MHP ready to invest EUR 100 mln in Doux development

The agri-industrial holding Myronivsky Hliboproduct (MHP) is ready to invest about EUR 100 mln in the French company Doux Group.

This was informed by the founder and CEO of the company Yuri Kosyuk, reports AgroPolit.com.

Earlier MHP estimated the volume of funds needed for recovery of the French producer at EUR 220 million.

According to Yuri Kosyuk, the amount decreased, because it does not include the shutdown of the plant, termination benefits and old debts repayments. Now all these costs are borne by the French party.