September 5, 2008
Russian company to invest in poultry plant
St Petersburg-based agribusiness Rubezh plans to invest about RUB 800 million (US$31.4 million) for the modernisation of the Pervomaiskaya poultry facility in the Pskov Region in northwest Russia.
Rubezh said the money would be used for construction and assembly as well as for the purchase of modern high technology equipment and vehicles.
The facility has the potential to grow into one of the largest poultry producers in Russia's northwest after it reaches its output capacity of 12,000 tonnes of meat per year.
