February 20, 2012

Russia's BEZRK-Belgrankorm spokesperson said Friday (Feb 17) that it plans to invest over RUB2.5 billion (US$83.9 million) in raising poultry production by 19% and pork by 60% on the year in 2012.

The current share of poultry production amounts to 76.5%, pork to 13.2%, the remaining production accounts for milk, sausages and other related products. Approximately the same proportion is expected to remain after the expansion of production capacity, planned for 2012.

"We plan to build six typical units at the Rakitnoe-1 production capacity and five at the Yasnozorinskoe," the spokesperson said.

Thanks to the construction and the use of new technologies, the company plans to increase poultry output by nearly 40,000 tonnes to 239,500 tonnes, the spokesperson added.

BEZRK-Belgrankorm is also to construct new facilities to increase pork production to 45,000 tonnes from 28,200 tonnes.