Deal #1000

Location #1

Spatial accuracy level
Administrative region
Location
Lipetsk, Lipetsk Oblast, Russia

Target country
Russian Federation
Comment on location
Lipetsk

Land area

Size under contract (leased or purchased area, in ha)
[2012] 350000
[2008] 130000
Comment on land area
Apparently, operations are currently on hold and according to one source, most of Nastyusha's land bank in Russia was sold (see comment for implementation status and overall comment) - I could not find other (English) sources which confirm this information

Intention of investment

Intention of investment
Food crops, Livestock

Nature of the deal

Nature of the deal
Outright Purchase
Lease
Comment on nature of the deal
company purchased other farms

Negotiation status

Negotiation status
Concluded (Contract signed)
Comment on negotiation status
several agreements; see comment above

Implementation status

Implementation status
[1992] Startup phase (no production)
In operation (production)
[2013] Project abandoned
Comment on implementation status
the company was declared insolvent in 2012. According to one media article (2014), it has no more land for farming in Russia (http://www.blackseagrain.net/novosti/nastyusha-to-move-to-kazakhstan )

Contract farming

On leased / purchased area
Yes

Operating company

Operating company
Comment on investment chain
company bought 29 former collective farms

 

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Data source #1

Data source type
Media report
File
Date
2008-08-06

Data source #2

Data source type
Media report
File
Date
2014-01-24

Data source #3

Data source type
Media report
File
Date
2012-07-02

Data source #4

Data source type
Media report
File
Date
2014-01-16

Data source #5

Data source type
Media report
File
Date
2013-12-26

Data source #6

Data source type
Research Paper / Policy Report
File
Date
2012-06-20

Former land use

Former land use
Commercial (large-scale) agriculture

Former land cover

Former land cover
Cropland

Detailed crop, animal and mineral information

Crops area
Grains (unspecified), Wheat
Livestock area
Cattle, Dairy Cattle

Use of produce

Has domestic use
Yes

In country processing of produce

In country processing of produce
Yes

Overall comment

Overall comment
current status and ownership structure is unclear: the company was declared insolvent in 2012. According to one press article, "In 2013, almost all the land parcels were transferred to another leaseholder, Russia’s major sugar producer Dominant. the company became insolvent in 2012. Talks are now under way to transfer the remaining land to Avangard Bank; they are to be completed by February" (http://www.blackseagrain.net/novosti/nastyusha-to-move-to-kazakhstan ) I could not find further information or other sources which confirm this change in ownership

March 21, 2016, 8 p.m.

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Jan. 11, 2016, 8:35 p.m.

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Jan. 16, 2014, 2:08 p.m.

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Jan. 16, 2014, 2:07 p.m.

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Jan. 16, 2014, 2:04 p.m.

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Feb. 15, 2013, 5:01 p.m.

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