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Annual Report 2016

Rusagro Group of Companies and Schelkovo Agrohim united for cooperation on sugar beet hybrids breeding

30.05.17

Rusagro Group of Companies  and Schelkovo Agrohim registered a joint venture on equal basis (50/50%) to cooperate on breeding of high productive sugar beet hybrids with optimal traits for Central Black Earth region. 

Construction of the breeding center should be finished in 2018 and up to 10 sugar beet hybrids should be registered by 2030. 

Total expected investments in the project by Rusagro – approx. 250 million roubles incl. VAT.