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3,5bn-RUB greenhouse complex will be commissioned in the Rostov region

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A new greenhouse complex with projected output of 3,5k tonnes of vegetables will be put into operation in the Rostov region in August 2018, informed Alexey Bukharov, director of the complex. Project investment totaled 3,5bn RUB.

The greenhouse complex was built in Vesyoly village of the Rostov region. The project is included in the list “100 Governmental investment projects”. The area is 6.2 ha. Investor is “Premium Tula”. According to Mr. Bukharov, the company plans to use state subsidies. Project payback period is 6 years.

It is interesting to know that the produce will be consumed not in the Russian South but in the central federal district, because the investor has own logistics center in Moscow. Demand in central regions surpasses supply, that is why, we consider Moscow and Moscow suburbs as our core consumer”, says Alexey Bukharov.

According to “Greenhouse Russia” association, a total of 992k tonnes of vegetables were produced in Russia in 2017, 30% accounts for tomatoes (about 300k tonnes). Over 450k tonnes of tomatoes were imported. “By 2020 we are to produce not less than 1,4 tonnes of vegetables. The share of Russian produce on the market is not big. Tomatoes are not fully substituted”, says Natalia Rogova, General director of association. According to her, one of the risks investors face is the decrease of the purchase price. In Q1 2018 it fell 5-7% if compared to 2017, so producers’ marginality falls because of the policy taken by retail chains”, stresses Natalia.

“The price on Russian tomatoes is higher than on imported ones”, says Dmitry Devyatilov, general director of “Ovoschi Krasnodarskogo Kraya”, “Lifting of sanctions on Turkish tomatoes boosted not only seasonal competition but also year-round”.

According to SeldonBasis analytical base, Premium Tula was registered in 2007 in the Veselovsky district of the Rostov region. The company is engaged in the cultivation of vegetables. Company’s profit in 2015 totalled 462m RUB, net loss – 24,1m RUB.

Source: Expert Yug

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