Novosibirsk-based agricompany SAHO is to invest $31m in Ulyanovsk region in 2008, the firm said.

SAHO’s chairman of the board Pavel Skurikhin said that in 2007 the company had invested more than $16m in the region.

74 machines, 26 trailers and 10 seeding fields were purchased with the funds, Mr. Skurikhin said.
SAHO farms 24,500 hectares of land in Ulyanovsk region.