Russian Dairy Company (Rusmolko, a subsidiary of Singapore's Olam International) has started growing malting barley in the Penza region, the company says.
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.
The Russian subsidiary of the German cheese producer Hochland, Hochland Russland, has launched, after modernization, the cheese production at its plant in the Belinsky district of the Penza Region, the press service of the Regional Government reports. Within three years, the company invested RUB 1.85 billion, which were used to re-equip the production shop and increase the enterprise capacity — it is designed to produce 6 thousand tons of products per year. Raw materials are purchased from local producers.
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.