KYIV. March 31 (Interfax-Ukraine) – The Vinnytsia Agrarian-Industrial Group seeks to build an oilseed crushing plant with a daily capacity of 1,000 tonnes of oilseeds.
“We plan to raise $20 million. The funds are needed to expand the land bank, attract additional machinery and build a crushing plant near our elevators,” Company Director Volodymyr Bartsos said in an interview with the Forbes Ukraine publication.
Bartsos added that if the holding manages to raise more funds, its land bank could be expanded by 15,000 ha every year.
The Vinnytsia Agrarian-Industrial Group is a large agricultural producer. It cultivates around 50,000 ha in Vinnytsia and Khmelnytsky regions. The group has four elevators with a total storing capacity of 250,000 tonnes.
