Winslow Group to Invest 9 mln euro in Agriculture

Winslow Group is planning to invest 9 million euro in agriculture. That includes purchases of land plots, machines and equipment, and a new farm and office building in town of Parvomai.Winslow Agro Fund is a unit of Winslow Group which specializes in investment in agriculture and development of farming products. The company has bought new harvester machines, tractors etc.The company owns more than 28 000 decares of agricultural land, situated in five of the most suitable for cultivation areas in Bulgaria. Winslow Agro Fund is currently cultivating land plots of a total of 40 000 decares and is planning to triple that area.Winslow Agro Fund has focused on the cultivation of wheat, rape seed and barley.The importance of rape seed is increasing as it is widely used in biofuel production.According to a 2003 EU instruction, at least 5.75% of the total amount of fossil fuels used in transport must be replaced with biofuel by 2010.Barley is considered to have a lot of potential, because if its usage in the brewing industry.