Russia

Miratorg to invest $22.4 million in expanding its pork production

Pork

Miratorg, one of the largest pork producers in Russia, plans to invest 1.5 billion rubles ($22.46 million) to expand its pork production in the Pristenskiy district of the Kursk region.

Posted on Aug 14 ,13:12

Miratorg to invest $22.4 million in expanding its pork production

The company will build a new site with a production capacity of 12,000 tons of pork per year that will launch its operations starting with 2019.

Miratorg is implementing a large-scale project of doubling the existing capacities of the pig-breeding division to 1 million tons of live weight per year. Miratorg is building a vertically integrated production that includes a crop division, feed mills, livestock farms and the largest slaughter and processing plant from Russia in the Chernitsyno village of the Kursk region.

"Investments in new production facilities are, first of all, investing in creating new jobs. At the Kursk assets of the holding already employs more than 800 employees - we are the largest employer in the agricultural sector of the region. The new farm plans to employ about 52 people, mostly rural residents from nearby settlements. The staff of the pig-breeding area will be provided with stable work, social guarantees and decent wages on average higher than in the region and the industry. Employees of Miratorg are also provided with the delivery by corporate transport to work places, overalls and food at production facilities, " Miratorg's press service commented.

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