Strategy
The Group's strategic objective is to develop a substantial, sustainable and profitable agricultural enterprise in central and eastern Europe 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, CFG intends to increase the Group’s leasehold land bank in Ukraine to 50,000 hectares within 5 years. CFG aims to achieve this through entering into new lease arrangements and may also acquire further 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.
The Group intends to achieve high profitability per hectare through achieving growth in yields through investment in modern scale farming equipment and technology and specialised agronomic advice. Advanced agronomic practices such as soil mapping, satellite technology and seed variations will assist the Group to optimise fertiliser usage and achieve efficient high yields. The organisation of the farms in clusters creates significant efficiencies in the deployment of labour, machinery and storage facilities.