Russia’s largest agricultural holding has closed its pig farms in the Belgorod region due to “high risks to personnel”
Russia’s largest agricultural holding Rusagro has closed three pig farms in the Belgorod region, which borders Ukraine and has been regularly attacked during the war, Reuters reported.
The company explained the decision by high risks for personnel. The closure of the farms reduced Rusagro’s pork production by about 4% to 141,000 tons in the first quarter.
The company acquired these farms in 2024, hoping to increase pork production and exports.
The deal was made on behalf of the company’s founder, Vadim Moshkovich, who was accused of embezzlement last year in a case related to the acquisition of a large oil and fat producer as part of an expansion of its business in this segment.
Read also
Farmers in Syria are outraged by wheat purchase prices
China has agreed to purchase $17 bln worth of agricultural products from the US an...
India considers raising vegetable oil Import duties to support farmers
Ukraine records attempts to export grain and economically exploit Crimea with the ...
War in Iran accelerated Asia’s transition to biofuels
Write to us
Our manager will contact you soon