NEW PRODUCTION LINES IN AGRICULTURE AND FOOD PRODUCTION TO APPEAR IN RYAZAN REGION

General Director of the Development Corporation of the Ryazan Region Artem Nikitin and the management of Eco-Agro havediscussed launching new production sites as part of an investment project at a business meeting on November 23. In particular, they talked about modernization of an operating sugar production and the lease with the right to subsequently buy out the land plot for the construction of an enterprise with full-cycle production lines.

Artem Nikitin defined the task like this, “It is necessary to organize preparation of the full set of documentation as soon as possible, so that the investor can start construction works in the Aleksandro-Nevsky District this year and start production next summer.”

As the representatives of the investor noted, the project will create about 3,000 new jobs. The total investment is going to be about 30 billion RUR. The funds will be directed to the construction of an enterprise for processing of sugar beets, production of flour, vegetable oil and pasta, and a grain elevator.