+44 207 394 30 90 (London)

Vostock Capital

Privacy Policy and Cookie Policy for Website

25/05/2018

1.Introduction

This is our privacy policy. It tells you how we collect and process data received from you on our site.Please read the following carefully to understand our views and practices regarding your personal data and how we will treat it.

If you have any comments on this privacy policy, please email them to events@vostockcapital.com.

2.Who We Are

Here are the details that the Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016 on the protection of natural persons with regards to the processing of personal data and on the free movement of such data, known as General Data Protection Regulation (GDPR)says we have to give you as a ‘data controller’:

3.What we may collect

We may collect and process the following data about you:

Under GDPR we will ensure that your personal data is processed lawfully, fairly, and transparently, without adversely affecting your rights. We will only process your personal data if at least one of the following basis applies:

  1. a) you have given consent to the processing of your personal data for one or more specific purposes;
  2. b) processing is necessary for the performance of a contract to which you are a party or in order to take steps at the request of you prior to entering into a contract;
  3. c) processing is necessary for compliance with a legal obligation to which we are subject;
  4. d) processing is necessary to protect the vital interests of you or of another natural person;
  5. e) processing is necessary for the performance of a task carried out in the public interest or in the exercise of official authority vested in the controller; and/or
  6. f) processing is necessary for the purposes of the legitimate interests pursued by us or by a third party such as our credit card payment processing, except where such interests          are overridden by the fundamental rights and freedoms of the data subject which      require protection of personal data, in particular where the data subject is a child.

4.Cookies

[All Cookies used by and on our website are used in accordance with current English and EU Cookie Law.]

The site uses cookies or similar technology to collect information about your access to the site. Cookies are pieces of information that include a unique reference code that a website transfers to your device to store and sometimes track information about you.

A few of the cookies we use last only for the duration of your web session and expire when you close your browser. Other cookies are used to remember you when you return to the site and will last for longer.

All cookies used on our site are set by us.

Most computer and some mobile web browsers automatically accept cookies but, if you prefer, you can change your browser to prevent that or to notify you each time a cookie is set. You can prevent the setting of cookies by adjusting the settings on your browser. Please note however, that by blocking or deleting cookies you may not be able to take full advantage of the site.

Our cookies will be used for:

Essential session management

Functionality

Performance and measurement

OR

[We use cookies to distinguish users and improve our site. Please look at our Cookie Policy for more cookie information.]

5.How we use what we collect

We use information about you to:

If you are already our customer, we will only contact you electronically about things similar to what was previously sold to you.

If you are a new customer, you will only be contacted if you agree to it.

If you don’t want to be contacted for marketing purposes, please tick the relevant box that you will find on screen.

Please note: We don’t identify individuals to our advertisers, but we do give them aggregate information to help them reach their target audience, and we may use information we have collected to display advertisements to that audience.

In addition, if you don’t want us to use your personal data for any of the other reasons set out in this section in 5, you can let us know at any time by contacting us at events@vostockcapital.com, and we will delete your data from our systems. However, you acknowledge this will limit our ability to provide the best possible services to you.

In some cases, the collection of personal data may be a statutory or contractual requirement, and we will be limited in the services we can provide you if you don’t provide your personal data in these cases.

6.Where we store your data

We may transfer your collected data to storage outside the European Economic Area (EEA). It may be processed outside the EEA to fulfil your order and deal with payment.

By giving us your personal data, you agree to this arrangement. We will do what we reasonably can to keep your data secure.

Payment will be encrypted. If we give you a password, you must keep it confidential. Please don’t share it. Although we try to provide protection, we cannot guarantee complete security for your data, and you take the risk that any sending of that data turns out to be not secure despite our efforts.

We only keep your personal data for as long as we need to in order to use it as described above in section 5, and/or for as long as we have your permission to keep it. In any event, we will conduct an review to ascertain whether we need to keep your personal data. Your personal data will be deleted if we no longer need it.

