February 27, 2012
Russian grain producers' financial condition declining
On February 16, Ivan Obolentsev, Chairman of the commission on the agricultural complex of the Russian Union of Industrialists and Entrepreneurs said that in recent years, the financial condition of grain producers in Russia worsened.
According to him, Russian agrarians managed to came out of the drought in 2010, returning producing volumes, exports, etc. at the previous positions.
But agrarians reached quantitative indices only. During years of the crisis, especially in 2010, the financial condition of the industry deteriorated, he said.
