The authorities of the Krasnodar Territory have provided a property tax relief for a period of five years to the investor in the construction of a new three-star hotel in Krasnodar, which will operate under the international Hampton by Hilton brand and will open during the 2020, the press service of the Krasnodar Territory Administration reported on Tuesday.
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.
The Krasnodar CLAAS plant received the permit for a masssive plant modernization. It provides for the installation of new equipment and an increase in the grain harvester production area. The Head of Krasnodar, Evgeny Pervyshov, personally handed the construction permit to Michael Ritter, CEO CLAAS Krasnodar, the mayor's office said.
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.