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Russia - Government to Subsidize RUB74 Billion to Animal Breeders

As of today, the issue on additional financing of projects started in the animal breeding last year is almost decided. The amount which is to be subsidized for these purposes will total to RUB74 billion, Elena Skrynnik, the Minister of Agriculture said.
20 April 2009
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As of today, the issue on additional financing of projects started in the animal breeding last year is almost decided. The amount which is to be subsidized for these purposes will total to RUB74 billion, Elena Skrynnik, the Minister of Agriculture said.

Rosselkhozbank will give credits to the amount of RUB46 billion for completion, reconstruction and reequipment of 331 animal breeding and processing facilities. The corresponding agreement with Sberbank (Savings Bank of Russia) is to be signed this week as well, and it will provide another RUB24 billion.

http://meatrussia.com/news/read?nid=177427

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