News archive
03 January 2019
Miratorg to produce wagyu beef
News -Miratorg, the largest beef producer in Russia, will invest RUB 1 billion ($14.6 million) in the production of wagyu beef. The company plans to breed Japanese wagyu cattle with Aberdeen Angus cattle, in order to produce the high-grade meat with extensive marbling. The wagyu farm will be built in the Kaluga region of Russia. Its expected capacity is...
03 January 2019
Kernel launched the first freight-sharing service in Ukraine
News -Kernel, one of the largest Ukrainian agroholdings and grain traders, has launched the freight-sharing service named Transithub. Transithub is the country’s first online platform that aims to connect a shipper with a carrier. The service offers information on Kernel’s logistic routes by road and rail and enables the companies to negotiate the...
02 January 2019
Ruskom to invest $ 100 million in poultry production
News -Ruskom, the largest producer of turkey meat in the Siberia region of Russia, intends to invest RUB 7.2 billion ($103.7 million) in the construction of a poultry farm in the Tyumen region of Russia. The regional government will co-finance the investment in the amount of RUB 1.5 billion ($21.6 million). By September 2021, the farm is to attain its...
02 January 2019
Donstar lacks working capital
News -Donstar, Russia’s largest duck producer and a subsidiary of Eurodon agroholding, has encountered working capital problems. Currently, the company is negotiating the loan with the Rosselkhozbank to maintain the production level of 30,000 tonnes per year.
During January-September 2018, Donstar produced almost 18,000 tonnes of duck meat. As of...
02 January 2019
Agrosila invested $30 million in business development
News -Agrosila, a vertically integrated agroholding in the Volga region of Russia, engaged in crop and poultry production, invested RUB 2 billion ($ 29.2 million) in business development projects in 2018. In particular, RUB 600 million ($ 8.6 million) were allocated for the development of its poultry production enterprise Chelny Broiler. In 2019,...