DGAP-News: Ekosem-Agrar becomes Russia's largest milk producer
(firmenpresse) - DGAP-News: Ekosem-Agrar GmbH / Key word(s): Miscellaneous
Ekosem-Agrar becomes Russia's largest milk producer
05.03.2013 / 09:50
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Ekosem-Agrar becomes Russia's largest milk producer
Milk output per day increased to over 310 tons
Walldorf, 5 March 2013 - Ekoniva, a Russian milk producer and subsidiary of
Germany's Ekosem-Agrar GmbH, has once more increased its daily milk output.
At present, Ekoniva produces more than 310 tons of milk per day, which
makes the company the largest milk producer in Russia.
Overall, the Ekosem-Agrar Group produced some 84.1 million litres of milk
in the past fiscal year. This represents a 61% increase on the previous
year's 52.3 million litres. Last year's daily milk output stood at an
average 230 tons. The constant increase in the milk output is attributable
to efficiency gains at the company's farms as well as to the expansion of
the dairy cow herd. The daily output per cow has increased from 20.55
litres at the end of 2012 to currently 22.50 litres.
'The massive investments made over the past years in the expansion of the
dairy cow herd and in modern sheds and milking technology are now paying
off. We have thus laid the basis for continued organic growth in the coming
years,' says Stefan Dürr, Managing Director and majority shareholder of the
Group.
The outlook for the current year is equally positive. At 44 euro cents, the
average price per litre of milk currently exceeds the prior year level by
far. Moreover, the company plans to increase the number of dairy cows by
more than 50% to 22,300 in the course of the year. The target for the
cattle stock is 47,800 up from 37,235 at the end of 2012.
About Ekosem-Agrar
Ekosem-Agrar GmbH Walldorf, Germany is the German holding company in the
Ekoniva Group, the largest Russian agricultural companies. With over 40,300
head of cattle and an average milk production of more than 310 tons per
day, the company is the largest milk producer in the country. The group has
more than 182,530 hectares of land and is also one of the leading producers
of seed in Russia. A third area of business is currently being established
with premium beef. The founder and managing director of the company is
Stefan Duerr. He has been active in Russian agriculture since the 1980s and
has played a decisive role in its modernization over the past two decades.
In 2009, he was awarded the German Federal Cross of Merit for his
contributions to the agricultural policy dialog between Germany and Russia.
The corporate group has about 2,900 employees at six locations in Russia
and achieved revenues from operations of EUR 81 million in fiscal year
2010/2011. For further information visit: www.ekosem-agrar.de
Contact
Irina Schwachhofer
Ekosem-Agrar GmbH
Johann-Jakob-Astor-Str. 49
69190 Walldorf
T: +49 (0) 6227 8890 300
E:irina.schwachhofer(at)ekosem-agrar.de
Media / Investor Relations
Fabian Lorenz
IR.on AG
T: +49 (0) 221 9140 974
E: fabian.lorenz(at)ir-on.com
End of Corporate News
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05.03.2013 Dissemination of a Corporate News, transmitted by DGAP - a
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Language: English
Company: Ekosem-Agrar GmbH
Johann-Jakob-Astor-Str. 49
69190 Walldorf
Germany
Phone: +49 (0)6227 358 59 33
Fax: +49 (0)6227 358 59 18
E-mail: info(at)ekosem-agrar.de
Internet: www.ekosem-agrar.de
ISIN: DE000A1MLSJ1, DE000A1R0RZ5
WKN: A1MLSJ, A1R0RZ
End of News DGAP News-Service
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202971 05.03.2013
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Datum: 05.03.2013 - 09:50 Uhr
Sprache: Deutsch
News-ID 235828
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