11:00 31.07.2017

Mriya agroholding seeking to return 4,600 ha of land in court

2 min read
Mriya agroholding seeking to return 4,600 ha of land in court

Mriya agroholding in court is seeking to restore control over 4,600 ha of land removed from the company's governance by the previous managers.

"Since early 2017 we have managed to return control over a land bank of 5,000 ha. We have reinstated control and we will continue doing this. We are not going to stop. This is systemic work and it will finish when we collect everything that is possible to return in line with the law. We have 557 cases related to the restoration of the agroholding's rights in courts now. The land bank's area in these cases is 4,600 ha," legal director at Mriya Serhiy Ihnatovsky said at a press conference last week.

He said that the agroholding also has lawsuits regarding agricultural machinery. According to the company's calculations, around 700 units of machinery were unlawfully removed from the holding. There are lawsuits related to property and logistics centers.

Mriya said that since January through now the holding has returned 1,100 ha of land.

"In general, we hope to return 15,000 ha of land. We won't be able to return more, as the legal work to remove the rest of the land was completed well," Deputy Legal Director Maryna Halela said.

Mriya Agro Holding is a vertically integrated agro-industrial holding company founded in 1992.

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