Monday, January 30, 2012

Olam to invest $628m in Russia dairy sector-paper

Olam International, an integrated supply chain manager and processor of agricultural products and food ingredients, may invest up to US$500 ($628 million) million in Russia’s dairy sector, the business daily Vedomosti reported on Monday. reported Reuters.
 
The newspaper, citing agriculture ministry sources, said that Singapore-based Olam may invest from US$400 million to US$500 million within three to five years into developing dairy farms through the Russian company Rusmolco.
 

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