At the St. Petersburg economic forum development Corporation of the Republic of Crimea has signed a Memorandum with "Wine Country" on the establishment of agricultural enterprise for growing of grapes for the amount of RUB 1 billion, according to the materials of the website of the company.

Document reglamentary cooperation of the parties in the implementation of the project, the Corporation will select the Krasnodar company land area of not less than 500 hectares on the territory of agro-industrial Park "Veresaevo".

The implementation period of the project defined five years, the company will create about 100 jobs.

Photo: golospravdy.com