For 10 months 2019, Rusmolco transferred 435 million rubles of taxes and fees

For 10 months of 2019, Rusmolco, a subsidiary of Olam International Limited, Singapore, one of the leaders of the Russian dairy industry and the largest milk producer in the Penza region, transferred 435 million rubles to the federal and regional budgets. This is 58.5 million rubles more compared to the same period of 2018.

162.8 million rubles have been transferred to the federal budget as taxes and extrabudgetary payments. This is 30.5 million more compared to 2018.

272.2 million rubles have been transferred directly to the budget of the Penza region. This is 28 million rubles more compared to 2018.

In 2019, the Russian Dairy Company launched a new investment program of 4.5 billion rubles in the Serdobsk area of the Penza region. This project is carried out in the partnership with the Russian Agricultural Bank. In the frame of this program, Rusmolco builds the largest dairy farm in Russia, which will allow to increase the daily milk production from 255 to 436 tons and reach 160 000 tons of milk per year. In total, all this will increase the amount of taxes paid to the budgets.  

November 12, 2019