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Our development strategy is focused on the increasing of the Group`s share in the sugar and agricultural markets through new acquisitions and organic growth, as well as access to new markets. Its key elements are:
- Organic growth through modernization and capacity increase of the current production base
We continue reconstruction and modernization of our sugar plants to comply with the EU standards. We continue to install new production equipment from leading international and European manufacturers. Such measures will result in increasing the efficiency of our sugar production, ensuring an optimal period of production and significantly reducing our energy consumption (primarily natural gas).
- Intensification of vertical integration and optimization of logistics
We will continue to intensify vertical integration of our business to ensure regular supply and high quality of raw materials reducing the cost of sugar production and increasing profitability.
- Increase the area of agricultural land and increase crop yield, that will allow to increase the production output of grain and oilseeds (mostly wheat, barley, soybean and corn).
- Exports growth
We plan to expand exports through entering new markets, e.g., Russia and the EU, as well as CIS countries.
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