Agroton to add 16 ths ha to land bank

Agroton (FSE: A2TA GR) announced yesterday in a press release that it applied for the registration of an additional 16 ths ha of farmland in Luhansk region in Eastern Ukraine. CEO Iurii Zhuravlov said the acquisition will increase the company’s total land bank by 32 ths ha within 4-5 months; Agroton previously announced it is in the process of registering 6 ths ha in Kharkiv and 10 ths ha in Luhansk. The company currently harvests 134.1 ths ha of land.