TAS-Agro is going to increase its land bank up to 55 thous. Ha

TAS-Agro is going to increase its land bank up to 55 thous. Ha

11.04.2016 News

TAS-Agro is going to increase its land bank up to 55 thous. HaThe TAS-Agro company  plans to increase its land bank from  95 to 150 thous. Ha. The company is interested in areas in the northern part of Ukraine. This was announced by the investment chief of the TAS Group company –  Anton Kernasovskyi, –  says  delo.ua.

According to him, he does not know exactly when and what company the group is going to buy.

“As the Chief of the  Investment Officer, I would like that to happen during 2016, however, it will depend on when we find a company that meets our conditions”, – he said.

It is noted that the company is interested in lands, which are located “in the north of the center of the country”.

Asked about increasing capacity for storage of grain, Anton Kernasovsky said that such  decision will be made after the expansion of the land bank.

It will be recalled, that in 2008 the Kinnevik Swedish company and the TAS group created the  small agricultural holding RoAgro with a land bank of 14 thousand  hectares, which in 2010 had already labored 25 thousand hectares of land. In  2011 the Swedish company went out of the RoAgro control and in the same year, the TAS  group got another agricultural project – the Tagron. In 2013, the assets were combined under the name of “TAS-Agro”.

The profile culture of the company are winter wheat, corn, sunflower, soybean. Storage capacity is 6 elevator farms with a total capacity of over 250 tons of simultaneous storage. The number of employees is 3,000 people.

Source: delo.ua

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