A collection of offers for the repurchase of shares of the agricultural enterprise JSC Trud in the Altai Territory has been announced

The Russian Auction House (RAD) announces the start of collecting offers for a controlling stake (51.4%) in the agricultural enterprise JSC Trud, which specializes in crop production and dairy farming. The company occupies a leading position among agricultural enterprises in the Altai Territory.

• The collection of offers is carried out on behalf of JSC Mezhdurechye and JSC Trading House South Siberian Center.
• Price proposals will be accepted until June 4 on the federal trading platform ETP RAD Lot-online.

JSC Trud has been operating since 1996 in the village of Stary Togul, Altai Territory and is a city-forming enterprise.

The property complex includes: cowsheds, a calf barn, grain warehouses, administrative buildings, residential buildings, agricultural machinery, etc. The enterprise also owns 6,800 hectares of land (of which 600 hectares are owned, 900 hectares are leased until 2070, 5,300 hectares – on lease until 2032), which are mainly used for growing wheat, barley, oats, rapeseed, buckwheat, as well as perennial grasses for livestock feed.

Currently, the number of livestock is 2,700 mixed breed cows (cross between Simmental and Holstein). Such cattle are characterized by high milk productivity. In total, the enterprise produces more than 6 million tons of milk per year, which, by agreement, are supplied to the dairy product manufacturer Kholod LLC (Zarinsk) for further processing.

According to financial statements, the company receives the main income (about 80%) from the sale of milk. At the end of 2023, the total revenue of the enterprise amounted to 300 million rubles.

“JSC Trud is an operating agricultural enterprise with a long history. Thanks to an established system of cooperation with a specialized educational institution, the issue of qualified personnel has been resolved at the enterprise. There are current agreements with local companies on the sale of raw materials received (milk, grains and oilseeds). The economic indicators of the society in recent years have shown positive results. Taking into account the subsidies allocated by the state, the enterprise has a high investment potential.

This asset may be of interest to other shareholders of the company to increase their share, as well as to industry investors from other regions to enlarge their business,”— says Inna Safargali, head of the RAD department for the sale of real estate to private owners in Moscow.