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RSS FeedsRDIF and Italy´s Inalca announce joint investments in Russian beef production industry
(WorldNews Italy)

 
 

12 june 2019 00:14:44

 
RDIF and Italy´s Inalca announce joint investments in Russian beef production industry
(WorldNews Italy)
 


Press release RDIF and Italy`s Inalca announce joint investments in Russian beef production industry https://rdif.ru/Eng_fullNews/4106/ Saint-Petersburg, June 6, 2019 - A consortium of investors led by the Russian Direct Investment Fund (RDIF), Russia`s sovereign wealth fund, and a leading European meat producer Inalca announce a joint investment totaling over RUB1bn into the company`s Russian primary beef production operations. In 2014, Inalca opened an integrated plant `Orenbeef` in the Orenburg region, producing chilled and frozen meat products. The agreement sets out that RDIF together with its co-investors will receive a stake in Orenbeef. The company plans to use the proceeds for...


 
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