ROSTOK-HOLDING invested USD 8.5 mln in development

Group ROSTOK-HOLDING invested USD 8.5 mln in development last year.

This was reported by the CEO of the Group Veleriy Laskov in the interview for AgroPerspectiva.

According to him, the greater part of this amount was aimed at increasing the elevator capacity, in particular, for the reconstruction of Novgorod-Seversky elevator, as well as the purchase of agricultural machinery.

Group clusters in January-October 2017 replenished the technical park with 30 units of machinery and equipment produced by John Deere, Case, Horsch, KUHN, Tecnoma.

"Investments in modern machinery will improve the technological processes of soil cultivation, save fuel, ensure timely harvesting and minimize losses. The effect of investments in such equipment is visible already in the first year of its use," Valeriy Laskov said.

Valeriy Laskov also noted that in 2018 it is planned to invest in machinery almost USD 1.5 mln.