On Thursday the Russian Dairy Company (Rusmolco, subsidiary of Olam International, Singapore) has opened the first line of the dairy unit designed for the milking herd of 5,200 heads of cattle in the Serdobsky district of the Penza region, the Rusmolco press office reported on Thursday.
Hochland Russland is modernizing a soft and processed cheeses plant in Penza region. Investments in the project will amount to 1.5 billion Russian rubles.
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.
Modernization of the Belinsky Cheese Factory in the Penza region is nearing its completion, the press office of the regional government reported on Tuesday, citing the head of the Russian representative office of the German cheese producer, Hochland.
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.