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Large agricultural holding invests 24 mln euros in Ukraine
16:43, 3 February 2016
Large agricultural holding invests 24 mln euros in Ukraine

Astarta Holding invests in modernization of agriculture in Ukraine

16:43, 3 February 2016

news.yahoo.com

Agricultural holding “Astarta” invests 24 million euros in Ukrainian agriculture, says Director General of major sugar production in Ukraine Viktor Ivanchyk.

60% of the sum will be used for investment into agricultural business, 30% - for sugar production, 10% - for other fields of activity.

According to Director General the investment plan is already approved. The money will also be used to modernize agricultural production and technical equipment, to provide the production with fuel.

“In the current year we are planning to invest in capacity boost of two elevators (increase by over 60-80 thousand tons) and purchase of technical equipment”, - say representatives of Astarta holding. 

Related: European Investment Bank gives 400 million Euros for agricultural projects

Related: How the West can help Ukraine to insure foreign direct investment against political risks

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