Group of companies UkrAgroCom & Hermes-Trading to invest over 300 mln USD in development of agribusiness

Group of companies UkrAgroCom & Hermes-Trading to invest over 300 mln USD in development of agribusiness

Group of companies UkrAgroCom & Hermes-Trading to invest over 300 mln USD in development of agribusiness

The FINANCIAL -- In the following 7-10 years the Group of companies UkrAgroCom & Hermes-Trading plans to optionally invest more than 300 mln USD in development of the agricultural sector of Ukraine, declared Yuri Skichko, Director of Hermes-Trading LLC, at the Ukrainian-American Agrarian Congress in Washington, D.C. on March 25.

In terms of stabilization of the economic situation in the country, the reporting funds will be directed to development of agricultural production and logistics of the river infrastructure, purchasing and construction of the river fleet, inland silos and deep-sea port in the region of Nikolaev city, said Y.Skichko.

Also, he reminded that during 15 years of the company's operations, the general sum of agricultural investments of the company totaled nearly 250 mln USD.