Germany’s Bayer opened a $200 million seed production plant Wednesday in Pochuiki, Zhytomyr region

Germany’s Bayer opened a $200 million seed production plant Wednesday in Pochuiki, Zhytomyr region, 100 km southwest of Kyiv. Plant construction was started by an American company, Monsanto, but in June, Monsanto was acquired by Bayer. To receive EU and US regulatory clearance for the purchase, Bayer sold much of its agriculture businesses, including seed production, to BASF. President Poroshenko participated in the opening and wrote on his Facebook page: “This is more evidence that Ukraine is an attractive country for international investment.”