Please note: you are viewing an old version of this deal. The current version can be found here: Deal #4977

Deal #4977 Version #70371

Russian Federation

Created at

2016-02-22

Last update

2016-02-22

Last full update

2021-12-24

Land area

Size under contract (leased or purchased area)

[2012, current] 9000.0 ha
[2004] 3000.0 ha

Comment on land area

the investor opened its first farm in Krasnodar in 2004; information on its area size varies: one source refers to 1200 ha, another one to 3000 ha and on to 5000 ha. In 2012, it expanded its landbank by purchasing a 6000 ha farm.

Intention of investment

[current] Food crops

Nature of the deal

Lease

Comment on nature of the deal

land bank was also expanded by purchasing a farming company

Negotiation status

[1997] Intended (Under negotiation)
[2004] Concluded (Contract signed)
[2012, current] Concluded (Contract signed)

Contract farming

Yes

Not on leased / purchased (out-grower)

Yes

Not on leased area/farmers/households (out-grower)

[current] 40