Holding news

A press conference dedicated to the 11th anniversary of ECO-Culture holding

This December, the company celebrated its 11th anniversary. A press conference dedicated to this milestone event was to summarize the results of the past year and make announcements about the plans for 2022.

During the conference, the President of the holding Alexander Rudakov emphasized that ECO-Culture’s greenhouses create more jobs for every ruble invested than other agricultural enterprises. Right now, the company employs about 7,000 people. As production capacities of the holding are constantly expanding, a lot of attention is paid to human resources policy. After all, the President himself claims people to be the company’s most important value. It was due to decent working conditions, motivation system, social guarantees, and career prospects that the agricultural holding managed to gather the best specialists in Russian indoor vegetable production.

The pandemic lasting for two years has certainly affected the company’s business performance. Still, despite the changed conditions, the holding continues to develop in strict compliance with its strategy while uninterruptedly supplying fresh vegetables to consumers. Unlike many other enterprises, ECO-Culture turned out to be well-prepared for new epidemiological challenges. The greenhouse staff traditionally follows strict hygiene standards to reduce the chance of infections spreading. This ensured the company’s continuous operation without layoffs or forced vacations, even during the economic lockdown. Quite the contrary, even during this period ECO-Culture has launched new greenhouses with, of course, new jobs created.

In her speech, Maria Bocharova, the First Vice-President of the company, noted that apart from developing actual production in Russia and constantly opening positions in the regions of presence, ECO-Culture also addresses the issues of food security for the country. Thanks to that, the import substitution course taken by the Russian economy several years ago is already and, in our case, literally bearing fruit. The number of domestically produced greenhouse vegetables on the shelves has significantly increased. Moreover, Russian products prove superior to their foreign analogs in taste and organoleptic properties. Many consumers admit that ECO-Culture’s tomatoes, cucumbers, and lettuce became synonymous with impeccable quality. All that would have been impossible without the holding’s extensive activities over the past 11 years.

Right now, the company ranks among the largest taxpayers in the agricultural industry. Following the 9 months of 2021, the holding’s total accruals to the state’s budget and non-budgetary funds amounted to 1.054 billion rubles. The amount is 16% higher than one for the same period in 2020.

ECO-Culture, however, is planning to increase its production capacities, enter new markets, create even more jobs, and expand its product range. Today, the company runs eight investment projects in different regions of Russia. In 2021, a total area of 46.5 hectares of greenhouse facilities was put into operation. The holding is completing the construction of a complex in Voskresensk and is about to launch the next phases of complexes in the Tula, Voronezh, and Leningrad Oblasts. At the same time, next-generation summer greenhouses are to be built in the south of the country as well – in Stavropol Krai, Kabardino-Balkaria, and North Ossetia.

Sticking to its original course, ECO-Culture focuses on the adoption of state-of-the-art technology, the use of exclusively biological (i.e. environmentally friendly and safe) methods of crop cultivation, and sophisticated logistical solutions. After all, it’s thanks to these components the holding’s products gained popularity in many regions of Russia, from Kaliningrad to Murmansk and Novosibirsk.