You're reading: Rosan-Agro to invest Hr 8 million in production and distribution in 2013

Ivano-Frankivsk – The Rosan-Agro agro-industrial company (Pidhoroddia, Ivano-Frankivsk region) plans to invest UAH 8 million in the development of production and distribution in 2013.

“Our plans for 2013, which we’ve presented to our Polish owners, include Hr 8 million or $1 million in investment into the improvement of conditions in the farrowing building, the creation of an internal genetic animal multiplication system, improvement of the conditions for fattening at the final stage, reduction of emissions, improvement of energy saving and increase of the production effectiveness,” Rosan-Agro Director General Serhiy Mamchych said at a press conference in Rohatyn on March 9, 2013.

“Now we’re designing a concept of increasing the production capacity of the meat factory via new projects – this is the canned meat production, and an increase in pig slaughtering and processing. We’re seriously looking towards the increase in the number of our shops,” the director said.

He said that in coming years the company does not plan global investment in new projects. It will develop production facilities using current reserves.

He said that since 1999, Hr 260 million or over $50 million has been invested into the development of Rosan-Agro.

Rosan-Agro, a pig breeder and pork producer, was founded in July 1999 by Canada’s Rosan Corporation.

The limited liability company includes two pig farms, and two subsidiaries – Rosana meat processing complex and Rosana trade house.

In May 2007, PKM Duda, the shares of which are listed on the Warsaw Stock Exchange (WSE), acquired 100% in Rosan-Agro LLC for PLN 16 million (around $5.8 million).