Apr 06, 2023

Bayer investing $65 million in Ukraine seed production site

Posted Apr 06, 2023 2:38 PM

Bayer announced a $65 million investment in its corn seed production facility in Ukraine, as part of its commitment to Ukraine.

The investment includes a new seed dryer, state-of-the-art agricultural field equipment, storage facilities and the construction of two bomb shelters to ensure safety.

Matthias Berninger of Bayer says, “Bayer has been active in Ukraine for many years and is committed to the country, its people and farming communities.”

Before the war, the company made a significant investment to establish corn seed production through a network of skilled Ukrainian farmers and the greenfield seed processing site.

The plant was inaugurated in 2018 and operates with around 100 on-site employees and about 250 to 300 seasonal workers. Bayer, with its plant, is one of the biggest investors in the region.

This included the donation of more than 40,000 bags of corn and vegetable seeds as well as healthcare product donations.