Good Practice - Project
Setting up a modern seed processing complex
A dynamic agricultural cooperative used Rural Development Programme support for the setting up of a modern seed processing facility in order to enhance its competitiveness.
General information
RDP Priority
- P2. Competitiveness
RDP Focus Area
- 2A: Farm’s performance, restructuring & modernisation
RDP Measure
- M04: Investments in physical assets
Summary
A dynamic agricultural cooperative decided to invest in a modern facility for producing high quality seeds for its members and as a result it become more competitive both in the domestic and foreign markets.
RDP support contributed to the construction of this new facility which consists of a new modern seed bank, a warehouse, two dryers, towers (2 200 m3) for seed separation and an area for cleaning, sorting and storing the produced seeds of 2 100 m2.
Results
The investments helped the cooperative to increase its economic performance. Its income (net turnover from seed sales) amounted to EUR 2.63 million in 2016. In 2017, it increased to EUR 2.85 million and in 2018, it reached EUR 4.21 million.
Between 30 to 35 farms are directly involved.
Four full time jobs were created, along with another four seasonal jobs.
Promoter
LPKS VAKS
Funding
Total budget 1 000 000 (EUR)
RDP contribution 220 000 (EUR)
Private 780 000 (EUR)
Ressourcen
gp_lv_seed_processing_complex_477_web_2.pdf
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