Svarog West Group directs $ 3.5 million for innovative projects

Svarog West Group directs $ 3.5 million for innovative projects

27.04.2016 News

Svarog West Group directs $ 3.5 million for innovative projects

“Svarog West Group” will direct $ 3.5 million for innovative projects in 2016. That was said by the chairman of the Corporation Andrey Gordiychuk in an interview to the AgroPolit.com. According to him, the investment “appetite” of the company significantly decreased in 2016.

“But this does not apply to investments in research and development: ours are IT-solutions, decisions  in plant engineering, engineering-technical decisions. Here is, on the contrary, the process is launched, we focus attention on creating a “smart” agriculture. And it’s not just for the “Svarog West Group”company. The deeper we dive into this innovation, the more the possibilities and versatility we see for using in general for the economy, – said Andrey Gordiychuk.

He believes that such solutions can be multiplied for any form of management in the agricultural sector in Ukraine.

“Together with our partners we develop A3Tech project: investments will amount to about $ 1.5 million in new development. In our  Smart Farming (LifeAG) project we will invest $ 2 million, and in 3 years we plan to invest in it $ 5 million. The development in crop production (GENETIC PLANT CELLS) “Svarog West Group” will receive about $ 500 thousand this year. That is, overall investments  in innovative projects in 2016 will be amounted to $ 3.5 million”, – stressed the head of the corporation.

The “Svarog West Group” Corporation is the most efficient and technologically advanced agricultural company in Ukraine in the sphere of crop research. Today, the Corporation operates in three regions – Khmelnytskyi, Chernivtsi and Zhytomyr.

Source: latifundist.com

Other articles

  • Apple was deprived of a monopoly on payments for applications
    News

    Apple was deprived of a monopoly on payments for applications

    Apple Inc, according to a lawsuit filed by Epic Games Inc., must allow mobile app developers to redirect users to alternative resources to pay for services in the App Store. The Wall Street Journal reported this. A 30% commission is now charged on each purchase. Judge Yvonne Gonzalez Rogers concluded that Apple’s practice was uncompetitive […]

  • The World Bank named the conditions for the tranche to Ukraine
    News

    The World Bank named the conditions for the tranche to Ukraine

    The World Bank will provide Ukraine with a second tranche of $ 350 million, but subject to certain conditions. WB Vice President for Europe and Central Asia Anna Bjerde told Interfax-Ukraine what exactly is expected from Kyiv. “The prospects for the second tranche of the Economic Recovery Development Policy Loan depend on maintaining an adequate […]

  • Swedish Tech Company Beetroot Expands With New Location in Mariupol
    News

    Swedish Tech Company Beetroot Expands With New Location in Mariupol

    September 13, 2021 — Stockholm, Sweden — Beetroot AB, the tech division of the Beetroot ecosystem, opens a new location in Mariupol, Ukraine. The company is currently accepting applications for over fifty software development vacancies in its international client projects.   In Mariupol, Beetroot will focus on building teams of tech specialists to work on a […]

  • Google has appealed France’s fine of half a billion
    News

    Google has appealed France’s fine of half a billion

    The American multinational corporation Google, fined in France for copyright infringement, has announced its intention to appeal the decision of the French regulatory authorities. This was announced on Wednesday, September 1, the chairman of the board of Google France Sebastien Missoff. “We do not agree with some legal nuances and consider the amount of the […]

  • The Ministry of Agrarian Policy announced the number of registered land agreements
    News

    The Ministry of Agrarian Policy announced the number of registered land agreements

    As of September 1, 11,499 agreements have been concluded within the land market. Poltava (2,873.6 ha) and Kharkiv (2,747.4 ha) regions are in the lead. This was reported by the press service of the Ministry of Agrarian Policy. It is noted that 4836 notaries have applied for access to the State Land Cadastre. A total […]

