MHP invested $70-80 million in agriculture alone during the war - Dobrohirsky
Kyiv • UNN
During the two and a half years of the full-scale war, MHP invested USD 70-80 million in agribusiness, including the development of digital farming, efficient land use, soil analysis, and exports of about 200,000 tons of agricultural products per month.
Over the two and a half years of full-scale war, MHP has invested USD 70-80 million in agribusiness. This was stated by Sergiy Dobrohorsky, Deputy Chief Executive Officer for Agribusiness at MHP .
Investments in agribusiness amount to USD 70-80 million. The company also invests in other areas. For example, in 2023 alone, MHP invested more than $250 million in its development
MHP is currently actively developing digital farming. It is about efficient use of land, Dobrohorsky continued.
We can assess the potential of each plot by analyzing its soil composition and other parameters. Our land bank is 360 thousand hectares, and agrochemical analysis has already been carried out for 35% of it. In two years, we should complete this process and know exactly what condition our soils are in. These large projects are handled by the area responsible for R&D, precision farming and digital farming
Dobrohorsky also spoke about the average monthly export figures.
The average monthly output is 150 thousand tons of grain and 40 thousand tons of oil. In total, this is about 200 thousand tons of agricultural products
