(1888PressRelease)
June 26, 2009 - PAVA, one of Russia’s top-ranked grain processors which has recently targeted vertical integration, will take part in the 2d World AgriInvest Congress. This London event, held at the Millennium Mayfair Hotel, has become a great venue for networking of agribusiness value chain professionals with members of financial community.
During three days, participants of the Congress will share their outlook on market and prices of grain and food, role of government support, as well as investment prospects in the sector. Reports from senior figures in global agriculture will provide the picture of how global recession has impacted the industry.
PAVA will be represented by Sergey Balaenkov, CFO and Galina Balaenkova, Head of IR and International Business Development. The company presentation is scheduled on June 30, Tuesday, 2.50 pm and is devoted to the benefits of vertical integration in agrisector. PAVA’s new strategy, based on farming and deep processing projects, has already become an object of investor interest due to its innovative factor and high margin potential.
“Rapid growth is what best describes our company in the past 2 years, and we have definitely strengthened international presence”, says Ms Balaenkova. “This event is important for us since it provides extensive access to latest industry information and new vectors of its development. We also hope to get more exposure for our projects, and form new partnerships”.
To recap, the Altay company seeks to control considerable land bank which now stands at over 160,000 ha, increase grain output and processing capacities with a shift towards high value added wheat ingredients.
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