Business news from Ukraine

TURKISH ONUR TO DOUBLE LAND BANK IN UKRAINE

4 March , 2019  

Turkey’s Onur, engaged in construction and repair of roads and buildings and developing agriculture, plans to double land bank in Ukraine, to 10,000 ha.
“We have been investing in it for two years now. So far, we have about 5,000 hectares of agricultural land… We mostly concentrate on grain, but if we can increase our land to 10,000-15,000 hectares, we will look into other areas,” Head of Delegation, General Coordinator of Onur Group Emre Karaahmetoglu said in an interview with Global FDI Reports.
According to the public register of legal entities and individual entrepreneurs, the owners of Onur own Agroseton LLC (the village of Ozhydiv, Lviv region). The company was registered in May 2016. Its owners are Karaahmetoglu (20%), Onur Cetinceviz (40%) and Ihsan Cetinceviz (40%). The charter capital is UAH 2 million.

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