The Vietnamese TH Group will establish a dairy complex in Bashkiria including a farm and a dairy processing plant, the implementation of the investment project has started already. Ngo Đức Mạnh, the ambassador of the Socialist Republic of Vietnam in Russia, told about it on Monday during his first working visit to a constituent subject of the Russian Federation.
US biotech major Amgen (Nasdaq: AMGN) has announced its plans to establish the production of its antitumor drug blinatumomab at the facilities of Russian Pharmstandard next year, according to the companies, reports The Pharma Letter’s local correspondent.
The Concern Intel Co Holding (Neral Company Group), owning 100% of shares in the Belebey Dairy, intends to sell the majority stake to the French Sevencia Fromage & Dairy Company Group. This information has been disclosed by the Dairy’s press service. The relevant letter of intent was signed by Ernst Isaev, the President of the Neral Company Group, and Alex Bongrain, the President of the French Company Group.
The EcoNiva Agriholding, the largest dairy producer in Russia, founded by Stefan Dürr, a German businessman, intends to establish three dairy complexes in Bashkiria for 11.6 thousand cows. The group estimates the investments in the project to amount to RUB 7.6 bln. In future, EcoNiva may consider construction of processing facilities but now they intend to sell milk to the local processor, the Belebeevsky Dairy Combine that came under control of the French cheese producer Savencia Fromage & Dairy in the beginning of the year.
The list of the Bashkortostan priority investment projects has been added with two facilities with a total amount of investment of about 1.5 billion rubles and 168 new jobs.
The capital of Bashkortostan launched a new shop of Witzenmann Russia, a Russian-German joint stock venture. The Company participates in the campaign “100 Investment Projects to the 100th Anniversary of the Republic of Bashkortostan”. The site of 1,480 sq. meters will host the production of compensators with a diameter of 1,200-3,000 mm for use in the petroleum, petrochemical, metallurgical, energy (thermal and nuclear power engineering) industries, as reported by the Capital’s administration.