Business news from Ukraine

CFG/MRIYA WANTS TO EXPAND AREAS WITH POTATOES TO 3,000 HA

23 May , 2019  

The CFG/Mriya combined company has completed planting potatoes on an area of 2,000 ha in Ternopil and Lviv regions, plans to expand the areas with potatoes by 300-500 ha every year next two seasons.
According to a company report, CFG/Mriya also plans to buy equipment for modernization of potato storage facilities this year.
“Before the consolidation of CFG and MRIYA both companies successfully cultivated potatoes for a long time… both for food and for seed varieties. Therefore, for the combined CFG/MRIYA Company the growing of potato remains a strategic direction,” the company said.
CFG/Mriya has potato storage facilities with a capacity of above 87,000 tonnes, and a starch factory.
As reported, SALIC UK Ltd, the common investor in the merged business CFG/Mriya, plans to send over $50 million for boosting technical fleet in 2019.

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