Cashin meadow

Performance indicators

At the end of 2023, Kashin Meadow received approximately 54.6 million rubles in revenue, while net losses amounted to 34.3 million rubles.

Itoria

2024: Rumelko bought Kashin Meadow

At the end of March 2024, it became known that the Rumelko holding, owned by the main owner of NLMKVladimir Lisin, paid 589 million rubles for the Kashin Meadow agricultural farm in the Tver Region. We are talking about the acquisition of an 80 percent stake in this enterprise.

Kashin Meadow specializes in animal husbandry, annual crops and other activities. The farm website says that the company, in particular, is successfully engaged in breeding elite breeding cattle of the Hereford breed.

𝓲

Unsplash

As Interfax notes, in January 2024, the Rumelko holding became the owner of another Tver farm - Nikolskoye LLC, which is engaged in raising cattle and producing raw milk. In addition, Rumelko owns 21.51% of Rumelko-Agro, which specializes in growing feed and grain crops. Own feeds will provide up to 80% of the needs of the holding's dairy livestock complexes in the Tver and Kaluga regions, as well as in the Altai Territory.^[1]

2023

In 2023, the Rosselkhoznadzor reported that Kashin Meadow LLC violated land legislation. During the audit, it was established that an agricultural land plot with an area of ​ ​ 211.1 hectares (arable land and hay), leased from an agricultural farm, is not used for agricultural production. It is said that the land throughout the area is overgrown with weedy vegetation: bodyak, osot and wheat. And more than half of the area of ​ ​ the site is occupied by small forests - birch, willow and alder. The tenant in October 2023 was announced "a warning about the inadmissibility of violating the mandatory requirements of land legislation."

Notes