The Agroprosperis Group will invest $8 million in purchase of 200 wagons for transporting agricultural products in 2017.

"Last year the issue of availability of wagons was raised. We decided to invest $8 million in purchase of 200 wagons for own needs. In 2017, the decision to buy 200 more wagons ($8 million more) was made," Group Director General Ihor Osmachko told Interfax-Ukraine.

Osmachko said that Agroprosperis annually increases investment. In 2016 it reached $38 million. The key spheres are agricultural production and logistics: purchase of agricultural machinery, barges, wagons, trucks and vehicles, modernization and development of infrastructure.

The Agroprosperis Group belongs to a group of funds managed by NCH Capital (the United States), beneficiaries of which are George Rohr and Moris Tabacinic.

Its land bank is 430,000 ha. Storage capacities amount to 800,000 tonnes.

The group plants and exports over 2.5 million tonnes of grain and oilseeds a year.