Supplementary lighting is required to ensure recoupment
Significant fund was invested in the production of tomatoes for the last three years. Turkish tomatoes will affect the profitability of new facilities, says Alexey Konovalov, head of Teplitsy Kubani Association. “We have big market players who invested heavily in the construction of greenhouse complexes. Growth rate is 150-200 ha annually. “Sanctions facilitated the construction of greenhouse complexes and now, after their lifting, investors have tough time – vegetable production will require larger investment.
“As for support, we have the policy of the Russian Ministry of Agriculture on the partial reimbursement of 20% direct expenditure incurred. But this is not enough», he added.
“Here in Russia we can produce tomatoes only using supplementary lighting. This is not required in Turkey. That is why the prime cost of Turkish tomatoes is lower, we can hardly compete with them”, said the expert.
Agriculture businesses in Sevastopol region will get record-setting state support in 2019
The government of the Sevastopol region continues to provide strong support to the development of the agriculture industry. Deputy Governor, Mr Vladimir Bazarov, informs that in 2019 the subsidies for the agriculture will comprise 430 m roubles. “Annually Sevastopol government provides financing for the development of the agriculture: fruit trees and berries planting stocks, machinery…
New export cluster construction at the premises of EURODON and Belaya Ptitsa
Vasily Golubev, the Governor of the Rostov region, offered to establish a new export cluster in the region at the premises of EURODON and Belaya Ptitsa companies, as informed the press-centre of the Governor. Mr Golubev claimed, “To date the production at EURODON and Belaya Ptitsa is terminated. There is obvious and real opportunity to…
New grain exporters’ union established in Russia
The largest traders of the Russian grain market announced the establishing of a new union of grain exporters. According to the press-release Eduard Zernin, Deputy General Director of United Grain Company, will become the CEO of the union. Four companies – Aston, Glenkor Agro MZK, OZK-Yug, Trade House RIF – signed the memorandum on the…