Pava Will Store Grain from State Intervention Fund
OREANDA-NEWS. On 18 August 2008 was announced, that in the nearest future a Special Commission with the Department of Agricultural and food markets at the Russian Ministry of Agriculture will make a decision about allocation of grain from the state intervention fund in 2008-2009 on the Rebrikha, Mikhailovsky and Achinsk flour mills, Chemrovsky and Pankrushikha grain reception centres.
The enterprises, claiming to store the stocks of the state intervention fund are the structural units and subsidiaries of the largest grain processor in the Altay Territory – PAVA. The company is among the three leaders of grain processing in Russia. Following the operational results in 2007 when PAVA shipped over 17% of the total volume of exported flour to the countries of Far and Near abroad, the Russian Ministry of Economic Development and Trade declared PAVA the Best Exporter of the Industry.
The enterprises have been fully prepared for storing of grain from the state intervention fund – starting from mechanical cleanup at the elevators, gassing of the working areas and finishing with check-up of the equipment and railroad bed of the access ways.
“For PAVA, storing of grain from the intervention fund is one more confirmation to the high professionalism of the teams at our divisions and enterprises. There are very strict requirements to the elevators which store intervention grain. They concern not only providing quality of the products intended for storage but also transparency of financial operations. Our enterprises meet these requirements in full. Taking part in storage of intervention grain from the state fund is also proof of the company’s high status at the federal level, since in this way we promote the governmental policy of stabilizing grain market”, stressed Andrey Ananin, OJSC PAVA Director General.
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