Signet Agrocompany has boosted its land bank to 29,000 ha
11.07.2018 15:13 "Agro Perspectiva" (Kyiv) —
As of recent, Signet Agrocompany has boosted its land bank to 29,000 ha, Ukrainian National Association of Sugar Producers says referring to the Signet report.
As to the report, Signet has, in part., completed the purchasing of the Ruzhinskiy Krai Company
(Zhytomyr region), thus having boosted its land bank to 29,000 ha.
It is to be admitted, earlier, the Ukrainian Antimonopoly Committee had allowed Signet Center Ltd (belonging to Signet Agrocompany) to acquire a stake within the authorized capital of the Ruzhinskiy Krai.
It is to be reminded, Signet Agrocompany is going to invest this year about US$0.7 million into its sugar plant reconstruction and modernization in order to boost the plant processing capacity.