MOSCOW TIME: 04.05.2024 07:41:21

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Israel – Russia joint venture company to build agricultural center in Primorye

Israel – Russia joint venture company to build agricultural center in Primorye

Israel – Russia joint venture company Biotechmarket plans to build an agricultural wholesale distribution center in Primorye. The center will include warehouses, production and trading areas, phytosanitary and veterinary control points, customs station, banking and insurance facilities and provide about 40 types of services.



Israel – Russia joint venture company to build agricultural center in Primorye


Israel – Russia joint venture company Biotechmarket plans to build an agricultural wholesale distribution center in Primorye. The center will include warehouses, production and trading areas, phytosanitary and veterinary control points, customs station, banking and insurance facilities and provide about 40 types of services. The center will operate in united payment processing network.


The agreement between Primorye officials and Biotechmarket involves a creation of selective genetic center for cattle embryo transfer and cattle breeding. The plan is to propagate black-and-white, pale and red breeds of cattle with high milk productivity and beef-making qualities. At the first stage the company will create a lab and get the supply chain of cattle embryos from Israel going. At the second stage the company will breed embryos in Primorye.


Biotechmarket LLC was registered in 2014. The company specializes in realty operations and wholesale business. The owners on a parity basis are general director Oleg Lamnev and Demeter-AWE Holdings Ltd., Tel Aviv.



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