Governor Sumin to nationalize farms

7 August 2009 (09:48)

Governor of Chelyabinsk Region Petr Sumin decided to have the agricultural assets of Kundravy village (Chebarkulskiy district) nationalized with the help of Food Corporation Regional State Unitary Enterprise. Following the Governor’s order, 63 million RUR has already been allocated from the region’s budget.

Deputy Governor Andrei Kosilov commented on Sumin’s decision in the course of a briefing. According to Kosilov, Kundravy’s agricultural business has not been a success over the last few years because new proprietors kept coming in all the time. Deputy Governor believes nationalizing the assets now and handing them over to investors later on will save both the business and the jobs in Kundravy, alongside with the 1,700 cows vital to the farm.

‘Chebarkulskiy district has always been an important raw materials base for the local dairy plant, so it makes economic sense to support the milk production in the area,’ Kosilov observed.

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