Prometey Group of Companies has decided to close three of its 28 grain elevators, as well as to reduce its workforce, which currently numbers more than 1,200 people, according to the company’s website.
“In the third year, the war reached Prometey Group of Companies as well. For the first two years we worked with the resources of the pre-war period, but this could not last long. The problems began with the start of the full-scale invasion. We lost seven grain elevators, 2 thousand hectares of land were under occupation. Of course, business suffered a lot. We realize that it will not be the way it was. But we have done and are doing everything possible to establish the work of the company,” – the press service quotes the head of the business development department of the company, Elena Zinovieva.
In “Prometheus” noted that the support of the domestic agro-sector continued only at the beginning of the full-scale invasion. Over time, bank credit programs for the company began to be cut, as a result of which investments in agriculture had to be reduced.
“There is significant pressure on the business from the IRS. Blocking of tax invoices, non-recovery of VAT and unjustified fines have become commonplace for the companies of Prometey agricultural holding. Now two companies of the holding are forced to defend their rights in courts because of illegal actions of tax authorities,” the report adds.
The company hoped for a good harvest in 2024, but the summer in Ukraine was the hottest in the last 100 years. According to the company’s chief agronomist Ilya Troitsky, the harvest of many crops suffered significantly because of this. Although wheat was able to be harvested under favorable weather conditions, yields of soybeans, lentils and sunflowers, which occupied about 7,000 hectares, were extremely low due to the dry summer.
“Despite the difficult conditions Prometey agroholding continues to fight for its survival. However, if the situation does not change soon, the company will have to make radical decisions to save its business,” the report summarizes.
Source: https://prometey.org.ua/post/prometey-borotba-za-biznes-pid-cas-vijni/
