Central regions | Farming, agriculture | Finance, business

Sberbank to boost innovation in Kaluga’s agriculture

31 Oct '13
Sberinvest, an investment arm of Sberbank, Russia’s largest savings bank, has unveiled plans to assist the Kaluga region in Central Russia in developing its innovation bioindustry segment in agriculture. An agreement has been reached between the company and the region’s agricultural authorities, Sberinvest announced.

One of the focal areas for cooperation will be joint implementation of a project aimed at growing and processing special crops that provide raw material for vegetable oil, biofuel, and glycerin-containing products.

The agreement also calls for the construction of module units to produce vegetable oil and oil-based biofuels. Another focus is the development of technology to use the raw material to make glycerin-containing products.

To facilitate the effort, the partners are expected to set up an innovation center-biotechnopark developing agricultural biofuel technologies. Sector-focused government research institutes and Russian and international financial institutions will be helping the project, too, Sberinvest said.
Publish in Twitter
Write to Facebook
Google Buzz
Write to LiveJournal
Show in MM
Share MK
COMMENT ON THIS STORY
Find Related Content

Locations: Kaluzhskaya oblast

Tags: Sberinvest (2) / agriculture (154) / bioindustry (0) /

Latest News: Central regions
17 Nov '17 | Technology & innovation
15 Nov '17 | Technology & innovation | Finance, business
14 Nov '17 | Finance, business | Transport, logistics
13 Nov '17 | Technology & innovation
9 Nov '17 | Finance, business
 

Feature stories

7 Sep '17
26 Jul '17
Scientists at Tomsk Polytechnic (TPU) in Siberia have...
20 Jun '17
In regions most of European Russians will hardly ever...
Search (News archive - 21190)
Advertising
Global_Entrepreneurship_Monitor
Advertising
Marchmont News

Latest News

17 Nov '17
Three major Russian institutions—the Far East...
16 Nov '17
The Sverdlovsk Venture Fund in the Ural region...
15 Nov '17
Russia announced a new round of active support for...

Most read stories from last week

17 Nov '17
Three major Russian institutions—the Far East...
16 Nov '17
The Sverdlovsk Venture Fund in the Ural region...