News
Ukrainian experts in agriculture and hi-tech «Astarta» and «Borsch Ventures» set up a new project to establish high-efficient IT platform for agricultural sector. New joint venture «Agro Core» has already stepped in the development process of innovative agribusiness management systems.
These IT-services will be initially implemented and tested in «Astarta’s» farm units.
Victor Ivanchyk, CEO of «Astarta»: «Following the global trends, «Astarta» is actively implementing new technologies in production. Owing to this the Company has significantly improved the efficiency of field operations and optimized the use of material and technical resources. Cooperation with «Borsch Ventures» opens a new prospect for mutually beneficial enterprise ensuring high level of farm management in Ukraine».
Eugenii Utkin, CEO of «Borsch Ventures»: «In our opinion, agriculture is one of the most promising sectors of Ukrainian economy that is of the global importance. At the same time, while the level of IT technologies implemented in finance and telecommunication segments is very high, in agriculture it is comparatively low. The key resources of Ukraine are the land and skilled people, combined in the new industry – smart agriculture. Ukraine is able to supply the technological champions of IT sphere to the global market. I am confіdent that our successful cooperation with «Astarta» in agriculture will allow to implement highly innovative AgTech solutions for local and global markets».
Borsch Ventures – an initiative of high-tech holding KM Core, aimed to support and develop an innovative companies in the spheres of smart agriculture, microelectronics and electronics, nanotechnology and IT. KM Core is the pioneer of high-tech industry in Eastern Europe, and currently operates in Ukraine, European Union, USA, Canada, Israel and Norway.
«Astarta» is a vertically integrated agro-industrial company, specializing in sugar and agricultural production. It has proven to be a growing, transparent company, as well as a reliable partner and supplier. Shares of Astarta Holding N.V. are listed on the Warsaw Stock Exchange since 2006. «Astarta» operates 250 thousand hectares of arable land in 8 regions of Ukraine and is a national leader in the sugar production (8 sugar plants), as well as one of the leading manufacturers of industrial milk and soybean meal. In addition, «Astarta» runs bio-energy project in production of «green» electricity from biogas.