August 2, 2011

Miratorg to construct 13 pig farms by 2012

By the end of 2012, Russian holding company Miratorg, a major shareholder in national agriculture, intends to establish 13 new pig farms in the Belgorod and Kursk regions.

Two farms have already been launched in 2011, the company said.

Total investment in the project will exceed RUB20 billion ($721.7 million). As a result, the number of the holding's automated pig farms will increase to 23 by 2013 and their aggregate capacity will exceed 2.5 million pigs per year or 300,000 tonnes of pork in live weight. This is 18.5% of the current industrial pork production in the country.

Last year, Miratorg farms produced 137,600 tonnes of pork.