Svarog West Group is planning to implement USD 50-80 Ml worth of investment projects together with European partners in 2015
In particular, Svarog West Group is planning to invest $30-35 Ml next year to build a soybean crushing plant with an annual capacity of 350 KMT and to continue a project for upgrading the Shepetivka cultivator plant (total amount of USD 10 Ml).
The soybean crushing plant is expected to be launched in early 2016.
In addition, the corporation intends to begin the construction of a facility for processing niche crops – kidney beans, lentil, chick-pea, linseed – in Khmelnytsky region. Its investment in this facility is projected at some USD 10 Ml.
Eventually, this will be ready-to-eat packed foods for various consumers in the European Union: from catering agencies to trading networks. We are also planning to develop markets in the Near East and Asia.
It is planned to spend about USD 5 Ml on scheduled renewal of agricultural machinery in 2015.