What’s happening at CPG

On 24 June Central Plains Group Ukraine hosted their first Open day at its Velykosilky Base. The CPG Team welcomed key industry representatives and special guests from the Ukraine Agriculture Ministry, Lviv Administration and UkraineInvest. Following a tour of CPG’s operations Mr. Taras Vysotskyi, First Deputy Minister of Agrarian Policy and Food of Ukraine, thanked […]

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 […]

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 […]

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 […]

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 […]

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 […]