By Manny Piñol
Monaco-based Russian businessman Igor Malyshkov has firmed up his Coconut Oil and Products Supply agreement last night with the Coconut Industry Investment Fund Oil Mill Group (CIIF-OMG) in a meeting arranged by the Department of Agriculture.
Malyshkov, whose Austria-registered company Arteks Generation has links with a supermarket chain in Eastern Europe with about 15,000 outlets, met with CIIF President Aquilino Trinidad Aquilino, Vice President Mamerto Bernardo, Treasurer and Chief Finance Officer Rosemarie C. Rivera and Export Manager George Z. Banzali at the Sulo Hotel in Quezon City.
The meeting was initiated by the DA with the help of Philippine Coconut Authority (PCA) Officer-in-Charge Glenn Santos.
Malyshkov also met with a technical team which is working on a Banana Plantation Project in Maguindanao Province and officers of a small Oil Palm company which is looking for a partner in setting up a crude palm oil mill.
The CIIF-OMG officials briefed Malyshkov on the line of products which the company could immediately supply and also identified other Coconut Milling and Processing Companies who may be tapped to supply the needed requirements for the Eastern European market.
Tomorrow, Malyshkov will travel to Mulanay, Quezon to inspect a mothballed Southern Luzon Coconut Oil Mill and to the San Pablo Oil Mill in Batangas, which produces Coconut Oil products under the Minola brand name.
Malyshkov said he will consider leasing the mothballed oil milling facility in anticipation of a huge demand for Coconut products once it is introduced to Eastern European consumers.
“This is a totally new and unexplored market for coconut products where consumers are getting more health conscious,” Malyshkov said.
Malyshkov, who also represents Moscow-based banana corporation BANEX, said he is also finalising a banana supply agreement with small banana growers while at the same time laying the ground work the establishment of a 7,000-hectare banana plantation in the Bangsamoro Area.
(Photos show happy faces of people who see hope for the coconut farmers during the meeting last night at the Sulo Hotel in Quezon City. Last photo was downloaded from Igor Malyshkov’s Facebook page showing him with the Tibetan Dalai Lama. Malyshkov, who owns a football club and a golf course, is a practising Buddhist and a friend of the Dalai Lama.)
More Stories
Building North Cotabato’s Soybeans Industry To Support Poultry, Livestock, Aquaculture & Halal Beef Production Program!
Thank You, Dado, Alamada Vegetable Farmers!
1st Batch Of Spanish Goats Arriving End Of April!