HarvEast finally purchased Agro-holding MC

HarvEast finally purchased Agro-holding MC

Agro-Holding MC specializes in the cultivation of grain, industrial and other crops and controling a land bank in the amount of 25 thousand ha

"This is an important step for us. The assets are promising, they are located in favourable for crop production climatic zones. We are set to invest in its development," Dmitriy Skornyakov commented.

HarvEast manages 102 000 ha farmland in Donetsk region. Agro-Holding MC cultivates 25 000 ha, thus the consolidated land bank of HarvEast currently equals to 127 000 ha.

On December 18th, 2018, the Antimonopoly Committee of Ukraine (AMCU) authorized HarvEast Holding Limited (Cyprus) for the acquisition of Agrotime Invest Limited (Cyprus) shares. According to the YouControl analytical system, Agrotime Invest Limited is a subsidiary of Agro-Holding MC, which specializes in grain and industrial crops production.

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