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«AgroInvest» — News — APK-Invest group of companies invests UAH 10 million in expansion of agricultural machinery park

APK-Invest group of companies invests UAH 10 million in expansion of agricultural machinery park

2013-09-25 10:32:18

According to the development plan, a group of APK- Invest companies increased the agricultural machinery park by 14 units. New high-performance self-propelled and towed machinery was purchased for the department of plant growing and farming from leading manufacturers Case and Vaderstad.

The investment amount made up UAH 10 million, the company told Ukrinform.

"Expansion of the machine and tractor park will enable reducing production expenses, optimizing the terms for carrying out works under conditions of the climatic instability and increasing the sowing area. Multifunctional machines and mechanisms are planned to be used for fulfillment of all types of soil cultivation and sowing of oil-bearing crops and grain crops, winter wheat including," a statement reads.

To note, the APK-Invest lands, designated under winter wheat this year, increased by 30% against 2012. Expansion of the machine and tractor park created a reserve for further increase of the land bank of the APK-Invest group of companies, the agricultural sector specialists emphasized.

As reported by Ukrinform, the Agricultural Policy and Food Ministry experts maintain that in 2013, Ukrainian agricultural producers can attract no less than USD 3 billion of investments into the agricultural sector.

Investments in energy saving have large investment potential (by the experts' opinion, this investment potential is about USD 100 billion); as well as in hydrocarbon's production, including in gas output on the Black Sea shelf and shale gas and coal seam gas (CSG); production of alternative energy.

To remind, the year of 2012 into renewal energy became the second year by the volume investments (USD 244 billion), starting with 2006. At the same time, total investment amount over a period since 2006 and until 2012 reached USD 1.3 trillion. As before, a trend toward growth is preserved in developing countries, whose investments reached USD 112 billion against about USD 132 billion, made by developed nations. This sharp change compared to 2007, when the developed nations invested 2.5 fold up (without taking into consideration large hydropower stations) into renewable energy sources against the developing countries, which accounted only for 18%. In 2012, total investment volume of the global use of renewable energy sources (with taking into consideration small hydropower projects) made up USD 244 billion. Over the previous years, global investments amounted to USD 279 billion (in 2011), USD 227 billion (in 2010), USD 168 billion (in 2009), USD 172 billion (in 2008), USD 146 billion (in 2007) and USD 100 billion (in 2006).

The experts draw attention to the fact that applicable legislation in Ukraine is aimed at stimulating of an investment inflow into the economy, which envisages additional benefits for the nearest 19 years.

The government reviewed the criteria, to which investment projects should correspond to. Their cost for great business must exceed EUR 12 million and the number of new working places - 250. Parameters for medium-sized businesses are EUR 1 million and 50 working places and for small enterprises - EUR 500,000 and 25 working places.

 

 

Ukrinform