Business news from Ukraine

EPICENTER K COULD BOOST SILO CAPACITIES TO 600,000 TONNES IN 2018

30 May , 2018  

The Epicenter K Group, which was developing agricultural business in the past two years, plans to boost silo capacities to over 600,000 tonnes in 2018, Head of the Agricultural Division of the group Vitaliy Stavniychuk has said.
“At present, we have five silo complexes that can store 284,000 tonnes of grain. This year we are building and boosting the silo capacity. We will boost them to over 600,000 tonnes,” he said in an interview with the Business publication.
Stavniychuk said that the group plans to use silos in two stages – early crops (winter wheat and winter rapeseeds) and for the second stage is maize and sunflower.
Another strategic direction for the group is development of livestock breeding, Stavniychuk said.
“The top priority task is to increase numbers of high-quality milking cows. We plan to build farms with modern fodder and breeding system,” he said.
The group seeks to slightly increase its land bank in 2018, but the main goal is not the area, but the highest production efficiency.
The group plans to strengthen positions of agricultural business in the medium term outlook.