en.Wedoany.com Reported - The Government of the Kaliningrad Region, VTB Bank, and Atlantis Khleb LLC signed a tripartite agreement during the St. Petersburg International Economic Forum to construct a vertically integrated grain processing complex in the Bagrationovsky District. This project is a full-cycle enterprise covering the entire chain from grain cultivation and processing to the production of final baked goods, with construction expected to be completed by 2027.
Once operational, the new complex will produce 60,000 tons of baked goods and 144,000 tons of flour annually. The total investment in the project exceeds 15 billion rubles and will create over 400 local jobs. According to the plan, the enterprise will also fulfill a social function by supplying at least one type of bread to the public at low prices. Finished products will primarily be supplied to national fast-food chains, local supermarkets, and food production bases. Governor Alexey Besprozvannykh noted that the project will be significant for the sustainable development of the milling and baking industry in the Kaliningrad Region.
Currently, the Atlantis Group is the only industrial flour producer in the Kaliningrad Region, with products sold through local large retail chains and used for food enterprises and the company's own needs. The group operates seven enterprises in the region, producing chicken, cheese, fish, and seafood semi-finished products, as well as breadcrumbs, mixes, and other items.
Bhagat Dhananjai, General Director of the Atlantis Group, stated that thanks to the projects for constructing the grain processing complex in the Bagrationovsky District and a poultry and beef processing plant in the Chernyakhovsky District, the group's total investment in the Kaliningrad Region will increase to 127 billion rubles. Denis Bortnikov, Deputy Chairman and Chairman of the Management Board of VTB Bank, pointed out that full-cycle production projects in the food industry create stable demand in the regional economy and are an important component of the development of the agro-industrial complex. The bank views participation in such initiatives as an opportunity to support strategic projects, develop industrial infrastructure, improve food self-sufficiency, and create long-term economic growth points.
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