Astarta  agricultural company invests € 24 million in development of its  business

Astarta agricultural company invests € 24 million in development of its business

04.02.2016 News

Astarta  agricultural company invests € 24 million in development of its  business According to the CEO of Astarta, Victor Ivanchik, the investment plan has already been approved. The money also will be spent on the modernization of agricultural production and technology, modernization of sugar factories.

The total investment of agricultural holding Astarta for 2016 remains at the level of 2015 and amounts to € 24 million, 60% of them are investments in agricultural production, 30% -sugar  production, 10% – other business segments. In particular, this year planned investments to increase the capacity of 2 elevators (60-80 ths. tons) and the purchase of equipment.

Viktor Ivanchyk, the general director of agricultural holding said about this:

“As in 2015, characteristic of the rotation remains a significant part of the sugar beet, wheat, soybean, corn and sunflower. Condition of winter crops is satisfactory, not all winter crops sprouted in eastern Ukraine. Spring will show the true situation, but we are ready for any option”.

For spring planting fertilizers and seeds were purchased. Fully signed contracts for the supply of plant protection products. In the process are contracting on fuel.

“The approximate price of diesel fuel is seen at 13.5 – 14 thousand UAH / ton” – Said the director of the company.

In general, over the last 10 years the amount of investment in business development of “Astarta” amounted to $ 500 million.

Astarta is the agricultural holding, the main business areas of which are the production of sugar and related products, grains and oilseeds, as well as milk and meat. The company is the leader of the Ukrainian sugar market and one of the largest milk producers in the country.

Source: agroportal.ua

Other articles

  • The world’s first country legalized bitcoin as a means of payment
    News

    The world’s first country legalized bitcoin as a means of payment

    El Salvador was the first in the world to legalize bitcoin as an official means of payment. Such a law was passed by the country’s parliament. 62 parliamentarians supported the bill, 19 voted against, and three abstained. President Nayib Bukele intends to sign the law soon, after which it will take effect “immediately”. Thus, accepting […]

  • Pfizer has begun testing the COVID vaccine on children under 12 years of age
    News

    Pfizer has begun testing the COVID vaccine on children under 12 years of age

    Pfizer will test its COVID vaccine in children under 12 years of age. Radio Svoboda reported this with reference to the company’s statement. The study will involve up to 4,500 children in the United States, Finland, Poland and Spain. The drug is already approved for use in emergencies for adolescents 12 years and older in […]

  • The president promises industrial reform in 10 years
    News

    The president promises industrial reform in 10 years

    It takes at least 10 years to reform Ukrainian industry. President Volodymyr Zelensky stated this during the Ukraine 30 forum. “Modernization of industry, which has not taken place in Ukraine so far, will take place this time. We are talking about modernization of large industry, any, not just TPP. But do not believe those who […]

  • The media has learned that American billionaires pay meager taxes
    News

    The media has learned that American billionaires pay meager taxes

    In the United States over the past 15 years, 25 billionaires have paid a much lower income tax than they should have. ProPublica based on confidential data from the US IRS published the investigation. In particular, among the 25 billionaires are Berkshire Hathaway CEO Warren Buffett, former New York Mayor Michael Bloomberg, Amazon founder Jeff […]

  • Biden overturned Trump’s decree banning TikTok
    News

    Biden overturned Trump’s decree banning TikTok

    US President Joe Biden on Wednesday, June 9, signed a decree lifting restrictions against Chinese services TikTok and WeChat, imposed by former President Donald Trump. The press service of the White House reports. This is a decree of August 2020 on restrictions against the Chinese companies ByteDance and Tencent, which own the video service TikTok […]

  • Zoom projected revenue for 2021 at about $ 4 billion
    News

    Zoom projected revenue for 2021 at about $ 4 billion

    The company, which was boosted by the coronavirus pandemic, continues to grow customers despite declining video conferencing. From February to April, 497 thousand organizations bought the premium version of Zoom, which is almost 30 thousand more than in the period from November to January. Although these data suggest a slowdown in customer growth, as from […]

