Holding news

ECO-Culture expands production capacity and creates more jobs

More than 1,500 new jobs will be created by the end of 2022 at ECO-Culture holding’s enterprises. Thus, the total number of people employed by the agricultural company will increase by 21 percent to exceed 8,500 people.

Today, the holding remains a major domestic producer and investor in the indoor vegetable cultivation industry. By supplying the population with tasty and healthy vegetables (tomatoes, cucumbers, and lettuce), the company contributes to ensuring our country’s food security.

New jobs are to be created after the launch of new greenhouse facilities in a number of regions of the Russian Federation as stipulated by the holding’s investment program. New projects include Podmoskovje greenhouse complex (34.8 hectares), the second and third phases of Voronezhsky greenhouse complex (40 hectares in total), and the second phase of Tulsky greenhouse complex (26.6 hectares). The newly created production capacities will be used to grow various tomato hybrids, which is expected to accelerate the import substitution of these vegetables. The first harvest is to be shipped from the new greenhouses in September-October.

The third quarter of the year will see the launch of the second phase of the Krugly God facility in Leningrad Oblast, along with a new greenhouse complex in Stavropol Krai.

Notably, more than 80% of the raw materials and components used in construction are domestic products.

New job positions will be opened for more than 1,000 vegetable growers who are the main workforce of greenhouse complexes. Also, the holding is willing to hire agronomists, engineers, drivers, warehouse workers, and administrative staff.

The President of the company Alexander Rudakov states that despite dramatic macroeconomic changes, all the holding’s facilities and distribution centers in the regions of its presence continue to fully implement the production schedule and provide uninterrupted supplies to the retail chains. Once put into operation, the new production capacities will boost the import substitution program for tomatoes, cucumbers, and lettuce.

Mr. Rudakov added, “I see the new 1,500 jobs as our company’s contribution to stabilizing the labor market and strengthening social cohesion in a number of Russian regions”.