June 4, 2008

Belgrankorm to invest US$9 million to increase meat production
   

Russian company Belgrankorm LLC is to invest RUB215 million (US$9 million) to expand its pork and poultry production capacity.

The expansion will increase poultry production from 120,000 tonnes to 185,000 tonnes in 2009 while pork production will rise from 24,000 tonnes to 40,000 tonnes.

Belgrankorm plans to construct a poultry farm with a capacity of 45,000 tonnes and a compound feedstuff plant in the Novgorod region, according to a report by the Vedomosti newspaper.