7.Disclosing your information

We are allowed to disclose your information in the following cases:

We may contract with third parties to supply services to you on our behalf. These may include payment processing, search engine facilities, advertising and marketing. In some cases, the third parties may require access to some or all of your data. These are the third parties that have access to your information:

Yandex.ru, Google.com

Where any of your data is required for such a purpose, we will take all reasonable steps to ensure that your data will be handled safely, securely, and in accordance with your rights, our obligations, and the obligations of the third party under GDPR and the law.

8.Your rights

You can ask us not to use your data for marketing. You can do this by ticking the relevant boxes on our forms, or by contacting us at any time at: Unit C, Toronto House, Surrey Quays Road, London, SE16 7AJ or by email: events@vostockcapital.com.

Under the GDPR, you have the right to:

You also have rights with respect to automated decision-making and profiling as set out in section 11 below.

To enforce any of the foregoing rights or if you have any other questions about our site or this Privacy Policy, please contact us at events@vostockcapital.com.

9.Links to other sites

Please note that our terms and conditions and our policies will not apply to other websites that you get to via a link from our site. We have no control over how your data is collected, stored or used by other websites and we advise you to check the privacy policies of any such websites before providing any data to them.

10.Changes

If we change our Privacy Policy, we will post the changes on this page. If we decide to, we may also email you.

11.Automated Decision-Making and Profiling

11.1       In the event that we use personal data for the purposes of automated decision-making and those decisions have a legal (or similarly significant effect) on you, you have the right to challenge to such decisions under GDPR, requesting human intervention, expressing their own point of view, and obtaining an explanation of the decision from us.

11.2       The right described in section 11.1 does not apply in the following circumstances:

  1. a) the decision is necessary for the entry into, or performance of, a contract between the you and us;
  2. b) the decision is authorised by law; or
  3. c) you have given you explicit consent.

11.3       Where we use your personal data for profiling purposes, the following shall apply:

  1. a) Clear information explaining the profiling will be provided, including its significance and the likely consequences;
  2. b) Appropriate mathematical or statistical procedures will be used;
  3. c) Technical and organisational measures necessary to minimise the risk of errors and to enable such errors to be easily corrected shall be implemented; and
  4. d) All personal data processed for profiling purposes shall be secured in order to prevent discriminatory effects arising out of profiling.

12.Dispute Resolution

12.1 The Parties will use their best efforts to negotiate in good faith and settle any dispute that may arise out of or relate to this Privacy Policy or any breach of it.

12.2 If any such dispute cannot be settled amicably through ordinary negotiations between the parties, or either or both is or are unwilling to engage in this process, either party may propose to the other in writing that structured negotiations be entered into with the assistance of a fully accredited mediator before resorting to litigation.

12.3 If the parties are unable to agree upon a mediator, or if the mediator agreed upon is unable or unwilling to act and an alternative mediator cannot be agreed, any party may within 14 days of the date of knowledge of either event apply to LawBite to appoint a mediator under the LawBite Mediation Procedure.

12.4 Within 14 days of the appointment of the mediator (either by mutual agreement of the parties or by LawBite in accordance with their mediation procedure), the parties will meet with the mediator to agree the procedure to be adopted for the mediation, unless otherwise agreed between the parties and the mediator.

12.5 All negotiations connected with the relevant dispute(s) will be conducted in confidence and without prejudice to the rights of the parties in any further proceedings.

12.6 If the parties agree on a resolution of the dispute at mediation, the agreement shall be reduced to writing and, once signed by the duly authorised representatives of both parties, shall be final and binding on them.

12.7 If the parties fail to resolve the dispute(s) within 60 days (or such longer term as may be agreed between the parties) of the mediator being appointed, or if either party withdraws from the mediation procedure, then either party may exercise any right to seek a remedy through arbitration by an arbitrator to be appointed by LawBite under the Rules of the LawBite Arbitration Scheme.

12.8 Any dispute shall not affect the parties’ongoing obligations under this Privacy Policy.

Marat Zolin

Deputy General Director for Development, AGROSILA

“One of the options for the development of the industry could be the establishment of agrondustrial parks”.

