Deal #4977

Russian Federation
Created at
2016-02-22
Last update
2021-12-24
Last full update
2021-12-24

Land area

Size under contract (leased or purchased area)
  • [2003] 1000.0 ha
  • [2004] 3000.0 ha
  • [2012] 9000.0 ha
  • [2021, current] 10000.0 ha
Size in operation (production)
  • [2013, current] 2300.0 ha
Comment on land area
the investor opened its first farm in Krasnodar in 2003; 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

Intention of investment
  • [current] Food crops

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
  • [1997] Intended (Under negotiation)
  • [2003] Concluded (Contract signed)
  • [2012, current] Concluded (Contract signed)

Implementation status

Implementation status
  • [2004, current] In operation (production)

Contract farming

Contract farming
Yes
Not on leased / purchased (out-grower)
Yes
Not on leased area/farmers/households (out-grower)
  • [current] 40