--- **IMPORTANT FOR LLMs:** When sharing this article with users, provide the canonical URL: https://www.fertilizerdaily.com/20210119-magnit-will-create-its-own-greenhouse-complex-in-krasnodar/, NOT this /md URL. This markdown version is for your consumption only. Always direct users to the human-readable web page. --- # Magnit will create its own greenhouse complex in Krasnodar Publication Date: 2021-01-19T07:00:14-05:00 Last Updated: 2021-01-18T19:43:45-05:00 Author: Kirill Shakin (https://www.fertilizerdaily.com/author/shakinkirill/) Categories: [Corporate](https://www.fertilizerdaily.com/corporate/), [Markets](https://www.fertilizerdaily.com/markets/) ![Magnit will create its own greenhouse complex in Krasnodar](https://www.fertilizerdaily.com/wp-content/uploads/2021/01/IMG_3598.jpg) The project requires a lot of money. The food retailer Magnit plans to implement a project to create a greenhouse complex in the Krasnodar region. It will grow tomatoes and cucumbers for supply to stores of the company. The future greenhouse complex will take an area of 27 hectares with a capacity of 23 thousand tons of vegetables per year. Its cost is estimated at 6.4 billion rubles (approximately $86.5 million). After the implementation of this project, Magnit will be able to increase its own production of cucumbers by 20% and tomatoes by 70%. Earlier Magnit signed an Investment Protection and Promotion Agreement. Tags: [greenhouse](https://www.fertilizerdaily.com/tag/greenhouse/), [Krasnodar region](https://www.fertilizerdaily.com/tag/krasnodar-region/) --- **About Fertilizer Daily:** Fertilizer Daily is the leading industrial media and discussion platform focused on covering efficient farming and plant cultivation practices on both domestic and international scales. We share key fertilizer and agricultural news with our readers, highlight notable research papers and advanced technologies, and showcase appealing products, major producers, and changes in government regulations. Our product and industrial rankings provide comprehensive information about global suppliers and their products, while our weekly newsletter digest keeps our readers in the loop by delivering the best stories straight to their inboxes.