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Where is one of the largest farm companies owned by the Saudi Agricultural and Livestock Investment Company investing?

Ukrainian agricultural holding, owned by the government of Saudi Arabia, purchases an elevator in the Lviv region.

A trailer is loaded up with corn at the Elevator

Continental Farmers Group, which cultivates 195,000 hectares in the western regions and is the sixth largest agricultural producer in Ukraine, implemented several strategic investment projects this year. The company’s top manager, Georg von Nolken, said: “We bought a powerful elevator in the Lviv region, started building our railway logistics park by purchasing 250 grain wagons, and signed a contract to implement an advanced SAP enterprise management system. In general, investments in the company’s development have already exceeded the $50M mark. The total investment volume in the current year has already exceeded past indicators.” The company independently determines potential investment opportunities, and parent SALIC from Saudi Arabia provides the necessary financial resources. The investment in the elevator complex allows Continental Farmers Group to expand its capabilities and increase its flexibility in grain storage and shipment by various logistic routes, mainly by providing services to other farmers.

 

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