ASTARTA continues to increase its grain storage capacity

ASTARTA continues to increase its grain storage capacity

Construction of the new grain silo with the total capacity of 100 thousand tons is underway. The silo is located at LLC «Dobrobut» of ASTARTA in Poltava region. This location bears both logistic and market advantages as more than a half of the Company’s cultivated farmland are in Poltava region. Moreover, the demand for grain storage services here is quite high.

According to the project schedule, «Dobrobut» storage complex with grain loading facilities will be launched by the fall crop harvest.

Following the investment program «Grain of ASTARTA», the Company is laying out three grain silo projects in Poltava region with total capacity of over 250 thousand tons. The construction of these grain silos should start in 2018.

Comments of CEO of ASTARTA Viktor Ivanchyk:

«We support our effective growth strategy with infrastructure projects. Over the previous two seasons ASTARTA’s harvest grew by 16% annually, and we intend to keep this dynamics of production as well as develop product quality and trading operations».

Reportedly, in 2016 ASTARTA successfully completed its investment projects and expanded storage capacity of its two grain silos in Khmelnitsky and Vinnytsia regions by 82 thousand tons.