Russia apples

Consulting and event management service provider Vostock Capital is organising two events before the end of the year focused on developments within the Russian fruit and vegetables sector and opportunities for investment.

The first, “Open Russia Orchards and Vineyards Debate”, takes place on 15 November in Bolzano, Italy, and looks at the opportunities for Russia’s orchard and vineyard industry and the potential for investment.

Russia’s ban on food imports from the EU, the US and some other sources, in response to the imposition of sanctions, has necessitated the development of the country’s domestic food industry in recent years, as it seeks to reduce its dependence on food imports.

Following Russia’s national strategy for the development of agriculture and food production, the country’s total orchard area is expected to increase by 11,500ha annually.

In fact, Russia has outdone its own projections, boosting the country’s orchard area to a total of 73,000ha, with more than 100 new orchard projects planned for 2020-2022.

As Russia appears set to become a major player in the global market by 2020, attendees will learn about the pros and cons of working in Russia’s orchard industry and discover the investment potential.

On 5-6 December, Vostock Capital will also organise the third annual international forum and exhibition, “Greenhouse Complexes Russia 2018”, welcoming over 500 participants to Moscow.

The aim of the event is to create a professional platform to unlock investment in the Russian greenhouse industry, discuss development strategies, share experiences and conclude new lucrative contracts.

According to Vostock, the forum will gather investors from the Commonwealth of Independent States (including Kazakhstan, Uzbekistan, Belarus, Armenia and Azerbaijan), Europe and Asia, to meet those developing greenhouse investment projects across Russia.

The event will also reportedly attract decision-makers from federal and regional agroholdings, ministries and agencies, heads of regions, retail executives, service providers, and presidents of national unions and associations, and will identify how the Russian greenhouse industry is likely to evolve beyond 2020.