  • Virgin Galactic has announced a research flight
    News

    Virgin Galactic has announced a research flight

    Richard Branson’s aerospace company Virgin Galactic has announced a contract for a special research flight by Kelly Gerard, a member of the International Space Institute (IIAS). The astronaut will conduct experiments and test new health technologies while in space. The company’s shares in the premarket rose 7.61% to $ 33.5. “Much of our mission is […]

  • Biden blacklisted 59 Chinese companies
    News

    Biden blacklisted 59 Chinese companies

    U.S. President Joe Biden on Thursday signed a decree banning Washington from investing in 60 Chinese companies that the White House says are undermining U.S. security. “This executive order allows the United States to ban investments in Chinese companies that undermine the security or democratic values ​​of the United States and our allies,” the document […]

Read also

Astarta  agricultural company invests € 24 million in development of its  business
News

Life announced the rebranding

The “Astelit” company in the near future will carry out the rebranding of mobile operator life. It is not just about changing the symbols and corporate colors, but also to change the name: new brand can get a name ‘lifecell’ similar to the parent company Turkcell. As well as the logo symbol of the Turkish […]

Next
Astarta  agricultural company invests € 24 million in development of its  business
News

United Airlines announces possible layoffs of more than a third of its staff since October 1

One of the largest airlines in the United States and globally, United Airlines Holdings Inc., warned on Wednesday that it could lay off 36,000 employees since October 1. Almost half of these employees are flight attendants. The company employed about 96,000 people as of December. This step of United confirms the deplorable state of the […]

Next
Astarta  agricultural company invests € 24 million in development of its  business
News

50 thousand UAH is the limit of the payment in cash?

New maximum possible amount for calculating the cash will be installed since January, 4 this year by National Bank of Ukraine. It will now be the ultimate indicator of 50 thousand UAH instead of the previous 150, according to the source delo.ua. These rules are specified in the decision № 407 of the National Bank […]

Next
Astarta  agricultural company invests € 24 million in development of its  business
News

Britain will provide $ 6.5 million for the aid to Ukraine

UK will provide humanitarian assistance to Ukraine in the amount of 6.5 million dollars to support the regions in the east of the country affected by the armed conflict and the pandemic, said in the statement issued by the Foreign Ministry of the United Kingdom. This was reported by TASS. As specified, the allocation of […]

Next
Astarta  agricultural company invests € 24 million in development of its  business
News

CEO Pfizer sold $ 5.6 million worth of shares

On Monday, November 9, Pfizer CEO Albert Burla sold 62% of his shares in the pharmaceutical company. This was reported by Markers Insider, citing documents from the US Securities and Exchange Commission (SEC). On the same day, Pfizer and BioNTech announced that their experimental COVID-19 vaccine had been successfully tested. Albert Burla sold 132,508 shares […]

Next
Astarta  agricultural company invests € 24 million in development of its  business
News

IKEA has bought thousands of hectares of forest in the United States to stop deforestation

IKEA’s parent company, Ingka Group, bought 4,500 hectares of forest in Georgia to protect the local ecosystem. Therefore, the holding plans to prevent the felling of trees in the US state. “The forest in the Altamaha River basin, where the rare gopher turtle lives, now belongs to the parent company IKEA,” the statement said. Commenting […]

Next
Astarta  agricultural company invests € 24 million in development of its  business
News

Apple requires from Samsung $ 180 million additional fine

According to the results of the outgoing year, Apple and Samsung have not settled the patent dispute in court. As predicted by experts, the penalty in the amount of $ 548 million, which was awarded to pay Samsung for patent infringement, did not accept the competitors, and Apple has demanded additional sanctions in the amount […]

Next
Astarta  agricultural company invests € 24 million in development of its  business
News

