Israeli Company Demeter To Establish Major Projects in Russia
Demeter, an Israeli company specializing in initiating and connecting agricultural technology projects from Israel to different parts of the world, has signed agreements in Russia for two agricultural projects totalling around $100 million.
demeter, an israeli company specializing in initiating and connecting agricultural technology projects from israel to different parts of the world, has signed agreements in russia for two agricultural projects totalling around $100 million, as reported in calcalist. the company, owned by previous israeli economy minister shalom simchon and the previous economy ministry ceo sharon kedmi, who serves as ceo, and a private investment fund amelia (headed by chemi peres and asi shariv), will establish an agricultural logistical center which will serve 600 million people, and a center for genetic improvement in the cattle industry, which will be the first of its kind in russia.
both projects will be built in the primorye region, which borders on china and north korea.
according to shalom simchon: “”our goal was is to break a path to the russian far east for our company and for other israeli companies to export their knowledge and technology, which is considered world leading in many arenas, especially agriculture. the projects reflect the good relationship between israel and russia, and between demeter and our russian partners in the primorye region who decided to cooperate with us.
for the full calcalist article (in hebrew) click here.