Eugene is a freelance journalist writing for IEG Policy and IEG Vu. He covers multiple agri-food sectors and has a deep knowledge of the markets and the agri-politics of Russia and the CIS countries.
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Latest From Eugene Vorotnikov
At a press conference hosted by Mexico’s ambassador to Russia, Norma Pensado, Juan Barrio, director of nut producer Nueces la Esperanza, said that present exports of Mexican pecan nuts are currently worth an estimated USD625 million, but thanks to the beginning of supplies to Russia this figure may increase significantly.
Russia’s leading carbonated soft drinks (CSDs) producers, and the multinationals operating in the country, are worried that the new soft drinks tax will cause the market to shrink by 0%. Currently, only alcoholic drinks are taxed in Russia.
Russian businessman Pyotr Zhukov, son of the First Deputy Speaker of the Russian Duma (State Parliament) Alexander Zhukov, has taken a 40% stake in Frutti LLC, one of Russia’s leading producers of healthy soft drinks and natural juices.
Eco-Culture Agroholding, Russia’s largest vegetable producer, has announced plans to invest more than USD150 million in the establishment of large orchards and fruit processing facilities in Uzbekistan.
Russian Fish World, one of the country’s largest fish processors, will build the new USD30 million facility in Podolsk, European Russia.
The European Commission’s grape harvest estimate is pegged at 175.6 million hectolitres, a 22.1% jump from the catastrophic 2016/17 season.