  • Metinvest has reduced its debts by half
    News

    Metinvest has reduced its debts by half

    In the first half of 2021, Metinvest earned $ 2.769 billion compared to a loss of $ 240 million a year earlier, according to the company’s press service. According to the financial report, as of June 30, the Group’s net debt decreased by 52% since the beginning of the year – to $ 1.016 billion, […]

  • A diamond processing plant is being sold in Ukraine
    News

    A diamond processing plant is being sold in Ukraine

    The State Property Fund of Ukraine has put the Vinnytsia diamond processing plant Crystal up for privatization auction for almost 90 million hryvnias. This is stated in the message of the Foundation. It is noted that the plant not only cuts and grinds precious stones, but also makes jewelry. They produce more than five thousand […]

  • The National Bank suffered billions in losses
    News

    The National Bank suffered billions in losses

    In the first half of the year, the National Bank suffered UAH 12 billion in losses, according to the central bank’s press service. In this regard, next year, according to the forecast, the NBU will transfer to the budget UAH 13.6 billion, which is 1.8 times less than this year (UAH 24.4 billion). It is […]

Read also

Svarog West Group directs $ 3.5 million for innovative projects
News

Tesla has tripled insurance payments to Elon Musk

Tesla Inc. paid its chairman and founder, Elon Musk, $ 3 million in compensation for D&O insurance to defend, settle disputes, or make court decisions. This was reported by Insurance Business. This insurance covers the expenses of the members of the board of directors, which are not included in the general expenses of the top […]

Next
Svarog West Group directs $ 3.5 million for innovative projects
News

US companies plan to reduce the office space

More than the half of the American companies plan to reduce their office space because of the remote work will become a common option even after the end of the COVID-19 pandemic. This was reported by the Bloomberg, citing to the study by Cisco Systems. Agency interviewed 1,569 business leaders, employees of companies responsible for […]

Next
Svarog West Group directs $ 3.5 million for innovative projects
News

Prices for Brent suddenly fell

The price of May futures for Brent oil on Thursday, March 18, on the London Stock Exchange ICE, fell below $ 62 per barrel, according to trading data. Thus, the price of May futures for Brent oil on the London Stock Exchange ICE lowered by 9% and fell below $ 62 per barrel to $ […]

Next
Svarog West Group directs $ 3.5 million for innovative projects
News

Ukraine is among the ten countries with the highest earnings on Bitcoin

Ukraine is in the top 10 countries with the highest earnings on Bitcoin in 2020 – Ukrainian investors received about $ 400 million in profits on cryptocurrency. The Ministry of Finance with reference to the data of the analytical company Chainalysis reported this. The authors of the rating draw attention to the obvious dominance of […]

Next
Svarog West Group directs $ 3.5 million for innovative projects
News

Svarog West Group directs $ 3.5 million for innovative projects

“Svarog West Group” will direct $ 3.5 million for innovative projects in 2016. That was said by the chairman of the Corporation Andrey Gordiychuk in an interview to the AgroPolit.com. According to him, the investment “appetite” of the company significantly decreased in 2016. “But this does not apply to investments in research and development: ours are IT-solutions, […]

Next
Svarog West Group directs $ 3.5 million for innovative projects
News

The second bakery was sold for 150 million in Ukraine

The State Property Fund sold the Radyvyliv Bakery in Rivne Oblast at an auction on Monday, August 30, for 147 million hryvnias. This is evidenced by data from the Prozorro system. Two companies took part in the auction, the winner was a small private enterprise Horizont, owned by the deputy of the district council Ivan […]

Next
Svarog West Group directs $ 3.5 million for innovative projects
News

PIFs brought a million dollars to the budget for the year

Currently, there are almost 2 million entrepreneurs in Ukraine, and each of them pays an average of 13 thousand hryvnias a year. Thereby, in 2019, the turnover of the PIF`s economy amounted to 1 million dollars. “Over the past eight years, revenue from private individuals to the budget have increased by 24 times. In the […]

