Alfa-Group is looking to set up an agro holding in Ukraine
2013-01-24 15:21:36
According to the official information released by Forbes Ukraine, Alfa Group subsidiary in Ukraine, A1 is looking for opportunities in agrarian sector with its newly appointed CEO, Teymoor Bagirov. Investment company in Ukraine is seeking for investment projects, total worth, not less than USD 50 M. Within this task, given to top management of the company from parent company there is a possibility of purchasing a company with a land bank of approximately 50 000 hectares and turning it into an agro holding. Company is still seeking for opportunities as of right now.
AgroInvest comment: Rapidly increasing global demand for agricultural commodities and therefore rapidly increasing prices for such lead to increasing interest of investment companies in large projects in agricultural sector. Such projects are available exquisitely in Ukraine, where companies may operate land bank of 400-500 thousand hectares. We expect more interest from other companies this year.