CFG/MRIYA continues with investment in machinery
In April 2019, the merged company CFG/MRIYA purchased 18 new machinery units worth USD 3.7 million. The machinery fleet is now supplied with 14 new CLAAS AXION 850 tractors and 4 CLAAS XERION 5000 tractors. LAN Company supplied the above mentioned agricultural machinery to CFG/Mriya.
"The latest delivery of equipment was made within the framework of the investment plan for the current year totalling more than USD 50 million of investments in order to increase the technical capacity of the combined business. Thus, since the beginning of this year, CFG/MRIYA has already received 50 new tractors of diverse brands and capacities, 10 self-propelled sprayers, and also acquired trailed soil cultivating agricultural machinery, road transport and specialized machinery," the message says.
In the near future, the сombined Agro Holding CFG/MRIYA is set to buy new combine harvesters, forklifts and transport trailers for conducting effective harvesting campaign.
As previously reported, in 2019, SALIC UK Ltd, the mutual investor of the CFG/MRIYA combined business, intends to allocate more than USD 50 million to increase the technical capacities of the company.