BARNAUL, RUSSIA, June 19, 2009
/24-7PressRelease/ -- Major Russian agricultural firm PAVA is collaborating with the Government Intervention Grain Fund, contributing to the domestic market stabilization.
Grain storage facilities of PAVA and its daughter company Russian Agricultural Division have been accredited to keep 280,000 MT of state intervention grain, and 60,000 MT of this volume has already been placed in the company's silos.
PAVA is one of the respected leaders on Russian agricultural market, with combined grain storing capacity over 500,000 MT, and storage of government intervention stocks is an excellent credit to its high status and reliability. There are strict requirements to be considered eligible for storing state intervention grain regarding quality conditions, financial transparency, management expertise, and PAVA enterprises meet them in full.
Recently the group has enhanced and streamlined its business operations to become a leading vertically integrated agroindustrial holding. PAVA seeks to maximize returns from controlling the total production chain from grain growing to processing and distribution.
It should be noted that PAVA unique business model with grain production and deep processing divisions is ranked among the national priority projects. The Government gives it an extensive support programme including tax incentives, special-purpose loans and interest rate compensation.
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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