Agrana Expands in Russia

Industrials › Basic Resources ♦ Published: February 23, 2011; 00:07 ♦ (Vindobona)

The Austrian sugar and starch company invests € 27.6m in fast-growing Russian market.

Agrana Expands in Russia / Picture: © AGRANA Beteiligungs-AG

The Fruit segment of the sugar, starch and fruit company Agrana will be investing around € 27.6m over the next five years in the expansion of its fruit preparation plant in Serpuchov, around 100km south of Moscow.

In order to be able to tap the potential of the growing market for fruit preparations in Russia and the CIS states, this expansion project will boost production…

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