February 1, 2011

Ukrainian agricultural holding to gain US$25 million of credit

A Ukrainian company, LLC M-Trade, an agricultural and logistics enterprise, gets a credit extension by the European Bank for Reconstruction and Development (EBRD) to replenish its US$25 million circulating assets.

Within the frames of this project, financing of expandable materials for agricultural production, as well as grain crops stored at certified storage facilities will be ensured, the bank's press service informed.

LLC M-Trade is the daughter enterprise of Mriya Agro Holding.

Mriya is a large agricultural company, whose stocks are quoted at Frankfurt Stock Exchange. The company carries out agricultural activities on 220,000 hectares of lands in Ternopil, Khmelnytsky, Chernivtsi and Ivano-Frankivsk regions in Ukraine's west.