MK Group's company wins the Agrarian Elite of Ukraine award - Previous investments worth EUR 35 million

Source: eKapija Tuesday, 17.05.2011. 14:18
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The company Agro Invest Ukraine, which operates as part of MK Group, has been declared one of the most elite agrarian companies in Ukraine. This award has been presented to MK Group within the scope of the Agrarian Elite of Ukraine project of the renowned magazine The Ukrainian Farmer.

Agrarian Elite of Ukraine is a special project of the most famous agrarian magazine in Ukraine - The Ukrainian Farmer, which represents a comprehensive analysis of the Ukrainian agrarian market. At the same time, it is the first project of the kind to rank the most successful Ukrainian agrarian companies using the analytical methodology.

- MK Group is one of rare Serbian companies that invest abroad. It is an honor to be in the company of the most successful companies and businessmen in Ukraine, the ones who represent the strength and engine of the development of the Ukrainian agriculture. This is another stimulus and additional motivation for the company Agro Invest Ukraine to continue implementing the business philosophy of MK Group on the territory of Ukraine. After our successful performance in Ukraine, we plan to invest in similar projects in Russia and Belarus as well - says Zeljko Erceg, director of Agro Invest Ukraine.

MK Group is currently cultivating about 30,000 hectares of land in Ukraine and it has so far invested EUR 35 million in the acquisition of agricultural companies, procurement of contemporary agricultural machines and accompanying equipment, and working capital, as well as in the construction of one of the largest silo complexes in Ukraine (120,000 tonnes) in association with the EBRD.

The concept of further expansion of operations in Ukraine is based on the expansion of land complex to over 100,000 ha and the development of logistics through a network of silos and the company's own transport. In addition, construction of a corn starch and starch products production plant is also in the pipeline.

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