KYIV, Feb 6 – Ukrlandfarming agricultural holding with Avangard agricultural holding controlled by the first one on February 4 signed an agreement on restructuring a UAH 4.4 billion debt to state-owned Oschadbank, the press service of Ukrlandfarming has reported.

"The company, despite the challenges associated with the loss of assets in the East of Ukraine and in Crimea, was able to stabilize operations. In order to develop further, we need to get time for the repayment of old loans," the owner and CEO of Ukrlandfarming Oleh Bakhmatiuk said.