Ukraine. TAS Agro increases land bank in Ukraine to 83,000 hectares

05.03.2019

TAS Agro agricultural holding in 2018 increased its land bank by 11.4%, to 83,000 hectares, businessman Sergiy Tigipko has said.

“In 2018, we bought the lease rights for 8,500 hectares of land: 3,500 hectares in Kherson region for irrigation and 5,000 hectares in Chernihiv region. Now we have about 83,000 hectares. And we are also considering two more transactions: for 3,000 and 12,000 hectares. If we agree on conditions, then we will buy them,” he said in an interview with the New Time (Novoye Vremia) magazine.

According to Tigipko, TAS Agro is not actively involved in processing now.

“Working in the bank, we see the profitability of many businesses: how they earn on eggs, poultry, or milk. And nowhere do we see more profitability than just in production of grain,” the businessman said.

TAS Agro cultivates land in Vinnytsia, Kyiv, Kirovohrad, Chernihiv, Mykolaiv, Sumy, Kherson, and Dnipropetrovsk regions. It is engaged in dairy cattle breeding (up to 5,500 animals), owns six elevators with a capacity of 250,000 tonnes.


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