Volga | Farming, agriculture

Zarechnaya Poultry to cost Cherkizovo over $23m

1 Oct '10
Meat processing company Cherkizovo Group has purchased 100% shares in Zarechnaya Poultry, located in Penza region, for $5.2m and intends to invest another $18m into the poultrys restoration, the company reports.

The purchased poultry complex reportedly consists of 41 birdhouses for 1.55 million broiler heads.

Under plans, the restored poultry complex, with projected annual capacity of 22,500 tons of poultry livestock, is to be put into commission in the Fall of 2011.
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Locations: Penzenskaya oblast

Tags: Cherkizovo (15) / poultry (136) / Cherkizovo Group (1) / Zarechnaya Poultry (0) /

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