Belaya Dacha, Farm Frites in joint venture to supply McDonalds with fries throughout Russia

Agricultural producer Belaya Dacha is ready to begin construction of a factory in the Lipetsk region that will supply french fries to McDonald’s fast food restaurants throughout Russia, Vedomosti reported Friday. Belaya Dacha will work with the European Bank for Reconstruction and Development, which will have 35 percent of the venture, and Dutch potato farmer Farm Frites, which will be a 30 percent partner, the Russian company’s founder Viktor Semyonov said. More than 100 million euros will be invested in the project. The first harvest is planned for 2016, for which 500 to 700 tons of seed will have to be imported from Holland. More