The Group’s budgeted capital expenditure for the 2010|11 financial year amounts to approximately € 55 million. Investment is thus below the rate of depreciation, thereby reducing financing requirements.

The investment planned for the Sugar segment in the 2010|11 financial year represents about 30% of the overall investment budget. In Austria, AGRANA plans to build a new sugar silo with a capacity of 70,000 tonnes; construction is to be completed over a two-year period. For the operation of the Hungarian biogas plant, a secondary fermenter is being installed to raise efficiency. As a replacement investment, a new molasses tank is to be erected in Sereď, Slovakia. The planned volume of investment in the Starch segment, at 20% of the Group total, relates largely to the installation of a biomass boiler at the Hungarian corn starch plant. In this incinerator, the CO2 emissions are to be greatly reduced and the incinerated waste will serve as the nonfossil primary energy source for steam generation. In Aschach, Austria, the expansion of the production capacity for pregelatinized starches is to begin this year. In this way, AGRANA plans to strengthen its position as a vendor of conventional and organic pregelatinized starches in the European market. Besides the replacement of equipment at AGRANA Juice, the roll-out of SAP in the Fruit segment continues at additional fruit preparations sites. As part of the expansion of the facility in Serpuchov, Russia, the storage capacity there is being enlarged in the 2010|11 financial year to align it with the increased production capacity. In the Egyptian joint venture, AGRANA is investing in a production line for fruit preparations. For the production of “chocolate fruities” (small fruit-filled chocolates for mixing into yoghurt or icecream), an aseptic manufacturing plant is required in Austria, which will begin operation in the 2010|11 financial year.