KYIV, March 13 – The Epicenter K Group, which was developing agricultural business under the Epicenter Agro brand in the past two years, plans to invest UAH 1.4 billion in construction and reconstruction of grain silos and UAH 665 million in the upgrade of agricultural machinery fleet in 2018.
"Today, $150 million in hryvnia equivalent has been invested in what we already have [agricultural assets]. This year the investment component is UAH 2 billion, of which UAH 1.4 billion is the construction of new and reconstruction and expansion of operating silos and UAH 665 million for the renewal of equipment. The main sources of funding are idle funds of Epicenter," General Director of Epicenter K Petro Mykhailishyn said at a press conference devoted to the development strategy of Epicenter K in the Ukrainian agrarian market on Tuesday.
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