OREANDA-NEWS. December 27, 2007. The management of OJSC “Creativ Group” started the negotiations to rent 20,000 hectares of agricultural land, the company's press service reported. The negotiations are the next step in the execution of the Group’s business plan to diversify the risks of the raw materials supply. The own raw materials supply will decrease the dependence of Creativ from external suppliers and will support the raw materials supply of new oil extracting plant that has to be launch in next year.

The OJSC “Creativ Group” is located in Kirovograd region that is traditionally known for raising sunflower and rape as well as neighboring regions.The procedure to receive the approval for renting the agricultural land may be finished during February – March 2008. Therefore, Group may receive its own raw material supply in 2008/09 agricultural marketing year.