11:24 18.08.2015

Mriya agroholding harvests 208,200 tonnes of grain crops

2 min read
Mriya agroholding harvests 208,200 tonnes of grain crops

Mriya agroholding has finished harvesting early grain crops and over 208,200 tonnes of new harvest grain has been shipped to the elevators and grain storage facilities of the company.

The company said on Monday that 174,000 tonnes of winter wheat, 748 tonnes of winter barley, and 33,400 tonnes of winter rapeseeds were harvested on 62,900 hectares

"We used our own combines to harvest crops, without taking additional harvesting machinery. We also signed successful contracts for grain shipping – there were no delays, and our elevators coped with accepting crops," Mriya COO Viktor Kukharchuk said.

The company said that gross harvesting of early grain crops is in line with the planned indicators.

Mriya is now sowing winter rapeseeds.

"The company continues buying new machinery and restoring its own fleet. Sunflower seed harvesters have been bought, and now contracts will be signed and new tractors and self-propelled sprayers will be received," the agroholding said.

Mriya was founded in 1992 by Ivan and Klavdiya Huta. It grows wheat, barley, rapeseeds, sugar beet, buckwheat, and potatoes.

In August, 2014, Mriya reported arrears worth $9 million of interest earnings and nearly $120 million of debt held under the company's obligations. Mriya's total debt equaled $1.3 billion when the company's bankruptcy was announced.

Mriya's creditors have not agreed on debt restructuring programs. In January 2015, a temporary liquidator from British Virgin Islands was appointed to run Mriya under a court ruling. Operational control over the agroholding was passed to creditors who elected new top managers of the company.

AD
AD
AD
AD