Deal #1016

Location #1

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

Target country
Russian Federation

Land area

Size under contract (leased or purchased area, in ha)
[2014] 117600
[2015] 39918
Size in operation (production, in ha)
[2014] 64000
[2015] 57200
Comment on land area
according to the company website which states that the company controls 75900 ha and owns 64300 ha in the region (http://www.blackearthfarming.com/where.html )

Intention of investment

Intention of investment
Food crops, Agriculture unspecified

Nature of the deal

Nature of the deal
Outright Purchase
Lease
Comment on nature of the deal
The company usually leases and purchases land

Negotiation status

Negotiation status
[2005] Concluded (Contract signed)
Comment on negotiation status
several agreements

Implementation status

Implementation status
[2005] Startup phase (no production)
In operation (production)

Number of domestic jobs created

Jobs created (domestic)
Yes
Planned number of jobs (domestic)
144

Operating company

Comment on investment chain
Volgo-DonSelkhozInvest LLC ZAO Kursk Agro-Invest

 

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Data source #1

Data source type
Company sources
File
Date
2013-12-31

Data source #2

Data source type
Company sources
File
Date
2014-04-04

Data source #3

Data source type
Company sources
File
Date
2014-04-11

Data source #4

Data source type
Company sources
File
Date
2014-04-04

Data source #5

Data source type
Media report
File
Date
2014-04-07

Data source #6

Data source type
Media report
File
Date
2014-06-24

Data source #7

Data source type
Company sources
File
Comment on data source
New size and investor

Data source #8

Data source type
Company sources
File
Date
2017-03-23
Comment on data source
About deal

Data source #9

Data source type
Media report
File
Date
2017-02-13
Comment on data source
Analytics about deal

Data source #10

Data source type
Research Paper / Policy Report
File
Comment on data source
Famous agribussines article in Russia about deal

How did the community react?

Community reaction
Consent

Former land owner (not by constitution)

Former land owner
Private (smallholders)
Community
Comment on former land owner
company purchased land from local farmers

Former land use

Former land use
Smallholder agriculture

Former land cover

Former land cover
Cropland

Detailed crop, animal and mineral information

Crops area
Barley, Corn (Maize), Grains (unspecified), Potatoes, Rapeseed, Soya Beans, Sugar beet, Sun Flower, Wheat

Use of produce

Has domestic use
Yes
Comment on use of produce
In October 2012 the Company signed a 3 year strategic cooperation agreement with PepsiCo in Russia to supply potatoes and sunflowers for Lay’s crisps as well as sugar for other various PepsiCo products.

March 29, 2017, 1:37 p.m.

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Feb. 1, 2016, 6:49 p.m.

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Jan. 19, 2016, 2:02 p.m.

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May 7, 2014, 2:15 p.m.

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May 7, 2014, 2:13 p.m.

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May 7, 2014, 2:09 p.m.

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Jan. 9, 2014, 3:55 p.m.

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Oct. 17, 2013, 7:36 p.m.

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Aug. 20, 2013, 12:48 p.m.

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

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