OREANDA-NEWS. UKRLANDFARMING PLC ("ULF" or the "Company"), the leading agricultural producer in Ukraine, today announces the launch of the first stage of its grain elevator in Ostriv, Ternopol region, Ukraine.

The first stage of the elevator has four silo towers with a storage capacity of 70 thousand tonnes in corn equivalent, a grain drying complex with a drying capacity of 250 tonnes/hour and a oilseeds drying complex with a capacity of 38 tonnes/hour. The current storage capacity expansion is in line with ULF's strategic plans to meet its crop storage needs.

Currently, the Company operates ten vertical grain elevators and 216 horizontal storage facilities with the combined storage capacity of 1.9 million tonnes.