is projected at 68,000 tonnes.
The facility will be able to dry 50 tonnes of grain per hour, it said.
“The construction of a new silo will optimize costs on grain logistics, primarily corn logistics; will improve its quality and decrease storage losses,” it added.
Ukrprominvest-Agro’s core business includes growing crops, sugar, flour, meat, and dairy farming. The company’s land bank is 122,000 hectares, the total number of cattle is 5,200 head, that of pigs is 21,000. In 2015, Ukrprominvest-Agro produced 195,000 tonnes of sugar, allowing it to rank second in terms of sugar production in the country.
Ukrprominvest-Agro incorporates Agroprodinvest Group LLC, PrJSC Podillya, Zorya Podillya LLC, Bread Combine No. 2 LLC. The holding is owned by Ukrainian President Petro Poroshenko.
