Kuban Agro holding company, one of Russia’s largest agribusinesses and part of Basic Element industrial group, announces full year production and financial results for 2016. Company’s revenue reached 10.8 bln rubles, over 8% increase year-on-year.
28.07.2016 / Dairy Global, Vladislav Vorotnikov
The Russian dairy industry may soon benefit from embryo transfer of Holsteins, a cheaper alternative than importing Holstein cattle into the country. The Kuban Agro project aims to increase the use of this breeding technique.
18.05.2016 / World Grain
Kuban Agro Holding reported on May 17 a net profit of 2 billion rubles ($30.7 million) in 2015, a 79.4%-increase compared to 1.1 billion rubles in 2014. The company’s revenue increased by 32% to 10 billion rubles compared to 7.3 billion rubles in 2014.
In spite of the ban on European products – including dairy – entering Russia, the internal dairy industry seems to be on a firm footing in spite of some challenges, according to Andrey Oleynik, chairman of the board of directors of Kuban agroholding, one of the largest agribusinesses in Southern Russia. DairyReporter took the opportunity recently to ask Oleynik about the state of the dairy industry in Russia.