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Kusto Agro to invest EUR2.5 mln into Agroline Ukraine cow farm expansion
23.06.2017 15:38 "Agro Perspectiva" (Kyiv) —
The Kusto Agro Group will invest EUR2.5 million into expansion of Agroline-Ukraine cow farm (Zhytomyr region), Interfax says referring to the Group Facebook report.
«We are planning to expand the cow farm of our Agroline-Ukraine to 1,200 cows. Now the blueprints are being drawn up and soon construction will begin. It is planned to install equipment of leading grobal manufacturer DeLaval in the dairy farm,» reads the report.
As to the Group, now the capacity of the farm is 600 cows.
It is to be admitted, as to the unified register of companies and individual businessmen, the ultimate beneficiary of Agroline-Ukraine is businessman Talhat Turumbayev.
It is to be mentioned, the Kusto Agro Group unites Kusto Agro Farming (crop planting), Kusto Agro elevator company, Kusto Agro Trading and Kusto Logistics.
In meanwhile, Kusto Agro produces crops with high added value. As of 2015, the Group land bank was 12,000 ha of leased land in Vinnytsia, Zhytomyr and Khmelnytsky regions.
Kusto Agro seeks to cultivate at least 100,000 ha of farmland within next five years.
Kusto Agro is part of Kusto Group (Singapore) having business within the oil, energy, agricultural, construction and other areas.
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