Rusagro Group of Companies (ROS AGRO PLC, LSE: AGRO) has announced a decision to build the slaughterhouse in Tambov region
27.07.12In July 2012 the Company made a decision to build the slaughterhouse with meat-processing facility in Tambov region with the capacity up to 1.8 million heads per year.
The slaughterhouse will commence its operations in 2014. The cost of the project will exceed RUR3.5bn. The Company expects to receive governmental subsidies amounting to more than RUR300 mln.
By 2014 the total capacity of Belgorod and Tambov complexes (15 farms) will exceed 220 thousand tons or 2 million heads.
Prepared by:
Sergey Tribunsky
Tel.: +7 495 363 1661
e-mail: ir@rusagrogroup.ru
