Сonstruction of a new silo
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- Created on Wednesday, 28 March 2012 12:10
In January 2012 the Company started construction of a new silo for 6 250 tons which will be completed in June this year before the harvest.
CMG’s management is focused on increase of own storage capacities as agricultural holdings who own storage capacities are more competitive in crops pricing and can receive additional revenues from storage of third parties’ crops. Moreover, construction of additional storages is part of the Company’s strategy on introduction of maize - new crop for the CMG. Maize in Ukraine gives very good yields (Ukraine is No.2 world’s largest maize exporters) but requires significant storage capacities.
Taking into account capacities of silo built in September 2011 and the one which is in progress total storage capacity of CMG will reach 48 500 tons by the harvest season.
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