RUSSIA’S EURODON TO INVEST USD350 MILLION IN BOOSTING LAMB PRODUCTION

Eurodon, one of Russia’s largest turkey producers, is planning to diversify its business through investing up to Russian Roubles RUB20 billion (USD338 million) in the building lamb production units within the country, the company has announced. The risk benefits of expanding its risk portfolio have been made all too apparent in the past year, with Eurodon facing a series of outbreaks of avian influenza, which have helped saddle it with financial losses of RUB2.6 billion (USD44 million). Its lamb production development plans have been confirmed by Eurodon’s ...


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