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Zeromax subsidiary Muruvvat-Agrosanoat well ahead in 2009 harvest

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Friday, 24 July 2009

Muruvvat-Agrosanoat FSV, a wholly owned subsidiary of Zeromax GmbH, is considerably ahead of time to complete its 2009 grain harvest.

As in 2008, the crop area totaled 5,957 hectares of grain cultivated in Jizzakh, Syrdarya and Tashkent regions, of which 4,100 hectares were sown with Tanya, Nota and Fortuna super-productive and stock varieties, a press release posted on Zeromax website said.

Harvesting is expected to be finished before 22 July 2009, with a total gross grain yield of approximately 16,500 tons, an increase of 2,365 tons compared to 2008. Average daily yield was nearly 200 tons, utilizing 25 haulage tractors, 35 tractor trailers and 40 grain carriers for grain transportation.

As of today, all agricultural units of Muruvvat-Agrosanoat have fulfilled their state grain supply quotas. Wheat contractual quotas amount to 12,683 tons this year, including 8,200 tons of seeding varieties. Supply quota will be exceeded and will reach 130%.

The company's farms are currently laying in 1,500 tons of seed stocks for the 2010 harvest. Tillage is presently under way in the released harvested areas, using over 20 plough tractor units of HTZ-172, HTZ-181, MHM-140 Models.

Formed in September 2001, Zeromax is a privately-owned company with registered offices in Zug, Switzerland. The company conducts its business primarily in Uzbekistan where it is active across a wide economic spectrum - oil and gas, agriculture, textiles, construction, mining and logistics.

As a reliable and results-driven, cost-efficient partner, Zeromax has generated respectable returns in both the financial and social arenas. The company's operating revenues for the year ending 31 December 2008 were CHF3,298 million.

Investments of Zeromax in the rehabilitation of Uzbekistan's industrial infrastructure make it the country's largest foreign investor as well as its largest private sector employer.

Friday, 24 July 2009

UzReport
   Central Asia

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