Ukrainian farmers modernise equipment with the EU and EBRD support
The agricultural sector has suffered significant losses due to intensive military operations, occupation of agricultural lands, personnel shortages and problems with logistics. Despite all the difficulties, Ukrainian farmers keep doing their important work, providing millions of people in Ukraine and abroad with agricultural products.
The farm YUR-AGRO 2014 was founded 12 years ago by two brothers – Ruslan and Yuriy Pashynski – in the Khmelnytskyi region. It focuses on growing grains, legumes and oilseeds, in particular wheat, malting barley, corn, soybeans, rapeseed and sunflowers. Recently, vegetables were also added to this list. The company is constantly expanding and today cultivates 1,050 hectares of land. It has a granary with a 5,000-tonne storage capacity and a fleet of agricultural machinery operated by 12 employees.
In 2024, the farm owners planned to extend the land bank, so it was necessary to acquire new, highly efficient agricultural machinery. Mr Yuriy Pashynskyi, the director of YUR-AGRO 2014, decided to attract investments through the EU4Business-EBRD Credit Line, which helps Ukrainian micro, small and medium-sized enterprises recover and develop during the war. Under the programme, the company received a loan of € 201,728 through the partner bank, Bank Lviv, and purchased a modern wheeled tractor Case IH Magnum 400. After the project was successfully implemented, the farm received a 10 per cent EU-funded investment incentive on the loan amount.
As highlighted by the director of YUR-AGRO 2014, the new tractor is more efficient, consumes less fuel and is much more convenient and safer in its operation. “We are very satisfied with our participation in the EU4Business-EBRD Credit Line . In the future, we plan to enter European markets, and the purchased machinery will help us cultivate more land, grow more grain and optimise work processes. In addition, it will save nearly 352 GJ of energy and reduce CO2 emissions by 26 tonnes annually, and overall increase the company’s productivity and competitiveness,” Yuriy emphasised.
