Deal #6616

Russian Federation
Created at
2018-11-19
Last update
2022-03-10
Last full update
2022-03-10

Land area

Size under contract (leased or purchased area)
  • [2011] 1800 ha
  • [2014] 8400 ha
  • [2018] 6926 ha
  • [2020, current] 9000 ha
Size in operation (production)
  • [2011] 1800 ha
  • [2014] 8400 ha
  • [2018] 6926 ha
  • [2020, current] 7604 ha
Comment on land area
There is information - Idavang Annual Key Figures [2018] - about increasing of land bank : 2014 - harvested 8.505 ha, 2016- harvested 7.268 ha; 2018 - harvested 6.926 ha; source http://image.idavang.com/ The size under contract in dynamic (between 2011-2018) is unclear because there is only information about land in operation. Though, the company site says, that they have 9000 of land in 2020.

Intention of investment

Intention of investment
  • Livestock
  • [2014, current] Fodder (8400 ha)

Nature of the deal

Nature of the deal
Lease
Comment on nature of the deal
According to the interview with the Director of the Company.link http://www.businesspuls.ru/archives/4045

Negotiation status

Negotiation status
  • [2011, current] Concluded (Contract signed)
  • [2008] Concluded (Contract signed)

Implementation status

Implementation status
  • [2011, current] In operation (production)

Contract farming

Contract farming
Yes
Not on leased / purchased (out-grower)
Yes
Comment on contract farming
Under interview with the Director of the Company, it is known that "In the Tosnensky district, they rent land from their neighbors, and in return give them grain