What’s happening at CPG
CPG Implements Cropwise Satellite Field Monitoring
As part of its ongoing investment in the latest agronomy technology CPG Ukraine has implemented the satellite field monitoring system, Cropwise from Syngenta Digital. Not only does this give real time crop performance data it allows CPG to further reduce its Carbon Footprint through reduced travel and focussing agronomy efforts on the areas requiring attention.
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June 25th, 2021
OTP Leasing have approved $1.5m Asset Financing Facility with CPG
On 22 February 2021, the Credit Committee of OTP Group in Ukraine approved a $1.5m leasing financing facility for CPG Ukraine to acquire vehicles, machinery and equipment to support its expansion in Western Ukraine. Details of the offer are commercially confidential, however, the facility provides hard currency financing in EUR or USD and is a […]
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May 4th, 2021
USAID to Provide Grant Aid Support to CPG Ukraine initiative
We have been observing a certain paradox for the last few years: On the one hand, Ukraine is the fifth largest producer of potatoes in the world and, according to various estimates, produces up to 20 million tons of potatoes per year. On the other hand, Ukraine imports foreign potato starch, french fries and other […]
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May 4th, 2021
Lviv Governor and his Team Declared their Full Support of CPG’s Investment Projects
On 3 March 2021, the Lviv Governor, Maksym Kozytskyi, met with representatives of CPG, including Parent Company Director Oleg Drin, to discuss the Company’s investment in potato processing and storage in the Lviv Region. The detailed link to the announcement on the Lviv Local Government website is as follows: https://loda.gov.ua/news?id=57416 The English translation of this […]
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March 3rd, 2021
CPG concludes acquisition of Glynyani 6.5 Ha base
On 15 February 2021 Central Plains Group Limited concluded the acquisition of the 6.5 hectare production base at Glyniani in the Lviv Oblast. This base is the location of the Starch Operations for CPG and is well located close to much of the CPG farming landbank and only 25 km from the existing farming base […]
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February 15th, 2021
CPG Signs Starch Line Supply Agreement with Larsson Sweden
On 26 January 2021 Central Plains Group Limited concluded its agreement to acquire a 15t/Hr Potato Starch Protein Line from Larsson Sweden. The agreement, with financing provided by Swedish Export Finance through SEB marks the first stage in what is anticipated to be a long-term co-operation between CPG and the Swedish producer. Installation is supported […]
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January 26th, 2021