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Russian Agricultural Division: international partners turn to land investment
RAD says the company enlarges the number of prospective partners to invest in Russian land which gains increasing popularity internationally
BARNAUL, RUSSIA, June 03, 2009 /24-7PressRelease/ -- Russian Agricultural Division (www.radcorp.ru) says it significantly enlarged the list of prospective strategic and financial partners to invest in continued growth. A recent surge of investor interest in agricultural land, spreading all over the world, is set to contribute to successful development of the agrigrain project.
"Our focused efforts and co-operation with BNP Paribas help us maintain contacts with individual investors and funds from different regions of the world", says Galina Balaenkova, PAVA Head of IR and International Business Development Department. "And we do not limit the investment partnership geographically, because the value created by RAD is a global attraction".
The company has already received multiple queries and is ready to take the co-operation to the next level. RAD believes that in times of economic stress and lurking inflation investment in agricultural resources is crisis-proof.
Today, PAVA agricultural subsidiary controls over 160,000 ha of land, and is actively engaged in spring sowing operations.
About PAVA OJSC
OJSC PAVA is known as one of the three leading operators on the Russian grain processing market. Its principal activities are manufacturing and distribution of such products as flour of different grades, cereals, confectionery and animal feed.
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Press Release Contact Information:
Yulia Chebotareva
PAVA OJSC
PR manager
Pushkina 38
Barnaul, Altay Region
Russia 656049
Voice: +7 3852 630155
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