Recently, the Russian Minister of Agriculture, Elena Skrynnik, has said that a subsidy of 74 billion rubles to support new animal production and processing projects is almost decide. Rosselkhozbank will give credits to the amount of RUB 46 billion for the completion, reconstruction and re-equipment of 331 animal breeding and processing facilities. The corresponding agreement with Sberbank (Savings Bank of Russia) is to be signed as well, and it will provide another RUB 24 billion.
According to Federal State Statistics Service's data, per-capita meat consumption in Russia grew 7% in 2008 compared to the previous year, and total meat production was more than 11% higher.
The Federal State Statistics Service's data reported that slaughter cattle and poultry production by farms of all types in Russia was up 6.5% from 2007, to 9.3 mln tonnes. As regard, the slaughter poultry production, Federal Customs Service of the Russian Federation data indicates that it grew 15% in 2008 from 2007 rate and exceeded 3 mln t.
