Kuban's Progress Agro to increase flour exports by 65% in 2025

January 23, 2025 / Foreign economic activity / Economy

Progress Agro, a company based in the Krasnodar region, plans to boost its flour exports by 65% in 2025. The company aims to export 33,000 tons of flour next year, up from 20,000 tons in 2024.

This increase represents nearly a 100% growth compared to 2023. The main markets for the flour will be CIS countries, Afghanistan, and China.

Additionally, Progress Agro reported that its wheat exports reached 108,000 tons by the end of 2024. The rise in flour exports will be supported by a new flour milling complex that has a capacity of 450 tons per day. The investment in this facility is around 2 billion rubles, and it is currently being set up.

Since 2020, Progress Agro has been listed as a key company in the Russian agro-industrial sector, highlighting its important role in agriculture.