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Optifood To Invest $45m Into Russian Poultry Complex
RUSSIA - The Optifood poultry producer in Russia says it plans to invest USD45 million in a poultry complex in the Rostov region in southern Russia over the next few years, according to the Interfax news agency.
The complex will comprise 93 hen houses and a poultry processing unit.
Optifood currently operates the Nadezhda and Starostanichnaya poultry farms, which have a total annual production capacity of 30,000 tonnes of poultry meat, in the Rostov region. These plants utilise technologies manufactured by Big Dutchman and VDL Agrotech BV.
Their production capacities are to be expanded in the future. Optifood has recently launched an advertising campaign for its "Kuroyedov" brand poultry products in Russia's Southern Federal District.
Future annual production of this brand will total around 30,000 tonnes. Optifood sold 102,000 tonnes of poultry meat in Russia in 2005, when it recorded total revenues worth USD325 million.
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