Business news from Ukraine

UKRAINIAN-DUTCH AGRO-COMPANY INVESTS UAH 10 MLN IN LAUNCH OF MILK FARM IN SUMY REGION

28 July , 2015  

KYIV. July 28 (Interfax-Ukraine) – Ukrainian-Dutch agro-company LLC (Sumy region) has invested UAH 10 million of own funds in the launch of a milk farm in Chapliyivka of Sumy region.

According to a report on the website of Sumy Regional Administration, the company finished building the cowhouse with a milk pipeline for 226 cows.

The company’s director, Vitaliy Hudymenko, said that today the farm has 718 heads of cattle, including 338 cows.

In 2015, UAH 6.8 million was invested in the development of the facilities.

According to the state register of companies and individuals-businesspeople, the founders of Ukrainian-Dutch agro-company LLC are Dutch Elzasel B.V. and Bontrup Ukraine.

Bontrup Ukraine was founded in 2007. It has around 20,000 hectares of farmland. Bontrup Ukraine is part of Bontrup Holding (the Netherlands) created by Franz Bontrup. The holding has branches in Belgium, Germany, Ukraine, Switzerland, Norway, Britain, Russia, Poland and the United States. Its core business is agriculture, navigation and granite production.