Russia

Russian turkey meat producer to expand business into lamb

Lamb

Russia's largest turkey meat producer plans to open a new line of business which will focus on lamb meat production in the Stavropol region after it reached an investment agreement with the regional authorities.

Posted on Dec 02 ,07:34

Russian turkey meat producer to expand business into lamb

The goal of the project is to create a production for fattening and slaughtering sheep with a capacity of up to 15 thousand tons in slaughter weight per year.

The company expects to implement the project in a year and a half.
The project is being implemented within the framework of an investment agreement between the group of companies “Damate” and the Government of the Stavropol Territory.

The investment in the project will amount to 2 billion rubles. These are own funds of the company and borrowed funds of JSC “Rosselkhozbank”.

 NEWSLETTER - Stay informed with the latest news!

Comments





Similar articles

UK

BMPA: Is the meat industry ready for what's coming?

The memo, which brings together insights from professionals representing companies behind over ha...


Read more Read more
UK

DPHA warns that Defra funding offer for Dover port still leaves border ‘largely open’

The department has offered £3.1m for the financial year just started, but this would provid...


Read more Read more
USA

Petaluma Poultry takes legal action to protect the safety and privacy of an associate

A complaint for injunctive relief was filed with the California Superior Court, Sonoma County, af...


Read more Read more
Websolutions by Angular Software and SpiderClass