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Hungarian, Russian Poultry Businesses Sign Deal to Open Goose Farm

27 May 2015

• 27 May 11:19

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A joint venture by Hungarian and Russian partners has been set up with the aim to launch a goose farm in Russia, with the planned investment expected to total up to €17 million, writes Jaroslaw Adamowski. Hungary’s poultry business Hortobágyi Lúdtenyészto Zrt. and Russia’s Ekoferma Zvenyigovo have signed a deal to jointly set up a goose farm in the province of Kirov, western Russia. The agreement was signed by the partners at the Hungarian embassy in Moscow. Under the plan, the joint venture will be established with an initial capital of €2 million. On top of this, a further amount, ranging between €12 million and. Read more...