Russia: The volume of investments in the agro-industrial complex of the Yaroslavl region amounted to over 10 billion rubles

Published 2021년 5월 28일

Tridge summary

The Yaroslavl Region's agricultural sector faced challenges in 2020 due to COVID-19 and increased prices in energy, spare parts, and mineral fertilizers, leading to lower harvests and production of livestock. Despite these challenges, there was a 12.5% increase in fixed asset investments, totaling over 10 billion rubles. The average wage for agricultural workers rose by 9%, and the total production value increased by 7.4% from the previous year. The region also saw a decrease in the production of certain food products due to changes in demand. Efforts are being made to update agricultural machinery through a regional leasing system and other state support measures. The region is implementing 56 investment projects, with 14 underway this year and 24 planned by 2025.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

At the same time, the indicators of the gross harvest of grains and legumes, vegetables in 2020 are lower than in 2019, there has also been a reduction in the production of livestock and poultry for slaughter, and some investment projects have not begun to be implemented. Of course, the main reason for this is the coronavirus, as well as the all-Russian situation with prices for agricultural products, its significant volatility and a significant increase in prices for energy resources, spare parts, mineral fertilizers. contain the number of unprofitable farms, and the total volume of investments in fixed assets increased by 12.5% and amounted to over 10 billion rubles. Today in the region there are about 600 agricultural enterprises, more than 15 thousand retail trade and public catering facilities. The average monthly wage of workers in agriculture in 2020 amounted to 32.9 thousand rubles, which is 9% higher than in 2019, and at food enterprises and the processing industry - 31.2 ...
Source: Agrovesti

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