Investments in production and price stabilization: Crimea has increased the volume of dairy production over the year

In Crimea, the production of dairy and sour-milk products, such as milk, butter, cheese and cottage cheese, has noticeably increased. Only last year, Crimean enterprises processed about 140,000 tons of raw milk, which is 16% more than in 2021. For the first quarter of this year, local producers managed to increase the output of dairy products by 33.7% compared to the same period last year. This is facilitated by investment projects to modernize production facilities and expand the supply of raw milk from neighboring regions, prices for which have fallen this year.

In the Razdolnensky district of the peninsula, an investment project is being implemented to create and develop a milk processing enterprise with a capacity of up to 150 tons per day. Last year, the manufacturer received a state subsidy for the increase in raw milk sent for processing. Already in the first quarter of this year, the enterprise increased the production of butter by 4 times and cheese by 1.8 times. It is planned to purchase new equipment and new lines.

A new farm for 240 heads worth 85.3 million rubles is being built in the Krasnogvardeisky district of the republic. The company plans to increase the number of dairy herds up to 1 thousand heads, and milk production — up to 9.6 thousand tons per year.

Enterprises of the republic are actively developing business thanks to investment projects and government support, – notes Igor Tsvetkov, Head of the Branch of the Bank of Russia in the Republic of Crimea. — In the first quarter of this year, for the development of agriculture, Crimean enterprises received almost a third of all loans issued to businesses — 916 million rubles, which is 8% more than a year earlier. In particular, the demand for preferential lending programs is growing, thanks to which business activity in the region continues to recover.

Crimean agrarians, in turn, positively assess the prospects for the development of the industry as a whole and are constantly expanding the range of products, increasing their recognition in the region. In addition, fairs are regularly held in the republic, where you can purchase products from the manufacturer at affordable prices. Also, the goods of the Crimean enterprises are presented at image-building republican and federal events and «farm islands».

«Regional Economy» — an analytical report on the economic situation in all regions of the country. The document is based on official statistics, opinions and assessments of business and analysts, as well as surveys of non-financial enterprises that operate, including in Crimea.