DAMATE Group is a Russian agricultural holding company holding company, involved in three businesses: turkey production and processing, dairy farming and milk processing.

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21 September 2018

Damate builds a new grain elevator

DAMATE Group started the construction of the second elevator in the Nizhnelomovsky district of Penza region, an increase amounts to 30 thousand tons. As a result a new facility is planned to be commissioned in the summer of 2018, the total storage capacity of DAMATE will grow to 105,000 tons. The amount of investment in the project is 242 million rubles. These are the company's funds and financing from Rosselkhozbank.

The second stage of the grain elevator construction is carried out as part of the DAMATE’s project for expansion of turkey production to 155 thousand tons, affecting all segments of the vertically integrated structure of the holding, that is scheduled to be implemented over a two-year period. Currently, the granary foundations are under construction, the equipment has been ordered in full, its arrival is expected in the middle of May. The new facility will be applied technologies and developments that have proved themselves in the course of the construction of the first stage of the new elevator.

"The planned increase in the grain storage capacity is primarily aimed at creating a reliable feed base and providing a growing number of high-quality feedstuffs of our own production," said the co-owner and CEO of DAMATE Rashid Khairov.

April 25, 2018