Kernel is planning to build 3 elevators in Western Ukraine
2013-01-17 12:52:42
According to the information released by Kernel representative, Valeriy Kuzmin, executive manager of operations in the Western region, company will construct 3 elevators in Khmelnitskiy region. Those elevators will be constructed in Dunaevskiy, Kamenets-Podilskiy and Starokonstantinovskiy regions. Capacity for each elevator is currently evaluated at 150-200 thousand tons. The decision is justified by Kernel’s plan to increase land bank to 150 thousand hectares. Approximate worth of each elevator is estimated at UAH 3-5 M.
AgroInvest comment: 3 new elevators will be a nice addition to Stiomy Holding, acquired by the company in 2012 and reported only recently. Company will continue its growth and expansion in 2013.