Canadian Genetics Shipped to Expanding Russian Agri-Business

by 5m Editor
15 April 2008, at 9:58am

CANADA - Genesus has just completed the successful delivery of a Four Plane Shipment of swine genetics to Kuban AgroHolding of Krasnodar, Russia.

Kuban AgroHolding is a large agricultural complex with 70,000 hectares (173,000 acres) over 5,000 employees, 10 agrarian enterprises which include swine production and pork processing. Director General is Fyodor V. Druginin.

Genesus Swine Genetics has the largest registered purebred herd in the world and is Canada's premier source of excellent health and high performance swine genetics.

"Genesus thanks Kuban AgroHolding for its confidence in our genetics and people. We look forward to many years of cooperation. Russia is rapidly expanding its domestic pork production; Kuban AgroHolding will be a major producer and leader in technology adoption" said Jim Long, Genesus President-CEO.

AgroHolding Kuban is an expanding and diverse agri-business. It has pioneered such areas of farming as stocking and processing, retail, sunflower, soy, corn, and barley seed and other agriculturally-based innovative technologies.

Within four years the company has allocated over 2.2 billion rubles into investment programs, including 1.2 billion rubles on new machinery and equipment; over 60 million on modernization and development of livestock farming, 250 million rubles on seed farming, 300 million rubles on grain storage and processing, and over 300 million rubles on the enterprise expansion; by 2008, 3.3 billion rubles is to be invested to the company development.

It is currently planning the expansion of its in-house crop processing business, construction of a meat-processing plant and a diary. It also hopes to increase its production area to 70,000 hectares.

5m Editor