Agrotrade / Corporate News

AGROTRADE Group has summed up the results of 2016

12.01.17

 

Over the past year, AGROTRADE Group expanded its production, determined new markets, replenished the line of seed production with new hybrids, updated its vehicle fleet, invested 100mln UAH in production, increased profits and gained recognition for its activities.

In 2016, AGROTRADE Group assembled 300 thousand tons of early and late grains; expanded the line of production with niche cultures – lentils and flax; included new hybrid Maisadour in the lineup of seed production. This year, AGROTRADE Group received the quality certificate of “Organic Standard” and will start producing its own organic products from spring of 2017. Areas of 2,000 ha were allocated in Chernihiv, Sumy and Kharkiv oblasts under cultivation of organic crops in 2017.

The company has updated the vehicle fleet and put into operation a new large-tonnage lift on LLC “Bliznyukivsky CIP”. Investments in production amounted to 100 mln UAH.

In 2016 the Group`s profit increased by 36% in comparison with 2015. “In 2016, despite the general deterioration in the state of the economy and business of Ukraine, AGROTRADE Group continued its development and ended the year with significant achievements in the production, financial and social sectors,” commented on the results of 2016 Olena Vorona, Financial Director of the Group AGROTRADE.

In 2016 AGROTRADE Group entered the rating of the best companies in terms of yielding among the members of UCAB for its success – the AGRORADE Group company “SC-AGRO” took the second place in the nomination “Corn” in the contest “OBZHYNKY 2016”. AGROTRADE Group became the winner of the project “Agrarian Elite of Ukraine” and at the end of the year it was awarded with “The Philanthropist of the Year” award in the nomination “All-Ukrainian Business Structure”.