Tuesday, January 25, 2011

Ukraine. Food grains corporation to plan to cultivate over 100 thsd ha of land areas

The State enterprise “State Food Grains Corporation of Ukraine ” plans to form land bank at the volume of over 100 thsd ha, stated Alexander Lavrinchuk, the General Director of the State enterprise “State Food Grains Corporation of Ukraine ”.

The Director noted that 5 enterprises, which are in the process of entering the corporation, treat about 10 thsd of ploughing lands. At the same time, there is an active work for agricultural lands widening.

A.Lavrinchuk specified that to date there is the process of the corporation foundation, filling by the assets. According to him, on January 20-21, the first 36 enterprises will enter the corporation as the branches, which previously were under the sphere of control of the Government Stocks Company “Khleb Ukrainy”.

The Head of the Government enterprise “State Food Grains Corporation of Ukraine ” noted that the capacities of assigning of enterprises to the authorized capital of the Corporation are estimated at the level of 3 mln tonnes of simultaneous grains and oilseeds stocking, of grains shipment – about 2.5 mln tonnes annually. At the same time, the Corporation plans to increase shipment capacities of port elevators till the level of 5 mln tonnes, to increase the capacities of linear elevators for grains stocking till the level of 4.5 mln tonnes.

He also announced that there is the Project of the Decree of the Cabinet of Ministers about assigning for managing by the corporation of additionally 13 enterprises of the Government Stocks Company “Khleb Ukrainy”.

As it was previously announced, in August 2010 the Government of Ukraine accepted the decision to found the Government Enterprise “State Food Grains Corporation of Ukraine ”. According to it, the Government Stock Company “Khleb Ukrainy” should assign 36 elevators, centers of grain production and grain stores, including Odessa and Nikolayev port elevators, to the founding enterprise.

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