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  • Condensed by Lynda Kiernan-Stone, Unconventional Ag Media

Bayer Investing EUR60M in Ukrainian Seed Production

Bayer was one company in the delegation led by German Vice-Chancellor and Federal Minister for Economic Affairs and Climate Action Robert Habeck’s recent visit to Kyiv, where Bayer underscored its commitment to the country and its work rebuilding its economy. This delegation, which also included Oliver Gierlichs, managing director of Bayer Ukraine, was the first delegation of the German government in Ukraine since the beginning of the war, and included mention of the possibility of an economic partnership.

Prior to the war, Bayer had announced it was investing EUR200 million in seed production and multiple other initiatives to support Ukraine in Pochuiky. Adding to this figure, the company has now announced it is investing an additional EUR60 million from 2023 onward in its corn seed production at the site.

This latest investment will fund a new seed dryer, state-of-the-art agricultural field equipment, storage facilities, and the construction of two bomb shelters to protect Ukrainian colleagues who have been operating the facility and will oversee this project.

The plant, which was inaugurated in 2018, represents one of the biggest investments in the region, and today operates with about 100 employees and about 250-300 seasonal workers, with its taxes accounting for about 25 percent of the local budget.

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