KSG Agro Purchased 1,466 Sows and Boars
OREANDA-NEWS. In accordance with the Company’s strategy, breeding equipment purchased from the German manufacturer Big Dutchman was delivered and installed in the reconstructed part of the Company’s pig production facilities in the Dnipropetrovsk region. To enable the import of livestock, two buildings with a total area of 4 thousand square meters have been put into use.
The refurbished facilities have accommodated 1,419 sows and 47 boars purchased from a Danish pig breeding company. All the animals are in good shape after the journey and are now under a watchful eye of Danish and Ukrainian specialists. This operation marked the completion of the first of the three stages of delivery of breeding animals from the Danish company Breeders of Denmark.
Intensive construction and fit-out works in preparation for the acceptance of livestock in the second and third stages of delivery are still underway.
Furthermore, the Company has successfully completed the first stage of its spring field works involving early sowing of cereals and oilseeds.
The Company also announces that the events in Cyprus have had no impact on the Holding’s financial position or business as neither KSG Agro S.A. nor its subsidiaries have any funds deposited in any banks in Cyprus.
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