Sibagro invested $45 million in pork production
19 November 2021
Sibagro a Russia-based agroholding, has launched the third stage of its pig farm in the Novosibirsk region. Now, the facility is expected to raise the annual pork production 50% to 95,000 tonnes. The worth of investments in the third stage of the project is about $45 million. Sibagro wants to supply pork produced at the farm to the nearby Russian regions as well as to Vietnam, Mongolia, Thailand, China.
Market experts assume that Sibagro might soon become Russia’s second largest pork producer.