SAHO Group Entered Final Stage of Preparation to Spring Field Work
OREANDA-NEWS. April 11, 2011. Nowadays material and technical resources required for the campaign are being purchased, scheduled operations are under way. Already at the end of March the most southern enterprise of the holding, processing lands in Rostov region, will start seeding.
In the current spring sowing campaign SAHO continues carrying out a program of technical re-equipment, allotting for purchase of new machinery and attached implements about RUB 250 million. Farms of the holding will receive 14 large tractors “Kirovets”, 10 combines “Akros” and 11 light tractors, as well as cultivators, harrows, sunflower harvesting units.
Enterprises are provided with seeds in amount required for sowing realization on the area of about 200 000 ha which is equivalent to the 2010 level.
To finance the sowing of SAHO enterprises the Supervisory Board of Rosselkhozbank OJSC provided the credit resources in amount of RUB 1.4 billion.
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