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Россия 27.05.2021

During the year, I expect a series of bankruptcies in the milk processing sector – Sergey Kovalkov

Источник: The DairyNews
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For six months to a year, I expect a series of bankruptcies and mergers in the milk processing sector. General Director of the company Prodinvest Sergey Kovalkov announced this during the XII Dairy Olympics in Novorossiysk, writes The DairyNews.

‘I see it as a person who supplies raw materials to factories,’ he said. ‘We also see a lot of cheese factories in projects - a new line is being launched at Kezsky, and Uva-Moloko is trying to launch one in Tatarstan. In Novosibirsk region, it seems that the EkoNiva project has been curtailed for the time being. It does not fit in there. I sometimes even drive by and check on the construction site.

Sergey Kovalkov also added that during the May holidays, there was an increase in prices for raw milk instead of a decrease.

‘We will run into the final demand and as a result we will get a reduction in prices. I do not see a winter increase yet. The current prices for milk still do not allow farmers to develop further, do not allow them to grow,’ the expert concluded.

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