Agrocomplex of “Terra Food” Group Receives €15 Million from “EBRD” for a New Farm

by Meifan Honcharuk
Thursday, December 2, 2021
Agrocomplex of “Terra Food” Group Receives €15 Million from “EBRD” for a New Farm

Complex "Green Valley" in addition to the farm at the expense of a loan plans to increase the land bank and purchase equipment

As noted in the bank's message, the funds will be directed to the construction of a modern farm that will meet high European standards and expand its land bank, the ability to harvest hay, and the purchase of agricultural machinery in 2022-24.

The implementation of the project will increase the competitiveness and production efficiency of the agricultural complex, while its focus is on compliance with all environmental standards that provide for a minimum impact on the environment.

Zelenaya Dolina is a diversified industrial complex that operates in Tomashpolsky, Tulchinsky, Nemirovsky, Shargorodsky and Tyvrovsky districts of the Vinnytsia region and is part of the Terra Food Group of companies (TERRA FOOD). The complex includes 25 thousand hectares of arable land, a sugar factory, a grain receiving station, a feed mill, 5 animal complexes and a livestock farm.

About Terra Food

  • Terra Food is a vertically oriented agro-industrial holding specializing in dairy and meat products and agriculture. One of the country's leaders in the production of dairy products (TM Ferma, TM Belaya Liniya, TM Tulchinka, TM Premialle, TM Zolotoy Reserve, TM Vapnyarka).
  • In 2020, the company's share in vegetable and butter mixtures production reached 37.7%, in the production of butter - 12.2%. The company has 12.4% of the export market of the Ukrainian dairy market.
  • The company is a supplier of milk and cream mixtures for McDonald's in Ukraine and Georgia.
  • The company is one of the most significant Ukrainian exports of vegetable-dairy and vegetable-cream mixtures, butter and cheese. The company's products are supplied to 55 countries.

European Bank for Reconstruction and Development

The EBRD is a unique international financial institution that assists in the implementation of projects on three continents. The bank encourages entrepreneurship by investing primarily in private sector clients whose needs cannot be fully met by the market. It facilitates the transition to an open and democratic market economy.

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