Russia. Rusagro to spend RUB 2 Bl on the fat-and-oil business development
Rusagro Group is planning to invest RUB 21-24 Bl in the development of its key businesses this year, including RUB 2 Bl in the fat-and-oil sector, reports UkrAgroConsult.
In 2018, Rusagro's capital investments totaled RUB 16.2 Bl against RUB 17.5 Bl in 2017.
Rusagro is a major producer of sugar, pork, mayonnaise, vegoil and margarine. The group comprises more than 35 farming enterprises, 9 sugar mills, an oil extractor and a fat plant. It controls 686 Th ha of land.
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Please be reminded that on September 5, UkrAgroConsult will host a major meeting point of the oilseed industry operators – the 7th International Conference “Black Sea Oil Trade-2019” in Hilton, Kyiv, Ukraine.
‘Black Sea Oil Trade’ conference annually brings together key players of the global agribusiness at the start of a new oilseed season. The goal of the conference is to discuss prospects and directions of the Black Sea and global oilseed market development, exchange international contacts, share recommendations for adapting business strategies in the changing market and global trade.
More than 250 delegates from 25+ countries attend the conference annually. Conference participants are represented by producers and crushers of oilseeds, traders, enterprises for deep processing of vegoils, investment companies, banks, legal, shipping, brokerage, insurance, surveyor and other companies.
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