Thursday, April 24, 2014
 
Follow sptimesonline on Facebook Follow sptimesonline on Twitter Follow sptimesonline on RSS
MOST READ



PARTNER NEWS



BLOGS



OPINION

 

Перевести на русский Перевести на русский Print this article Print this article

McDonald's French Fry Plant Planned

Published: February 10, 2014 (Issue # 1796)



  • Belaya Dacha is working with a Dutch potato farmer on a facility to produce 100,000 tons of french fries annually.
    Photo: Andrei Makhonin / Vedomosti

Agricultural producer Belaya Dacha is ready to begin construction of a factory in the Lipetsk region that will supply french fries to McDonald's fast food restaurants throughout Russia, Vedomosti reported Friday.

Belaya Dacha will work with the European Bank for Reconstruction and Development, which will have 35 percent of the venture, and Dutch potato farmer Farm Frites, which will be a 30 percent partner, the Russian company's founder Viktor Semyonov said.

More than 100 million euros will be invested in the project, 40 percent of it coming from the partners' own funds and the rest from loans, Semyonov said. They will also seek state subsidies, he added.

A spokesman for the bank said negotiations are ongoing.

Related: McDonald’s to Fuel Gold Medals in Sochi

Semyonov said a preliminary 5-year agreement with McDonald's has already been reached.

The factory will be built on a 10-hectare plot of land in the Lipetsk region's special economic zone and will produce up to 100,000 tons of french fries per year, he said. The goal is to replace all potato imports for the fast food giant with domestically produced ones, and have enough to supply the retail market, Semyonov added.

The first harvest is planned for 2016, for which 500 to 700 tons of seed will have to be imported from .

Russia banned the import of potatoes and potato seeds from Europe in July 2013 due to violations of phytosanitary requirements by suppliers, but Semyonov said he expects the restrictions to be lifted in the near future. Belaya Dacha is one of oldest suppliers to McDonald's Russia.





 


Times Talk

ALL ABOUT TOWN

Thursday, Apr. 24


Learn more about Denmark during the Danish Business Delegation’s visit to SPIBA this evening starting at 5:30 p.m. at the Danish Culture Institute. Danish Consul general Klaus Sorensen will be in attendance and the buffet following a presentation on Danish companies in Russia will be the perfect opportunity to network with the assembled businessmen.


AmCham’s Human Resources Committee Meeting is scheduled for 9 a.m. this morning in their St. Petersburg office. Check their website for more details.



Friday, Apr. 25


Light Music presents the main events for their Cultural Kitchen project at Loft-Project Etagi today. A B2B event that focuses on Finnish food, arts, travel, music and design, the evening will conclude with a dinner by chef Jyrki Tsutsunen and dancing to music by Aino Venna. The event, which began yesterday with presentations by tourism and cultural institutions, concludes today with a preview of Finland’s Flow festival and other musical events. Invitations are available from www.culturalkitchen.fi.



Saturday, Apr. 26


At 6 p.m. this evening, stylist Liliana Modigliani offers 50 simple ways to up your style quotient with beauty tips at the Galeria shopping center on Ligovsky Prospekt. The event is part of the final day of the shopping mall’s Fashion Saturday sales event, this week focusing on top brands located on the ground floor as well as presentation from fashion experts on sprucing up your spring look.



Sunday, Apr. 27


Families shouldn’t miss Childhood Planet 2014, the trade fair that started yesterday and concludes today at LenExpo. Not only will goods and services be provided for children and families but the event hopes to promote Russian brands and eco-friendly products using the latest technology available in the childcare industry.



Monday, Apr. 28


The Hotel Indigo will be the site of SPIBA’s Acting Skills for HR and Other Managers master class this morning starting at 9 a.m. The event will begin with coffee before moving on to the class itself and conclude with a tour of the recently opened hotel. Confirm attendance by Apr. 24.



Tuesday, Apr. 29


Improve your English at the British Book Center’s Interactive English Lesson tonight at 6 p.m. Students at pre-intermediate and intermediate levels are welcome discuss topics that are selected to help learners master the more difficult aspects of English grammar and vocabulary.