June 30, 2011

 

French AgroGeneration to finance grain silos in Ukraine

 

 

French AgroGeneration has started a public offering, where it is planning to earn EUR10 million (US$14.5 million) to finance the construction of grain silos in Ukraine, the press office of the company reported.

 

AgroGeneration announced that it intends to build or buy in Ukraine, two granaries with a capacity of 76 thousand tonnes of grain by 2013.

 

According to the company, this will help solve the logistical problem in the country and will make it less dependent on big grain traders.

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