FBD: German TonniesFleisch plans to invest $600 millions in Russian pork operations

by Eugene Vorotnikov FoodBizDaily.com Moscow

November 25 2009 - German TonniesFleisch, the second-largest producer of chilled meat in Europe, is still considering the possibility of investing more than $600 millions in the construction  of its giant pork processing complex in the Voronezh region of Russia.

According to Russian media quoting the head of TonniesFleisch Clemens Tonnies the production capacity of the new plant may exceed 3 millions of heads per year.

"The total capacity of our pig farms in the Voronezh region will exceed 3 million hogs per year and there is also a forage base that will be established. As soon as we come closer to the production of 2 million hogs per year, it will be possible to talk about the construction of a processing enterprise in the region with a cost of 400 million euros," said Tennies.

The preliminary investment agreement between the parties was reached in April 2009 however there were some delays in the realization of the project due to the recession.

It is expected that most of the funds will be provided by some leading Russian banks including the Savings Bank however there has been no official confirmation. TonniesFleisch have already had some projects in Russia.

Currently the company is continuing to develop a large piggery in the Belgorod region with the capacity to process 30,000-33,000 tons of pork meat in live weight.

FoodBizIntel®

B.&C.Tönnies Fleischwerk GmbH & Co. KG
Address: In der Mark 2 33378 Rheda-Wiedenbrück Germany
Telephone: +49 5242 961 - 0
Fax: +49 5242 961 - 135
Email : n/a

About B.&C.Tönnies Fleischwerk GmbH & Co. KG

TönniesFleisch is recognised by its flawless service. Our customers benefit around the clock from freshly cut meat for further processing, serving counters and self-service shelves. Two logistics terminals, equipped with the latest cooling technology, for fresh self-service meat as well as frozen items ensure compliance with the chill chain and guarantee a continuous high standard of fresh or frozen meat. Equipped with state-of-the-art communication technology and logistics, the Tönnies team cares for customers in Germany, Europe and the rest of the world. In TönniesFleisch offices across Europe, competent employees are on hand to provide fantastic levels of service. High levels of specialist knowledge, short lead times and accessibility, as well as our own customs office ensure your precious time is saved.

Print | posted on Wednesday, November 25, 2009 12:28 PM

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