Strategy
The Group's strategic objective is to develop a substantial, sustainable and profitable agricultural enterprise in central and eastern Europe for the long term supply of crops to Saudi Arabia, through implementation of the best local and international practices and agricultural technologies.
The key elements of the Group’s strategy are:
Expansion of leasehold land bank and area under crop
The Group aims to expand its operations in a controlled and profitable manner. Having established its management and farming infrastructure, CFTG intends to increase the Group’s leasehold land bank in Ukraine. CFTG aims to achieve this through a combination of organic growth i.e. entering into new lease arrangements, as well as acquiring larger parcels of leasehold land through company purchases. The Group intends to farm a high percentage of its total leasehold land bank.
Maximise sustainable profitability from farming operations
The Group manages its crop selection and rotation strategy to maximise long term profitability taking account of its land under crop and available equipment and management resources.
The Group intends to achieve high profitability per hectare by maximising yields through the application of modern large scale farming equipment and technology and specialised agronomic advice. The organisation of the farms in clusters creates significant efficiencies in the deployment of labour, machinery and storage facilities.