During 2015 the Concern purchased more than 12,000 ha of land assets, and the sugar plants Kanevskoy and Timashevsky.
Renovation of farming equipment park was continued, investments were made into the development of dairy cattle husbandry and into irrigated cropping.
During 2016 the Concern purchased more than 25,000 ha of land assets, and the 'Kurganinsky' Sugar Plant.
The Concern pays taxes and dues to the budgets of all levels totalling 2.15 billion per year.
Over the past 5 years 8.5 billion roubles has been invested in the economy of the Krasnodar region.
More than 2000 jobs have been created.
To increase the processing volume and decrease the operational expenses, a programme for the technical upgrade of the plants was developed for 2016-2017 to the amount of more than 2 billion roubles.
Considering the increased demand for sugar beet, efforts were made in the agrotechnological enterprises to change the cropping pattern and increase the Concern's own raw material growth volume.
The development of farming standards requires a careful and considered approach to the unique natural resources of Krasnodar Region's climatic zone.
Maintaining the cropping pattern, the availability of irrigation systems, and a prolonged period of high temperature enables two harvests during one season. In the next 3 years, the Concern is planning to develop irrigated land-use.
The farming equipment park is renovated regularly.
The greenhouse facility and gardening are an increasing trend in the crop sector. These require more technology-intensive operations and long-term investment payback periods.
While increasing the area of its gardens and greenhouses, the company considers construction plans for horticultural complexes equipped with refrigerating machinery to meet the demand for high-quality fresh food all year round, not only during harvest time or as canned products.
The stable growth in the effectiveness of dairy cattle husbandry is achieved among other things due to the scheduled replacement of forage-fed cows with more productive breeds. The Concern is planning to renew its livestock in 2016.
VELAN is the largest Russian manufacturer of explosion-proof and general-purpose industrial electrical equipment.
The company employs more than 1,500 people.
Its equipment stock continues to be upgraded. Investment in manufacturing over the years 2012-2016 amounted to 850 million roubles.
VELAN is one of the largest taxpayers in the south of Russia and Northern Caucasus. In 2012-2016 it paid into the budgets of all levels 770 million roubles. In 2012-2016 it paid 450 million roubles in to extra-budgetary funds.