Moscow Times 7 June 2013
The right species of foreign agent can get incentives to prosper and propagate in Russia, as shown by a deal announced Thursday.
A unit of state-controlled lender Sberbank said it agreed to loan 1 billion rubles ($33 million) to an agricultural company for expanding its herd of U.S. bovines.
Owned by Miratorg Agribusiness Holding, the herd of 12,000 meat cows and bulls from Arkansas grazes in the country’s westernmost region of Kaliningrad on the Baltic Sea.
One of Russia’s largest agricultural investors, Miratorg brought in the first shipment of the Aberdeen Angus cattle to the region in December.
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Russia Invests in American Cows
