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# A new fertilizer storage complex will appear in the Lipetsk economic zone

Publication Date: 11.12.2020, 12:00

Total investments will amount to over $2.72 million.

The Transel company intends to build a complex in the special economic zone Lipetsk for storing plant protection agents, seeds and other products produced by the enterprises-residents of Lipetsk.

The Deputy Head of the Lipetsk region, Dmitry Averov, and the Financial Director of Transel, Timofey Bocharov, have already signed the cooperation agreement.

“A new resident of the Lipetsk economic zone will help both already operating enterprises and those who only plan to launch production of fertilizers and plant protection agents. The new company will help to establish an optimal sales and distribution system, as well as to organize an interrupted supply to agro-industrial enterprises of Lipetsk and neighboring regions,” said Dmitry Averov.

The total investment volume in the construction of a logistics complex, which will begin next year, estimates more than 200 million rubles ($2.722 million).

Source: [LipetskMedia](https://www.lipetskmedia.ru/news/view/139363-Na_yelyetskoii.html)

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