EkoNiva’s dairy complex to get support within project financing program
Four more investment projects were approved last week for participating in project financing program by the inter-departmental commission. Three of them are from agricultural sector.
In particular the commission has approved a project of one of the biggest milk producers – agricultural holding EkoNiva. This is according to Deputy Minister of Economic Development of the Russian Federation Nikolai Podguzov and Ministry of Agriculture representative information. The company has already proceeded to construction of a 2,800 heads dairy complex in Voronezh Region (Russia), said its owner Stefan Duerr. The project costs are estimated at 1.265 bln rubles, 1 bln of which will be granted by Rosselkhozbank at 11.5% per annum for 15 years.
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