June 2, 2008

Russian-US joint venture to invest RUB300 million for poultry farm
   

Russian-US joint venture Agrodom Severny is planning to invest RUB$300 million (US$12.6 million) for the construction of a poultry farm in Karelia, northwest Russia.

Agrodom Severny plans to establish a sales network and stock list of products through the processing of poultry and eggs.

The farm will be located in Pryazha and Kondopoga districts with the project design currently in discussion and implementation time will be decided later.