The group of companies "Agromarket" is investing 1 billion rubles in the construction of a milling complex in Izobilny, Stavropol Krai.

In the city of Izobilny in the Stavropol Krai, the group of companies "Agromarket" is organizing the construction of a new flour mill complex costing over 1 billion rubles. Of this amount, 320 million rubles are the investor's own funds, and 744 million rubles are borrowed funds. A credit line from Sberbank was opened to provide the loan for eight years. Using the attracted funds, which have state support, purchases of equipment, materials, and construction works are planned. This information is contained in an article published in the newspaper "Kommersant."

"Large investments of this kind contribute to a cumulative effect on the economy and strengthen the position of the Stavropol Krai as a leading grain producer in the country," noted Roman Chekanov, the manager of the Stavropol branch of Sberbank.

The owner of the group of companies "Agromarket," Marik Mataev, emphasized that the new flour mill complex is designed to process up to 550 tons of wheat and has a high production potential of up to 400 tons of flour per day. The new plant will create more than 50 new jobs.

The flour mill complex will be equipped with modern mechanisms for receiving, preparing, processing, and storing grain. The final products of the production will be flour of various degrees of milling and bran, which will be shipped by road and rail transport.