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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: McDonalds 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.





 


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Saturday, Nov. 1


The men and women who dedicate their lives to fitness get their chance to compete for the title of best body in Russia at todays Grand Prix Fitness House PRO, the nations premier bodybuilding competition. Not only will men and women be competing for thousands of dollars in prizes and a trip to represent their nation at Mr. Olympia but sporting goods and nutritional supplements will also be available for sale. Learn more about the culture of the Indian subcontinent during Diwali, the annual festival of lights that will be celebrated in St. Petersburg this weekend at the Culture Palace on Tambovskaya Ul. For 100 rubles ($2.40), festival-goers listen to Indian music, try on traditional Indian outfits and sample dishes highlighting the culinary diversity of the billion-plus people in the South Asian superpower.



Sunday, Nov. 2


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Monday, Nov. 3


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Tuesday, Nov. 4


Attend the premiere of Canadian director Xavier Dolans latest film Mommy at the Avrora theater this evening. The fifth picture from the 25-year-old, it is the story of an unruly teenager but the most alluring (or unappealing) aspect is the way the film was shot: in a 1:1 format that is more reminiscent of Instagram videos than cinematic art. Tickets cost 400 rubles ($9.60) and snacks and drinks will be available.



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