• This Company’s overall business strategy is to become the leading agricultural supplier in Ukraine. Key elements of the Company”s strategy can be summarized below.
• Improve financial results and operational performance
The Company has continually sought to improve financial and operational margins and it intends to continue improving its margins by implementing no-till technology on all of its operation circle which the company expects will result in significant decreases in labor costs compared to other agricultural suppliers in Ukraine.
• Manageable Expansion of its Operation Surface
The Company intends to further expand its supply scale by continuing to increase its capacity rights to other party of the country, particularly in areas near its facilities and further in the medium and long term, Agro Trading management intends to manage ably expand its ties with other companies with huge output capacity of natural growth by joining force with them so as to help increase output and enhance concentrated fertile soils for better quality product supply.
• Increase supply Chain and capasities
The Company plans to further increase its supply capacities through the acquisition and construction of good business ties, in proportion to its planned expansion of its supply. Management believes that self-sufficiency in supply capasity enables the Company to achieve better pricing terms for its Product supply than can otherwise be obtained at Production time.
• Western standards of corporate governance
The Company is focused on good corporate governance and intends to achieve standards comparable to well-governed Western companies. The Management of Agro Trading is responsible for setting and reviewing the strategy and approving major Company financial documents, including the annual budget and business plan. Two independent non-executive directors are present on the four-member Board, which meets at least two times per year.