Ukrros plans to extend its land bank from 70 to 90 ths ha in 2008

28 May 2008

Ukrros (UROS: BUY) plans to extend its land bank from 70 ths ha to 90 ths ha in 2008, CEO Alexei Krutybich said at the company’s AGM yesterday. Krutybich said Ukrros was looking at investing USD 70 mln into development this year (USD 30 mln on reconstruction of sugar plants and USD 40 mln to purchase new equipment).

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