Demetra Invests $ 8 Million in The Construction of The Oil Extraction Plant

Wednesday, June 2, 2021
Demetra Invests $ 8 Million in The Construction of The Oil Extraction Plant

A grain trading company builts a complex extraction line for processing sunflower, rapeseed, and soybeans on the basis of the Agrotrade-2000 elevator in the Kyiv region

According to Viktor Karpus, general director and co-owner of Demetra, the company initially counted on $ 4 million in investments, but in the end, it turned out to be $ 8 million.

The investments should pay off in 7-10 years, provided that there is a stable price for grain.
According to Viktor Karpus, the first prerequisite for the construction of the MEZ was the government's decision to remove VAT on soybeans for export. And the second incentive was animal husbandry.

Viktor Karpus noted that the largest Pig Breeding Center operates in Terezino. From there he transported tolling grain to Kirovograd, processed it there, took the meal, and sold the oil. In addition, the farmers began to sow a lot of sunflowers.
The general director of Demetrva added that in 4 months of operation, the investing-in-ukraine/starting-business-in-ukraine/build-an-enterprise/" rel="dofollow">enterprise processed about 14 thousand tons of sunflower and reached almost full capacity: 220 tons per day.

Also, 5 thousand tons of meals were produced for the domestic consumer and about 6 thousand tons of oil were exported.

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