You searched for "weak rouble" (1 results found)

Russian meat firm Miratorg expects weak rouble to help triple sales

20 Apr 2016

• 20 Apr 10:03

---

Russian meat producer Miratorg plans to launch new business lines, boost exports and triple sales within five years as the weaker rouble makes it more competitive locally and abroad, its co-owner and President Viktor Linnik told Reuters. Russia's biggest producer of pork and beef, Miratorg is among the winners from Russia's restrictions on European and U.S. meat imports imposed in retaliation against Western sanctions over Moscow's role in the Ukraine conflict. "Now that the rouble is worth what it should be, any production in Russia has become much more profitable," Linnik, who founded and owns Miratorg together with his brother, Alexander, told. Read more...