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FairPlay Agriculture Fund recieves 2,368,140 lv. from SAPARD


   Press center

Four of FairPlay’s Agricultural Fund companies precisely Agro Gram, Pro Agro /stock-breeding for milk production/, Agroplant and Agrosort /plant-growing/ had successfully established their investment projects on SAPARD Program and the gratuitous help amount is 2 368 140 leva.

FairPlay Agricultural Fund /FAF/ is a part of FairPlay International which is one of Bulgaria  leading investment and development companies. FAF develops its business in three main directions: land properties, plant-growing and stock-breeding.

FAF projects are:

1. Buying and developing of agricultural lands FairPlay Agricultural Fund and Pro Agro Sofia

• 65 000 decare own land
• Located mostly in Northwestern Bulgaria and the land territories of Gramada city and Hireden village
• Investment plans for expansion to 100 000 decare during the next 3 years


2. Plant-growing  - Rimeks Oil, Stroi Invest 2002 and Ecoplant Product

• Plant-growing and seeds cultivation
• 60 000 decare area under crop for 2008/9 season and 72 000 decare planned for agricultural 209/10
• Production, processing and sale of agricultural production - wheat, corn, sunflower and rapeseed, as well as seed production


3. Dairy cattle-breeding – Agro Gam and Pro Agro

• Two cattle-breeding farms in Gramada city
• Capacity of 1200 animals
• Currently growing 580 animals from Semental and Holstein-Frezeiska breeds
• All projects are on SAPARD Program


On 10.12.2009 a gratuitous financial help of 1 429 671 leva have been received for both projects. The companies are expecting about 200 000 leva more on the same projects.


4. Production of feed and grain storage – Agroplant and Agrosoft

• Feed workshop and kitchen in Gramada city
• 10 500 tons per year capacity
•  Production of feed for pigs, chickens and cattle
• The project are on SAPARD Program

On 10.12.2009 a gratuitous financial help of 938 469 leva have been received for both projects.

 


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