LNZ Group plans to invest up to USD 8mln in the renewal of the fleet of agricultural machinery, told the company’s chief engineer Ivan Levchenko. LNZ plans to carry out a large-scale replacement of the existing equipment for a new and modern one.
The main criterion will be reliability, as it was put by the chief engineer of the agricultural holding.
Ivan Levchenko emphasized that modern manufacturers (both foreign and domestic) produce really reliable equipment, but the best price/quality ratio will win. LNZ Group will more likely choose between the foreign producer NewHolland and Ukrainian Kobzarenko Plant.
LNZ Group is a modern diversified agro-industrial company that includes 33 agricultural companies in the Cherkasy and Sumy regions. The agricultural holding specializes in seed production, production of cereals, oilseeds, meat, and milk.
The company leases 60 000 hectares of land plots and creates jobs for some 3,000 employees a season.
