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RusAg to invest in meat processing plant in Stavropol krai

JSC Rosselkhozbank (RusAg) and the government of Stavropol Krai have signed a tripartite cooperation agreement, the bank informed.

The agreement provides for interaction between the parties in building a hi-tech meat processing plant at the APP Stavropolye regional industrial park. The processing plant will employ a complete production chain for meat goods, sausages, delicacies and canned food. With a production capacity will reach 20,000 tonnes per year, the meat processing plant is expected to be launched in the fourth quarter of 2019.

RusAg will invest approximately RUB 2.5 billion in the construction of the new meat processing plant.

Joint stock company Russian Agricultural Bank (JSC Rosselkhozbank / RusAg, tax number: 7725114488) was founded in March 2000 to provide services to agricultural companies. Today, the bank is among the top ten banks of the country. Rosselkhozbank ranks second in the branch network comprising more than 1,500 departments countrywide, more than half of them in minor towns and villages.

The bank's representative offices are operating in Belarus, Kazakhstan, Tajikistan, Azerbaijan and Armenia. The sole shareholder of Rosselhozbank is the Russian Federation represented by the Federal Agency for State Property Management.

RAS net profit of Rosselkhozbank for January-April 2018 was 687 million.

"AK&M", 10.10.2018 18:14


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