Agromino (the "Company") informs that yesterday the President of
Non-Ukrainian nationals and Ukrainian companies with non-Ukrainian owners (such as the Company) will be excluded from the future land market and will thus not be allowed to purchase agricultural land. The exclusion in respect of foreigners will remain in force until the citizens of
Agromino currently operates a land bank of 55 thousand hectares of agricultural land located in
Within the last few months Agromino, along with other international investors in Ukrainian agricultural sector, expressed its concerns over the impact of contemplated land law. Attempts to reflect interests of existing non-Ukrainian investors and to allow them to participate in the future land market were not successful.
Investor enquiries
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Tel: +38 044 586 4445, e-mail: mail@agromino.com
About Agromino
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https://news.cision.com/agromino/r/ukraine-adopted-new-land-law-discriminating-companies-with-foreign-owners,c3100042
https://mb.cision.com/Main/515/3100042/1238697.pdf
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