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21 March, Thursday

Ufa   °

Israeli company intends to invest 9 billion rubles in new dairy complex in Bashkiria

Economy/Business

UFA, 14 February 2019. /Bashinform News Agency, Azat Gizatullin/ translated by Tatiana Aksyutina/.

This year, the construction of a large livestock complex for 7,000 dairy herds will begin in the Kushnarenkovo district. The initiator of the investment project is Bashkir-Milk LLC, a member of the Tavros group of companies. The volume of investments is planned at the level of 9.6 billion rubles, of which 30% is the company's own funds, 70% is borrowed.

The project is implemented in cooperation with the Israeli company LR-group and the managing partner of the Direct Investment Fund  - AVG Capital Partners. The agreement with the leadership of these companies on behalf of the Government of Bashkiria was signed by the Acting Head of Bashkiria Radiy Khabirov at the Russian Investment Forum in Sochi. According to the document, 149 new jobs will be created. In addition to two farms for 3,500 heads, the investor will build its own feeding center. In the Kushnarenkovo district, over 10 thousand hectares will be allocated for the needs of the livestock breeding complex.

The Tavros Group of Companies manages the investment portfolio of AVG Capital Partners in the Republic of Bashkortostan: Bashkir Meat Company (pork), Bashkir-Agroinvest LLC (grain crops, beets), Selection and Genetics Center — Bashkir Meat Company, OJSC Chishminsky Sugar Plant, LLC Rayevsky Meat Processing Plant “Alshey Myaso”, Davlekanovsky Bread Products Plant No. 1 (elevator and feed mill), “Bashkir-Moloko” (newly created company for the implementation of the dairy cattle breeding investment project in the Kushnarenkovo ​​district).

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