The largest Ukrainian agro-holding in terms of land bank, Ukrlandfarming, will finish the construction of a first stage of a fodder and elevator complex with a corn storage capacity of 104,400 tonnes in Volytsia (Lviv oblast) by early 2015, the press service of the holding has reported.
The holding said that the second stage of the project – a fodder plant with a capacity of up to 13 tonnes per hour – will be commissioned in 2015.
“Thanks to two types of tracks for the project – a wide-gauge track, Ukrainian, and a narrow-gauge track, European, the project has become the largest export handling elevator in western Ukraine directly oriented to the European grain markets,” reads the report.
Earlier Ukrlandfarming said that the holding plans to build 12 fodder and elevator complexes in various regions of Ukraine with a total storage capacity of 2 million tonnes of grain and with a fodder production capacity of 1.9 million tonnes a year.
The company in 2013 saw its net profit rise by 39 percent compared to 2012, to $754.054 million. Its revenues increased by 10 percent, to $2.072 billion, its operating profit by 37 percent, to $924.671 million, and its gross profit by 7 percent, to $798.573 million.
Ukrlandfarming is one of the largest agricultural holdings of Eurasia in terms of land bank size and egg production. It is also involved in the cultivation of crops, the production of egg goods, sugar, cattle breeding, distribution of machinery, fertilizers and seeds.
