Russian agricultural giant Rusagro stands to become the country’s largest dairy producer with a planned investment of $1bn, Vedomosti reported on February 28, citing an announcement by the company’s main owner Vadim Moshkovich at the Russian Investment Forum on Sochi. The expansion would increase Russia’s current milk production by a full 2 per cent. 100,000 cows will needed to fill the company’s shipments to China, South Korea, Japan and across Russia. To keep up with production, a freshly-filled milk truck will depart the dairy operation every 30-40 minutes. Rusagro’s 3rd quarter sales last year hit $815 million.
