Singapore Olam International, which became the main owner of the Russian Dairy Company (Rusmolco) in 2012, can buy the remaining 25% from the founder, Naum Babaev. A businessman could lose interest in this business, having decided to focus on his main project - the largest turkey producer Damate.
The Russian Dairy Company (Rusmolco, a joint venture with Singapore-based Olam) plans to commission its dairy plant in the Penza Region worth approximately 4.5 billion rubles in Q4 2020.
Israeli AquaMaof plans to build a complex for the Atlantic salmon cultivation and a plant for the production of fish feed in the Penza Region with a total cost of 4.5 billion rubles. It was reported on Thursday by TASS with reference to the regional governor’s press service.
Regional govenment informs that Pakistani company Zeeruk International is interested in possible participation in construction of binding and costruction materials industrial complex in Penza region.
The government of the Penza region, Technocord and the Chinese COFCO Corporation signed a tripartite Protocol of Intent on mutual cooperation at the Russian Investment Forum in Sochi. It is planned to develop cooperation in the framework of the project on construction of a plant for deep processing of wheat in the city of Serdobsk, reported the press service of the Government of the Penza Region.
A large-scale investment project to launch a paper machine No. 6 with a capacity of up to 40,000 tons per year was made possible thanks to investments in the amount of about 4 billion rubles. The company has created 60 new jobs.