February 17, 2020

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Senior Minister of State of the Ministry of Industry and Trade of Singapore visited Olam’s facilities in Russia


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On October 25, Singaporean delegation headed by Dr. Koh Poh Koon, Senior Minister of State of the Ministry of Industry and Trade of Singapore, visited Olam’s – Rusmolco operations. Rusmolco operates modern and highly efficient – large scale Dairy and Agricultural farming facilities in the Penza region of Russian Federation. The company has established itself as a reliable, high quality milk producer.

The delegation started its visit from a dairy farm, located in the Narovchat area. The Narovchat farm, inaugurated in 2010, became the first modern large-scale dairy in the Penza region. Nowadays, it holds over 6000 cows, producing 120 tonnes of high quality milk per day. Mr. Koh Poh Koon examined the operations and familiarized himself with the technologies for the production of raw milk. 


Rusmolco’s specialists explained to the Singaporean delegation - the key principles/ technologies of the work on the farm, as well as the main achievements of the Russian Dairy Company in the whole. Mr. Koh Poh Koon thanked everyone for their excellent work and left a memorable inscription in the book of honored guests: “The future of farming lies in leveraging high technology and increase yield with minimal labour. This facility is a good demonstration of how good science, coupled with high technology, produces good / high quality milk for human consumption. Well done, Olam!  And congratulations!”

The next stop was made at Pachelma elevator -  100 000 mt capacity commercial elevator that has drying capacity of over 5000 mt per day. It is the most modern facility of its kind in the region and is designed with railroad connection that can facilitate grain exports from the region and supported by additional silo bag storage capacity on premises of 75,000 mt.

Minister highlighted the following: Impressive elevator that caters to the future and current needs of Olam’s operations. All the best and may your operations continue to grow!”


To close the visit, the Minister along with Rusmolco’s senior team had a working meeting on economic cooperation in the agricultural sector with the Governor of the Penza region – Ivan Belozertsev.  Penza Governor noted: “The Penza region and the Republic of Singapore are united by friendly business ties. Due to this collaboration, the Penza region occupies high positions in the agriculture across Russia. I thank you and your team for this work! Now, Rusmolco is the most efficient among all foreign companies working in Penza. The authorities are ready to support all new investment projects of your company.”

In his turn, Mr. Koh Poh Koon commented: “No doubt about it! After all, the confirmation of the words of the governor is a long-term cooperation with the Singaporean investors. I have heard a lot about investments in the Penza region, but during this trip I was personally convinced of the results of this activity.


Mr. Koh Poh Koon thanked the Governor of the Penza Region for supporting projects implemented, and expressed confidence for the further fruitful mutually beneficial cooperation: “On behalf of the State of the Republic of Singapore, I would like to thank you, dear Mr. Governor, and your entire team for your invaluable support and the assistance that you have been providing to the investors since the company’s entry into the region”.

1 ноября 2018 г.


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