Bayer to make investments a whole of 60 million euros in its Ukrainian seed production web site

Bayer to make investments a whole of 60 million euros in its Ukrainian seed production web site

Leverkusen/Kyiv, April 5, 2023 – Bayer has uncovered an investment decision of in general sixty million euros from 2023 onwards in its corn seed output facility Pochuiky, Ukraine. With this the lifestyle sciences business emphasizes its motivation to Ukraine and strengthens its Crop Science business in the place, contributing to rebuilding the financial state. This investment includes a new seed dryer, state-of-the-artwork agricultural subject tools, storage facilities and the design of two bomb shelters to be certain the protection of the Ukrainian colleagues who have been functioning the facility and executing this expenditure task less than pretty tough situation.

“We stand with Ukraine. That was the case just before the war broke out – and it can be even more so considering that then. Bayer has been lively in Ukraine for quite a few many years and is dedicated to the country, its men and women and farming communities,” explained Bayer’s Head of Public Affairs, Science and Sustainability Matthias Berninger. “Our expenditure underscores our dedication which is in comprehensive alignment with our eyesight of ‘Health for all, hunger for none’ and reflects the significant worth of the region in the world wide food provide chain. We will do our part to support the rebuilding approach for Ukraine and safeguarding meals security for the region and for the globe.”

Berninger attended a small small business delegation on a take a look at to Ukraine led by Robert Habeck, German Vice-Chancellor and Federal Minister for Economic Affairs and Climate Action. The delegation which also incorporated Oliver Gierlichs, Handling Director of Bayer Ukraine, talked about Germany’s dedication to the region and its persons as nicely as the prospects of an financial partnership. It was the to start with organization delegation of the German govt in Ukraine given that the beginning of the war.

Prior to the war, the enterprise produced a major expenditure of shut to 200 million euros to set up corn seed production via a network of expert Ukrainian farmers and the greenfield seed processing web-site in Pochuiky. The plant was inaugurated in 2018 and operates with around one hundred on-website workforce and about 250 to 300 seasonal personnel. Bayer, with its plant, is just one of the most important buyers in the location. Its taxes comprise about 25% of the regional local community spending plan. Bayer is actively included in solving social difficulties of the area neighborhood in the Pochuiky village by investing in the development of a new street and the regional clinic, as very well as constantly supporting the regional university, kindergarten and library.

Pochuiky site investment in line with in general initiatives of Bayer to help Ukraine

Bayer has been ramping up its efforts to assist employess, buyers and the Ukrainian individuals considering that the beginning of the Russian invasion. This provided the donation of much more than 40,000 bags of corn and vegetable seeds as very well as health care merchandise donations to aid far more than 30,000 individuals, like Xarelto supplies, antibiotics, oncology therapeutics, and natural vitamins. By means of a Bayer donation of 825,000 euros, the NGO Fondation Suisse de Déminage (FSD) bought a significant-measurement mechanical mine clearance device (MV10 equipment) which is ready to process big places of land these kinds of as farmland. Moreover, Bayer ordered 6 ambulances and forty four defibrillators for the Crimson Cross Ukraine. In the course of the war, Bayer has continued to fork out workforce their comprehensive wage and supports them with further positive aspects these kinds of as monetary assist, relocation, and sheltering.

“We are pretty happy of what our colleagues in Ukraine have attained in these unparalleled occasions to contribute not only to the country’s food stuff provide and resistance, but also to defending the common values of freedom and democracy. We will go on to guidance them and the place likely forward,” reported Oliver Gierlichs.

About Bayer
Bayer is a world wide organization with main competencies in the life science fields of overall health treatment and nutrition. Its goods and companies are built to support persons and the planet prosper by supporting efforts to master the important problems offered by a growing and growing old international populace. Bayer is dedicated to driving sustainable advancement and making a good effect with its businesses. At the identical time, the Group aims to boost its earning electric power and develop value via innovation and development. The Bayer manufacturer stands for rely on, dependability and high quality during the globe. In fiscal 2022, the Group utilized all over one zero one,000 individuals and experienced income of 50.seven billion euros. R&D expenses right before distinctive things amounted to 6.2 billion euros. For far more facts, go to www.bayer.com.

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