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Italy to invest $250 million into growing roses in Russia
24.09.2012 14:08
Italy to invest $250 million into growing roses in Russia

 Italian businessmen have claimed about their intention of investing $ 250 million into building greenhouse complex for growing roses in Stavropol Kray.


At XI International Investment Forum ‘Sochi 2012’ Stavropol Kray have agreed with Italian businessmen on building a large greenhouse complex for growing roses.  


A ground nearby Stavropol may be allotted for the building plot. The new greenhouses will be stretched for 70 hectares.


The total volume of Italian investments will make up $ 250 million. The project will be realized by the companies Ciccolella and Merloni Progetti. The new greenhouse complex will let Stavropol Kray to take 1/10 share in growing roses in Russia.     

Author: Irina Fomina

Tags: Investments into Russia Russian business    

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