Please note: you are viewing an old version of this deal. The current version can be found here: Deal #9277

Deal #9277 Version #85330

Russian Federation

Created at

2022-01-18

Last update

2022-01-26

Last full update

2022-03-07

Land area

Size under contract (leased or purchased area)

[2016, current] 49800.0 ha

Comment on land area

Media report mention size under contract together with Agro-Michurinskoe LLC - 66 000 ha

Intention of investment

[current] Food crops

Nature of the deal

Comment on nature of the deal

No info found regarding the nature of the deal

Negotiation status

Concluded (Contract signed)
[2016] Concluded (Change of ownership)
[2016, current] Concluded (Contract signed)

Comment on negotiation status

Previously the operating company was owned by Mezhdunarodnaya zernovaya kompaniya LLC (International Grain Company) that was part of the structure of the international trader Glencore

Implementation status

[current] In operation (production)

Comment on implementation status

The company was operational before the new investor took over the land

Purchase price

700 000

руб

per ha

Comment on purchase price

According to the expert estimation, the cost of land in the Stavropol region can be 50,000–70,000 rubles per 1 ha