Russian Uralbroiler intends to invest US$36 million in reconstruction of recently purchased Platoshinskaya poultry farm based in Perm region, according to reports.

Under the plan, the new owner is to build a nucleus to produce broiler chicken eggs. A total of 36 new boxes are to be built under the project.

The project is scheduled to be carried out within 14 months. Broiler production is reportedly to be stopped at the factory.

Meanwhile, the company has invested RUB770 million (US$27.7 million) into the construction of an animal feed plant in Chelyabinsk Region. The plant's annual production capacity is 240,000 tonnes of feed. The launch of this plant is to help Uralbroiler increase poultry production by 60% on the year to 80,000 tonnes in 2011.