Agrosila to invest $68 million in new projects in 2021
07 January 2021
Agrosila, a Russia-based agroholding, announced its investment plans for 2021. In particular, the company wants to invest $5 million in modernization of its sugar plant. This way, Agrosila expects to raise daily sugar production from 7,500 to 8,200 tonnes. Also, the company plans to continue digitization of business processes, start production of premixes and brined cheese, and construct a new dairy farm for 4,500 cows. In total, Agrosila wants to invest up to $68 million in business development projects in 2021. Agrosila operates 330,000 hectares of farmland.