On July 25, 2017 was signed cooperation agreement between the ZAVCOM group of companies and Chinese Corporation COFCO. COFCO Corporation was founded in 1949. It is included in the list of 500 largest companies of the world and heads top-100 food enterprises of China. The value of the corporation's assets is estimated at $ 72 billion.
The structure of the holding includes dozens of enterprises for the cultivation and processing of food crops, as well as research institutes.
The agreement was signed by the head of the Chinese delegation — COFCO ET CEO Mr. Yao and a member of the Board of Directors of GC ZAVKOM, director of foreign economic activities of JSC ZAVKOM — Maxim Tkachev.
The agreement includes cooperation in the field of deep processing of wheat and maize, oil and fat industry, systems for receiving and storing grain, etc.
