Cremonini Group, Italian agricultural holding, is ready to organize a feedlot in the Orenburg Region on the basis of a bankrupt dairy farm, as reported on Tuesday by Luigi Pio Scordamaglia, Director General of Inalca S.P.A. (part of the Cremonini Group) at the meeting with Governor Denis Pasler.
Italian agricultural holding Cremonini Group plans to open a 5,000 head feedlot at the Orenbeef plant in the Orenburg Region. This was announced on Friday in the press service of the Governor and the regional government.
On August 30, Yury Berg, the Governor of the Orenburg Region, and Michael Vogt, the General Director of Vogt Medical GmbH, discussed the production project they plan to implement in the region. In the Russian market, the German company has been supplying products for various fields of medicine for more than ten years now. The investors consider the Orenburg region as a promising area for the future production of consumables. As reported by the press service of the Orenburg region administration, the investors are considering options for arranging production facilities and study details of the project.
A consortium of investors led by the Russian Direct Investment Fund (RDIF) and Inalca (Italiy), one of the leading European manufacturers of meat products, announce a joint investment in the amount of more than 1 billion rubles in the Russian business of the company for the primary production of beef, the RDIF says.
Novotroitsk Chrome Compound Plant in Orenburg Region is arranging new production jointly with a Chinese company in the single-business city of Novotroitsk, the regional government reported to TASS on Tuesday.
Gazprom Neft is conducting negotiations with China’s CNPC over participation in the development of the Eastern section of the Orenburg gas field.