Included in the group "Basic element" Oleg Deripaska Agroholding "Kuban" has a good domestic market and is not afraid of Western sanctions, said the Governor of Krasnodar Krai Veniamin Kondratiev.

USA 6 April announced the introduction of sanctions against several Russian officials, businessmen and companies. This list includes the agricultural holding "Kuban".

"I think that any sanctions the agricultural holding is not terrible, because the domestic market is so vast that he is in any case nothing will threaten, whatever sanctions are in relation to the agricultural sector of our economy nor introduced", - the Governor told the correspondent of TASS on the sidelines of the St. Petersburg international economic forum (SPIEF).

Kondratyev also expressed confidence that the position of the agricultural holding "steady enough". "He is stable, feels very competitive, and any threats to the further development, of course, not," - said the head of the region.

Agroholding "Kuban" - one of the largest in the South of Russia, all holding enterprises are located in Krasnodar Krai. The holding includes 10 dairy farms, two pig-breeding complex for 50 thousand and 25 thousand heads, meat processing plant, sugar plant, three grain elevators with a total capacity of over 250 thousand tons, three seed plant, a stud farm "Sunrise". In 2017 the share of export sales of wheat by the holding amounted to 82.5 thousand tons (60% of the total harvest going on sale).

SPIEF is held from 24 to 26 may. The events of the forum the theme "Creating an economy of trust." TASS acts as an information partner and the official host photo Agency forum. In addition, TASS is the operator of the Zone of presentations the SPIEF, with the support of consulting company EY and the Advisory Council on foreign investments in Russia.