PAVA Summarizes October Results

Barnaul, Russian Federation (PressExposure) November 10, 2009 -- In October of the current year, Russian grain processor PAVA continued to implement transition to a vertically integrated agroholding and seek new partnership opportunities. PAVA was invited to participate in SCO forum in China during which the company was able to meet representatives of Russian Chamber of Commerce in East Asia, and gain additional exposure for its strategic plans.

As part of an ongoing management process, PAVA enhanced collaboration with baking plants regarding control of flour quality, and consultation from the company technologists on innovative products use. The grain processor continued working on a process design to double the rate of semolina selection on the Mikhailovsky mill.

'PAVA' and 'Altay-Batyushka' trademarks were included in the list of "Golden brands of Altay", proving yet again that quality of the company product range is highly rated by the industry experts.

Farms of daughter subsidiary RAD completed harvest of spring wheat on expanded acreage. The company made a significant step forward in boosting independent grain output which will supply its processing activities in the current season.


PAVA is one of the major grain processors in Russia. The company represents a 3% share of the national flour market. According to 2007 results, it was given the status 'Leading Exporter of the Industry' by Russian Ministry of Economic Development. Recently PAVA has developed a new strategy - creation of a vertically integrated agroindustrial holding. It is based on implementation of 2 projects: RAD (agricultural business operations) and Grainvest (deep grain processing), consolidated under GlobalAgro structure.

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Press Release Submitted On: November 09, 2009 at 11:09 pm
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