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13Jan2014
Agro Terra North JSC with a project for expansion of the storage facilities
Among the main priorities of the Group for the period 2012 - 2013 is the expansion of the current storage facilities in Bregovo city to 15,000 mt of grains. In 2013 "Agro Terra North" JSC will invest in the construction of modern silos located in Bregovo city, Vidin region. The current storage capacity will increase appr. 3 times with the construction of silos of minimum 10,000 mt of grains. At the same time the subsidiary "Remuss" Ltd. plans to relocate its main agricultural base from Vratza to Borovan city, which at the moment plays the role of a subsidiary base of Remuss. The relocation project aims to optimize the transportation costs for the storage and realization of the production of the company as the main part of the cutivated land is located in the municipality of Borovan. The positive effects of the relocation are not only the facilitation and optimization of the logistics but also optimization of the operating costs for the maintenance of two different agricultural bases.