Next
Svarog West Group directs $ 3.5 million for innovative projects
News

The Nikkei index has become the highest since 1991

Trading on Asia’s largest stock exchange on Asia on Tuesday opened another rise amid the continuing strengthening of indices in New York. This is evidenced by the data of stock trading on the website of the Tokyo Stock Exchange. The Nikkei index, which reflects fluctuations in the stock prices of 225 leading companies in the […]

Next
Svarog West Group directs $ 3.5 million for innovative projects
News

The Bank of England granted the NBU’s request for PrivatBank

The Bank of England granted the request of the National Bank of Ukraine on the legality of the bail-in operation of four issues of its Eurobonds worth $ 595 million conducted at the end of 2016 during the nationalization of PrivatBank. “In accordance with section 89H, the Bank of England has decided to recognize the […]

Next
Svarog West Group directs $ 3.5 million for innovative projects
News

TAS Group buys Aegon Life Ukraine

The Ukrainian insurance company TAS Group, belonging to Sergey Tigipko,has absorbed the Netherlands private joint-stock company Aegon Life Ukraine which management made the decision to abandon the Ukrainian market. For shareholders of Aegon Life Ukraine 2015, it has ended with the net loss in the amount of 3,6 million hryvnias. Total receivables of insurers from […]

Next
Svarog West Group directs $ 3.5 million for innovative projects
News

Oschadbank won the case in the Deposit Guarantee Fund

The state financial institution Oschadbank won the Court in the Individuals Deposit Guarantee Fund (IDGF), and obtained the right not to return 2 billion UAH, that was  received from the Delta Bank. This was stated by FinClub. “The essence of the conflict is to try to return to the Delta assets that Oschadbank received from […]

Next
Svarog West Group directs $ 3.5 million for innovative projects
News

“Agroprosperis” invested about $ 50 million in the elevator business

During the past 5 years was invested about $ 10 million per year in the construction and modernization of the elevators of “Agroprosperis”. This was told by the CEO of the NCH Agribusiness Investment Fund – “Agroprosperis” Group of companies, Igor Osmachko in an interview to the Liga.Business. “For the moment, the structure of the […]

Next
Svarog West Group directs $ 3.5 million for innovative projects
News

Elektrovazhmash will modernize Ukrzaliznytsia’s locomotives

Kharkiv plant Electrovazhmash will soon receive a certificate and will participate in tenders of Ukrzaliznytsia for the renewal of rolling stock. This was announced on Thursday, March 25, the State Property Fund. Representatives of the companies discussed further cooperation within the framework of the previously signed road map. The Minister of Infrastructure Vladislav Krykliy and […]

Next
Svarog West Group directs $ 3.5 million for innovative projects
News

Coca-Cola sells the manufacturer of “Yarilo” kvass

The Antimonopoly Committee gave the permission to the Nova Trade LTD Baileys company for the  acquisition of more than 50% stake of the company “Kvass Beverages”, which is the part of the Coca-Cola Company Group. This is said in a statement of the regulator. The “Kvass Beverages”Company from Zaporizhzhya  produces kvass of live fermentation under  “Yarilo” […]

Next
Svarog West Group directs $ 3.5 million for innovative projects
News

Investors lodged a class action complaint against Facebook

Recently, a federal court  of the USA  has received several class lawsuits where the world’s most popular social networking site Facebook is a defendant. The plaintiffs in the case are large investors of Facebook. The global network Facebook is accused by investors that it  has not notified them of the risks and concerns that relate […]

Next
Svarog West Group directs $ 3.5 million for innovative projects
News

Oschadbank restricts the Avangard-Agro

According to financial club, Oschasbank agreed with the credit debt of  JSC Avangard-Agro (AG) restructuration. The owner of AG is Oleh Bahmatiuk. It was published in the holding quarterly status report in London exchange. According to documents, the amount of debt will be  converted in Ukrainian gryvnia by the rate of 25,65 UAH per 1 […]

Next
WP2Social Auto Publish Powered By : XYZScripts.com