21.11.24
Between the Ministry of Agriculture of the Republic of Kazakhstan, Kazakh Invest and Hungarian UBM Group signed a tripartite framework agreement on realization of projects on production of mixed fodder and premixes in Kazakhstan. This is reported by Akorda.
UBM Group is the leader in the market of mixed fodder and feed raw materials in Hungary, the annual turnover of the company exceeds 350 million euros. The company's feed mills located in Hungary, Romania and Slovakia produce more than 600 thousand tons of mixed fodder for farm animals, as well as 12 thousand tons of premixes per year. UBM Group is also the TOP importer of soybean meal in Hungary for many years.
As it was specified in Kazakh Invest, the company plans to invest in the creation of 4 feed mills, one plant for production of premixes, series of laboratories and a training center.
Following the negotiations, members of official delegations of Kazakhstan and Hungary signed a number of other documents. In particular, a Joint Statement was signed, reflecting the intention of the two countries to further strengthen strategic partnership and the realization of joint initiatives.
