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# Bionovatic plans to launch a new enterprise in the Krasnodar region

Publication Date: 2021-07-14T15:00:44-04:00
Last Updated: 2021-07-11T19:16:49-04:00

Author: Andrey Viktorov (https://www.fertilizerdaily.com/author/aviktorov/)

Categories: [Corporate](https://www.fertilizerdaily.com/corporate/), [Markets](https://www.fertilizerdaily.com/markets/)

![Bionovatic plans to launch a new enterprise in the Krasnodar region](https://www.fertilizerdaily.com/wp-content/uploads/2021/07/bacteria-3658992_1920.jpg)

Microbiological products are often more effective than chemical ones.

Bionovatic intends to open a plant for the production of microbiological plant protection products on the territory of the Krasnodar industrial park in 2024.

Bionovatic has earlier signed a cooperation agreement with the government of the Krasnodar region and the administration of the Krasnodar industrial park to implement this project. Bionovatic’s capital investments in the construction and commissioning of the enterprise are estimated at a billion rubles (approximately $13.44 million).

Bionovatic specializes in the production of microbiological plant protection products, supplying them to various agricultural organizations and farmers in Russia.

Tags: [agriculture](https://www.fertilizerdaily.com/tag/agriculture/), [Krasnodar region](https://www.fertilizerdaily.com/tag/krasnodar-region/), [plant protection products](https://www.fertilizerdaily.com/tag/plant-protection-products/)

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