Investors from France Agrogeneration company plans to expand the area of ??agricultural land and expand their business in Ukraine in the next 2-3 years, reports RBC-Ukraine reports citing Reuters referring to the executive director Charles Vilgreyna. "Today we manage 50 thousand hectares. We plan to ... double the area over the next two to three years, having made two or three acquisitions, "- said Vilgreyn. He noted that AgroGeneration identified and approached several companies that were in the troubled financial situation after a sharp fall in world commodity prices in 2009, the drought of 2010 and the introduction of export quotas in Ukraine. According to executive director, the company has no plans to monitor more than 100 thousand hectares in Ukraine. "I do not think we want to get bigger in this country, as we would like to develop a second region in order to mitigate the climatic and geopolitical risks" - he said. Under the second region includes Vilgreyn farmland in the southern hemisphere, probably in Argentina ". AgroGeneration produced 120 thousand tons of cereals in 2010, compared to 55 thousand hectares in 2009, the market value of 62 million euros. It is known that Estonian businessman Hillar Teder, a famous scandal to close a trading network "O` Kane-Ukraine ", once again decided to invest in Ukraine.
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