KIEV, June 15 – State Food-Grain Corporation seeks to invest UAH 230 million in modernization of its elevators in 2016.

"We have allocated UAH 230 million from the company's budget to upgrade our elevators," acting Chairman Borys Prykhodko said at a press conference in Kiev.

He said that the corporation intends to use the funds by the start of the late crop harvesting.

The corporation wants to invest money in building a port terminal. The project is being designed and discussed with the Infrastructure Ministry.