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
Consumption of nuts in Russia is steadily growing, reflected by the growth of imports to the country: up 150% for the first three quarters of the current year, according to the Russian Federal Customs Service (FCS).
Russia says it wants to import up to 300,000 tonnes of beef a year from Mexico as the two countries strengthen bilateral trade in farm goods. And with Russian beef production still stagnating, and demand showing signs of recovery, other Latin American nations are also looking to boost sales over the coming months.
Unilever plans to increase exports of its tomato paste, sauces, ketchups and some other products, manufactured at the capacities of its Russian production facilities by the end of 2018, according to the company.
Magnit, a major Russian supermarket chain plans to invest about RUB15 billion (USD250 million) in growing vegetables and the establishment of its own production of canned food in Russia by 2020.
Coca-Cola has commissioned two new production lines at its Russian plant in St. Petersburg, bringing the number of lines at the plant to five and increasing output by 80%.