A/S Trigon Agri: Land Under Control Increases to 133,500ha
With the following A/S Trigon Agri announces that its land under control has
increased to 133,500ha with recent additions in its Kirovograd cluster in
Ukraine. Out of the total land under control by the group as of today,
approximately 129,500 hectares are located in the four clusters in the Black
Earth region (Harkov, Kirovograd, Samara and Penza) and are earmarked for cereal
production, with the remainder related to the group's Russian and Estonian dairy
farms.
In 2008 A/S Trigon Agri expects to harvest over 65,000ha of farm-land in the
Black Earth region split roughly equally between its Ukrainian and Russian
operations. The harvested area will include both fields seeded by A/S Trigon
Agri itself as well as areas where crops have been bought as work-in-progress
from former owners by taking over operations of existing farms. Further
information on the harvest outlook will be published by A/S Trigon Agri at the
end of June 2008.
For further information please contact:
Mr. Ülo Adamson, Chairman of the Board of Directors of Trigon Agri A/S
Tel: +372 66 79 200
E-mail: mail@trigonagri.com
The Company's Certified Advisor is SEB Enskilda.
About Trigon Agri A/S
Trigon Agri A/S is an integrated leading cereal and dairy commodities company
with operations in Ukraine, Russia and Estonia. Trigon Agri A/S shares are
traded at the First North stock exchange in Stockholm, an alternative market
place of the OMX Nordic Exchange. Trigon Agri A/S is managed under an advisory
agreement by AS Trigon Capital, a leading Central and Eastern European
investment and corporate advisory firm with more than USD 1 billion of
discretionary assets under management.
