Greeks to launch dairy production in Nizhny Novgorod Region

A Greek company intends to produce cheese,     yogurts and ice cream in the Nizhny Novgorod Region. This was reported by the Press Office of the Regional Ministry of Investments, Land and Property Relations.

Greeks to launch dairy production in Nizhny Novgorod Region

A Greek company intends to produce cheese, yogurts and ice cream in the Nizhny Novgorod Region. This was reported by the Press Office of the Regional Ministry of Investments, Land and Property Relations. The investor, Chairman of the Moscow CCI's Commission for Foreign Economic Cooperation with Greek Partners Konstantin Anastasiadis and representatives of the Ministry inspected several sites which are capable of accommodating the dairy facility project. Such sites include LLC Svetloyarskoye and Karmen Peasant Farm Enterprise operating in the Voskresensk District, Nizhny Novgorod Region. The Ministry is yet to disclose the name of the Greek partner. However, according to regional mass media, the name of the investor is Great Food. We note that according to the Nizhny Novgorod State Statistics Committee, total investments raised into the Nizhny Novgorod Region have increased almost four times since 2005 and at the end of the last year was RUB 229 billion.