Eurodon’s relaunch estimated at $ 120 million.
19 August 2019
Eurodon, Russia’s former second largest turkey producer is in search for investors. The company has recently failed to fulfil its financial obligations and is currently under control of Vneshekonombank. The cost of relaunch of Eurodon’s production capacities is estimated at $ 120 million. Suspension of Eurodon’s operations has reportedly resulted in a decrease of agricultural production in the Rostov region by 14% in the first half of 2019, as reported by local authorities. Cherkizovo, Resurs and Damate have expressed interest in the acquisition of Eurodon.