Supplementary lighting is required to ensure recoupment
» Supplementary lighting is required to ensure…
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.
Magnit formed a production development strategy
Retailer initiated the production of vegetables and potato. Moreover, the company expressed the interest in gardening. “The strategy for the development of own production before 2020 is approved. We have 3 main sites to implement the projects: Krasnodar, Tver, and Toliatti”, said Khachatur Pombukhchan, Magnit Financial Director. “In 2018 the company will launch the construction…
Russian greenhouses are not afraid of Turkish tomatoes Turkish tomatoes going to Russia from 1 November
National producers are ready to compete with tomato distributors from Turkey. According to experts and market participants, the main advantages of domestic vegetables are its natural origin and eating qualities. Besides, tomatoes coming from North Caucasian regions can compete on price. Investors, taking advantage of import, launched the construction of new greenhouses. They do not…
37 previously selected AIC projects will obtain additional fund
In 2018, 37 previously selected AIC projects will obtain additional financing, informs the Ministry of Agriculture with the reference to the director of economics and AIC state support department Natalia Chernetsova. The support scheme issues were discussed on 21 December at the meeting of the committee for AIC lending issues. Jambulat Khatuov, Deputy Minister of…