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State Grains Corporation has invested UAH101 million in self-modernization
13.03.2019 22:47 "Agro Perspectiva" (Kyiv) —
As of 2018, the Ukrainian State Foods and Grains Corporation invested UAH101 million into the optimization of its output process, equipment modernization and processing process development, Ukrinform says referring to the Corporation report.
«The Ukrainian State Foods and Grains Corporation, as of 2018, boosted the volume of its capital investments up to UAH101 million. Investment projects were aimed at its output processes’ optimizing, equipment modernizing and processing developing,» the report reads.
As to the report, as of 2018, 16 companies owned by the Corporation received new separators and grains loaders - what allowed them to purify their grains more efficiently and boost their elevators’ throughput capacity.
As to the report, as of 2018, the Corporation installed new grains drying machines at three of its companies; besides, the Corporation upgraded the laboratory equipment at 27 of its elevators; also, the Corporation upgraded railway and automobile access roads at eight of its companies , and installed for them additional grains’ shipping points at their grains-wagons.
«This year, the Corporation will spend UAH179.8 million for its capital investments. These investments will help boosting the Corporation flour output by 15% (or up to 26,000 tons per year), as well as strengthen the Corporation presence on the Ukrainian domestic market,» Acting Chairman of the Corporation Board Iryna Marchenko admits.
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