Petek Un, Turkish company, is considering an option for building two flour mills in Kuban. This was announced by Nurettin Demirpolat, the Chairman of the Board of Directors at the meeting with Veniamin Kondratiev, the Governor of the Krasnodar territory. It was previously assumed that the meeting would take place at the Russian Investment Forum in Sochi, but due to its shift, negotiations were not postponed.
The German concern Stihl, which produces and sells motor tools for forestry and agriculture, as well as landscape design and construction, announced the possibility of opening a plant in the Kuban. Currently, company representatives are studying the market, the regional administration said.
DeloPorts is negotiating the interest sale in the KSK grain terminal with COFCO, the Chinese company, the stevedoring company press service told RIA Novosti.
A Norwegian baking factory Cabare Bakers is planning to expand in Kopansky village. According to the Krasnodar city administration, the factory produces frozen bread rolls and cheese cakes for cafeterias and restaurants. The factory opened two years ago and employs about 30 village residents.
In 2019-2024, Caspian Pipeline Consortium (CPC) will invest USD 600 million in the current pipeline system capacity modernization program, CPC Director General Nikolai Gorban told reporters. According to him, existing capacities will not be able to provide pumping of all oil at the request of shippers, starting from the second half of 2022.
Under the Russian Investment Forum in Sochi to take place in February, Kuban authorities are to sign an agreement with a German company to construct a logistics center worth RUB 850 million, as reported by the administration of the Krasnodar Region.