SAHO Remains in List of Most Effective Land-Users
OREANDA-NEWS. August 19, 2011. The Top-20 of Effective Land-Users of Russia was prepared by journal following the results of abnormally drought season 2010. “Agro Industrial Sector of our country, — researchers noted, — stands the test of strength for the third successive year: financial crisis in 2008, grain overproduction in 2009, and finally drought and fires in 2010, reported the press-centre of SAHO.
According to some estimates about 60% of agro-companies are in extremely difficult situation, and not all of them are expected to recover.”
Research results confirmed the official statistics data: 2010 was the most difficult for Agro Sector for the last 10 years. Journal gives an example of the company Zolotoy Kolos from Tatarstan: it only had all the prospects — but in spring of this year the external monitor was introduced due to the incurred debts.
The others, said RBK, were lucky: they just had suffered losses, but still remain among the most effective. VALARS Group, Krasny Vostok-Agro, Siberian Agrarian Holding (SAHO), NAPKO in 2010 have showed the worse results compared to 2009, have lost positions in the rating, but today they have all chances to recover their positions.
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