MRIYA Agro Holding continues supplementing its fleet of agricultural, logistics, transport, and special equipment. Most recently, the Company purchased two John Deere7930tractors and four Challenger8186 No-till sowing machines worth over $660,000. AMAKO, Agrotech, Agro-construction alliance Astra as well as Raffaisen Leasing Aval acted as suppliers of this equipment.

COO of MRIYA Agro Holding Viktor Kukharchuk commented on the new batch of equipment, 'Last year, we bought four Challenger8186 No-till sowing machines. They performed really well, and that's why we purchased four more this year. When sowing row crops using the No till system, these machines are the best fit. We even recorded a yield increase after using this equipment. As for the tractors, we will use the John Deere 7 Series primarily in the potato business, such as during sowing and mounding. We would also like to thank the suppliers for providing us favorable credit conditions and fair prices for this equipment.'

MRIYA Agro Holding will continue investing in developing its equipment fleet. This year, the Company plans to allocate around $10 million to purchases of modern agricultural equipment, including 10 CASE Quadtrac 500tractors worth $3.2 million. The agreement on purchasing the CASE tractors was signed with Agroalliance Trading house LLC at the end of last year; the equipment is already being used out in the fields.

As a reminder, MRIYA Agro Holding has been actively purchasing agricultural equipment to expand its fleet since May 2015. Last year, MRIYA renewed cooperation with leasing companies and signed new leasing agreements for over $4 million. In addition, the Company purchased over $3.7 worth of new equipment.

Mriya Agro Holding plc issued this content on 13 April 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 22 April 2016 00:35:04 UTC

Original Document: http://mriya.ua/en/news/detail/mriya-continues-restoring-its-equipment-fleet/