Ukrainska pravda changed its owner

Olena Prytula, editor-founder of the Ukrainska pravda online publication, and Tomasz Fiala, CEO of Dragon Capital, have entered into an agreement under which 100% of the corporate rights to the publication and all its assets will pass to the Dragon Capital Group. This was reported on the website of the investment company. It is noted […]

Next
Astarta  agricultural company invests € 24 million in development of its  business
News

SWEDEN-UKRAINE ICT CONNECTION 2019

BUSINESS TALKS, START-UP ALLEY AT #SUBF19 MAY 23 2019, KYIV TIME: 14:30-16:30 VENUE: PARKOVY CONGRESS AND EXHIBITION CENTER, KYIV, PARKOVA DOROGA 16A MODERATOR: BOHDAN SENCHUK, President of Swedish Business Association in Ukraine TOPICS FOR DISCUSSION: 1. ITC business partnership between Sweden and Ukraine; 2. Business climate in Ukraine: pros and cons to start, develop and […]

Next
Astarta  agricultural company invests € 24 million in development of its  business
News

CMU made Ukrainian business a lot easier

On 23rd of November 2016 the Cabinet of Minister’s representatives have reported about the  results in the sphere of business simplification in Ukraine . According to a report, 367 regulatory legal acts have been  cancelled.  It concerns a law system, notary service payment mechanism for the legal entities, agricultural sector, standard assessment calculation procedures  of […]

Next
Astarta  agricultural company invests € 24 million in development of its  business
News

What can attract Arab companies on the Ukrainian market?

In Ukraine it may soon be a new bank, whose founders will be the Arab leaders of business – community. About this initiative, which sounded Ukrainian-Arab Business Council, informs UNIAN source. This proposal of Council was strongly supported by the authorized persons of the National Bank and the Cabinet. The ofmeeting of business circles of […]

Next
Astarta  agricultural company invests € 24 million in development of its  business
News

Tesla shares soared 8% on delivery news in the second quarter

Tesla shares reached their new peak on Thursday jumping 7.95% to a price of $1208.66. The manufacturer of electric cars Tesla was rated as the world most expensive automaker (in terms of market capitalization), overtaking the world leader Toyota Motor. Since the beginning of the year, Tesla shares have risen by 189% having climbed 166% […]

Next
Astarta  agricultural company invests € 24 million in development of its  business
News

Ford will invest $ 4.5 billion in the creation of electric cars

The car company plans to increase the production of electric and hybrid cars, and in the coming years will be actively engaged in developing new models. Leaders of  Ford Motor Company announced that they plan to invest in the production of electric and hybrid vehicles $ 4.5 billion. The CEO of the company  Mark Fields […]

Next
Astarta  agricultural company invests € 24 million in development of its  business
News

ATB will open 100 new stores in 2016

ATB-Market LLC (Dnepropetrovsk), completed 2015 with a turnover of 46.7 billion UAH (including VAT) by increasing the rate for 16.5% comparing the level of 2014. This was stated by the chairman of the board of the directors, CEO of the “ATB” Boris Markov in an interview to “Business” from 29 February 2016. According to him, […]

Next
Astarta  agricultural company invests € 24 million in development of its  business
News

Oracle becomes a №1 candidate of buying the TikTok after the company rejected for Microsoft

Microsoft`s shares fell slightly on Monday before the opening of trading due to the news of the failure the deal of buying the popular application TikTok in Chinese ByteDance. Through the support of the deal by President Donald Trump, Shares of Oracle, which is considered №1 candidate of buying TikTok increased by 10% before the […]

Next
Astarta  agricultural company invests € 24 million in development of its  business
News

China will not sell TikTok to Americans

Beijing believes that the terms of the agreement of selling the US division of TikTok to Oracle and Walmart threaten China’s national security. According to Reuters, referring to the Chinese the Global Times, Beijing will not accept such conditions. At the same time, there has been no official government statement on the issue yet. The […]

Next
WP2Social Auto Publish Powered By : XYZScripts.com