ANIF / From Seed to Farm — integrated agricultural supply chain

Context

ANIF and Yeremyan Projects established a joint venture producing feedstock for the group’s agricultural operations.

Objective

Secure inputs and improve resilience of the vertically integrated agricultural supply chain.

Role

ANIF portfolio during Aleksei Veretenov’s tenure as Deputy CEO and Vice President for Strategy and Marketing.

Approach

• Joint venture with a 49% ANIF stake.
• Fodder crops grown on approximately 230 hectares.
• Investment in irrigation, agricultural equipment and production capabilities.

Outcome

The 2022 report recorded more than AMD 1bn in capital expenditure and operational feed production with upgraded equipment.