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German Petkus may erect seed elevator equipment factory at Kuban

Petkus (Germany) is considering the potential construction of a factory to manufacture equipment designed for grain storage silos as well as seed and grain processing equipment under its own trademark in the Krasnodar Territory, according to the Press Office of the Regional Administration.

"We have seen and assessed several potential sites for erecting our factory. We are going to review the information shortly. But I think this business project is pretty promising. It is vital that we and the Krasnodar Territory Administration are interested in successfully implementing the project", Mark Schultz, the CEO of the German group, told during the meeting held with the Territorial Administration in Krasnodar.

According to Mr. Schultz, the company is efficiently represented in the Russian market and interested in localizing the production of equipment designed for storage silos and grain processing equipment under Petkus's trademark.

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