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When teats are less controversial than Tweets

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Teats are looking a less controversial topic for the Kremlin than Tweets.

 

Just as Theresa may, the UK prime minister, was accusing Vladimir Putin’s administration of “planting fake stories”, on the likes of social media, dairy group Ekosem-Agrar was praising the Russian administration.

 

“The general economic and political situation in Russia is showing a very positive trend,” said the German-based group.

 

‘Very good support’

 

The optimism reflects an assessment of a political focus that the company said “primarily rests on the subsidisation of investments in dairy cow facilities”, which has meant “very good support in the form of low-interest loans and non-repayable investment grants” for its Russian operating subsidiary, Ekoniva Group.

 

The “favourable conditions”, which also extend to the country’s dairy market, is helping the group finance the construction of seven further facilities, enough to add 14,400 cows to its herd, which will hit 60,000 by the end of next year.

 

Milk output should top 1,500 tonnes per day, with the group investing in its processing capacity too, raised by takeovers by 40 tonnes per day to 390 tonnes per day.

 

‘Sow discord’

 

Furthermore, “against the background of the good financing opportunities”, Ekosem-Agrar is snapping up extra land, buying a further 48,000 hectares this year to take its portfolio to 248,000 hectares, with more acquisitions under discussion.

 

“The good economic conditions for large agricultural enterprises have also led to strongly increased land prices,” the group said.

 

While Russia may be trying to “sow discord in the West”, according to Ms May, it looks to be helping its domestic agriculture industry seed prosperity.

 

Many UK farmers may see that as an area where Westminster could take a lesson from the Kremlin.

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