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Economy/Business
19 November , 17:43

Investor plans to spend almost one billion rubles in sugar factory reconstruction in Raevka

Reconstruction of the "Raevsakhar" plant LLC in Alsheyevsky district will increase its processing capacity to 5.5 thousand tons of beets per day.

The total amount of investments is 927 million rubles, with the creation of 25 new jobs. The company employs a total of 583 employees, it was noted at the "Investment Hour" session.

The main types of products will be sugar (100 thousand tons per year), molasses (22 thousand tons), the dry granulated pulp (30 thousand tons). At the same time, the company received tax incentives on property and profit taxes and reimbursement of part of the cost of purchasing agricultural machinery and equipment.

Author: Azat Gizzatullin

Translated by:Tatyana Aksyutina