Business news from Ukraine

KUSTO AGRO TO SPEND $800,000 ON NEW AGRICULTURAL EQUIPMENT

26 March , 2018  

Kusto Agro plans to spend $800,000 on purchase of new agricultural equipment by July 2018. According to information on the group’s website, in particular, it plans to buy two Case Tiger Mate cultivators, two John Deere tractors, a Kinze seeder with additional equipment, trailers, sunflower harvesters.
“Every year we update and expand our machinery. The enterprise is not small, therefore we cannot completely renew the entire fleet of vehicles in one season. But we are gradually expanding it,” Director of Kusto Agro Farming Volodymyr Sery said.
“Kusto Agro is part of Kusto Group international holding (Singapore), which develops business in oil, energy, agricultural, construction and other industries. Kusto Group implements projects in Russia, Kazakhstan, Ukraine, Vietnam, China, Turkey, and Georgia.In Ukraine, the land bank of the company is 12,000 hectares and is located in Vinnytsia, Zhytomyr, Khmelnytsky regions. In addition, Kusto Agro owns three elevators with a total capacity of 90,000 tonnes.

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