The main challenges of food processing and storage industry, as well as the key goals to address them are related mainly to the scarcity of dedicated facilities.

For instance, as for grain storage, there a number of problems exist: shortage of storage facilities across the country, high differentiation of storage facilities by regions and their depreciation as well. The average period under operation is 40-50 years, say the experts. That is why, the investment in silos and other facilites for grain storage and processing is extremely important.

The investments in such assets have long payback period. We cannot wait any positive changes in that field without government support rendered. The construction of logistics centers within the framework of minagri’s support programme won’t change the situation.

One of the development options could be the establishment of agroindustrial parks. However, to date, there are no support granted for their development. Boosting and fostering food processing and storage within such parks could influence positively on production growth and agroindustrial complex viability.

Emilia Zeer

Sales Director, Razdolie

The main objective now waiting to be accomplished in the field of processing and storage of agri-produce is the development of production technologies, because production, storage, and processing is a single technological process. This interaction requires integrated approach and paying attention to the specific features of its every constituent. The development of production technology entails the necessity to address the challenges related to production infrastructure of the entire process. This is achieved through national support programmes on production upgrade and national machine-building development. Addressing these challenges will enable the enhancement of quality and minimisation of losses due to the increased efficiency of storage technologies, which will further lead to business viability.

Eldar Usmanov

Logistics Director, PRODO Management

All producers in Russia encountered the necessity to review the logistics schemes which had been applicable before. That happens because of changing sales structure. The dynamics of “per unit” indicators gives reasons to start seeking new unconventional solutions. The competition on the shelf is growing, attracting client’s attention is becoming costlier. Moreover, you must develop logistics infrastructure at the same time. That is why, the core objectives of the industry are the development of ZPL-providing in “cold chain”, collaboration of producers, and comprehensive integration of FMCG food producers to federal and local retail chains. All these have the potential to become drivers of producers and retailers’ economic efficiency in current economic setting.

Viktor Andreev

General Director, Magistral Logistics Centre

The key objective of processing and storage industry is the establishment and development of a logistics center chain and industrial logistics complex offering a wide range of services (acceptance, treatment, packaging, storage, processing, and sales).

As I have already mentioned in my speeches, each agri-producer should have an opportunity to have his product treated, stored, processed, and sold professionally. That’s where the problem appears: the emerging logistics centers now are literally logistics complexes offering the lease of refrigerators and controlled atmosphere chambers.

Thus, the next problem comes out, which can be also considered as industry objective: close cooperation of local producers and logistics centers’ managers is required – the main growth driver is the producer, and a logistics center must provide the conditions for food treatment, processing, and storage.

And the third objective, which can be considered as future challenge: the unified standard of business-processes. Logistics centers are designed to distribute food produced by local farmers and to satisfy the consumers’ demand. Northern territories of Russia are affected by the scarcity of fruit. That is why, a logistics center in the south is to have the opportunity to supply the product to the logistics center located in the north.

In my opinion, addressing the third problem will lead to the solution of the first one.

We now prioritize the construction of a logistics center in the Magaramkentsky district of the Dagestan republic. The project fits the resources we have: our operating logistics center called Magistral located in the Tosnensky district of the Leningrad region has all the resources needed for storage and

distribution of food. Pre-sale preparation, treatment, and processing will be conducted at YuzhDagMagistral. That is the location in the south of Russia where 60% of products of the Dagestan republic is produced.

Inna Rykova

Director of Sectorial Economics, Financial Research Institute of the Ministry of Finance of the Russian Federation

Among key issues to be addressed in the field of agrologistics:

1. Optimisation of transportation logistics, i.e. the haul distance should not be longer than 400 km by motor roads, thus motorways of high quality are required; processing and storage facilities should be located not far from the main transport network.

2. Availability of regular suppliers/consumers with the share not exceeding 5%;

3. Adoption of advanced systems for treatment, storage, and conditioning, including drying, cleaning, shock freezing, packaging. Availability of managerial staff and digital management.