Global meat players including Germany’s Tönnies and Denmark’s Idavang are planning to invest heavily in major Russian projects. Government officials claim the scale of Russia’s 144 mill. population could be overcoming reluctance from overseas companies to develop operations in Russia because of its economic recession and sanctions. Tönnies plans to invest up to $95 mill., building the first stage of a slaughterhouse complex in the Belgorod region (Oblast) in southern Russia. According to the company, the new slaughterhouse will have the capacity to process up to 728,000 head of pigs a year, making it one of the largest. Read more...
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