Bloomberg News

Mriya Plans to Invest Up to $250 Million, Interfax Says

April 13, 2012

Mriya Agro Holding Plc, a Ukrainian agriculture company, plans to invest $100 million to $250 million to expand, Interfax-Ukraine reported, citing Larysa Potsiluyko, head of accounting.

Mriya will increase agricultural lands in use by 20,000 hectares (49,400 acres) to 50,000 hectares and invest in elevators in the Khmelnytskyi and Ternopil regions, the newswire said. The company also plans to purchase additional agricultural equipment, the Kiev-based news service reported.

To contact the reporter on this story: Kateryna Choursina in Kiev at kchoursina@bloomberg.net

To contact the editor responsible for this story: Claudia Carpenter at ccarpenter2@bloomberg.net


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