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FIRST DONSKOY SUGAR PLANT construction is to start in 2015 Press source: Official Internet Portal of the Government of Rostov Region

The FIRST DONSKOY SUGAR PLANT investor declared determination to start construction works in the Tselinsky disctrict in the second quarter of 2015. Details of implementation of this and other agricultural projects were discussed at the meeting held on February 12 by Governor Vasily Golubev in the government of the region.
Let us recall that implementation of this large-scale investment project is undertaken by INTERNATIONAL SUGAR CORPORATION in association with SUCDEN (France). Estimate plant capacity is 12 thousand tons of sugar beet per day. The plant will provide 500 new jobs.
Elaboration of design documentation has been completed. However, due to the changes in exchange rate, the project value is to be adjusted. Estimate cost of the project after adjustment will be not less than 15 billion rubles. The investor has already put 220 million rubles into the project, mobilized the necessary amount of own finds for the project financing and addressed the issue of attraction of credit funds.

FIRST DONSKOY SUGAR PLANT construction is to start in 2015