Ukrainian agro-industrial company implements a project in Saudi Arabia

Sat, 15.02.2020 12:39

A large Ukrainian company is implementing a joint agricultural project with counterparties in Saudi Arabia. We are talking about one of the largest producers of poultry meat in Ukraine - about the company "Mironovsky bakery product" (MHP, Kiev). This was reported in the press service of the company itself.

"The company is planning a major project in Saudi Arabia with local counterparties. The project is at an advanced planning stage," the report said.

According to preliminary information, a third of the starting capital will be invested by MHP and local partners, and the remaining amount will be financed by inexpensive long-term loans provided by Saudi Arabia.

According to the report, Prince Turki al-Faisal, a member of the royal family, is a key partner and official sponsor of MHP in Saudi Arabia.

Prince Turki is also a close partner of one of the members of the board of directors of MHP.

Source: Ukrainian News

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