Business news from Ukraine

VITAGRO GROUP TO PURCHASE SEEDLING FARM IN TERNOPIL REGION

Vitagro Group through private enterprise Agrarian Company 2004 (Khmelnytsky region) plans to acquire 95.22% of the shares of PrJSC Skala-Podilsky Rozsadnyk (Skala-Podilsky seedling farm, Ternopil region).
According to a report by Agrarian Company 2004 in the information disclosure system of the National Securities and Stock Market Commission, the private company intends to acquire common registered shares of Skala-Podilsky seedling farm in the amount of 1.699 million pieces.
Vitagro unites agricultural enterprises in Khmelnytsky, Rivne, and Ternopil regions. It is engaged in the production and processing of crops, including fruits and vegetables, dairy farming, pig breeding, as well as the construction and repair of roads, production of bricks.
The land bank of Vitagro is about 60,000 hectares.
The owner of the company is Verkhovna Rada deputy Serhiy Labaziuk.

, ,