Baltlogistics.Com, one of Russia’s largest logistics, distribution and merchandising firms, will invest nearly seven million euros in construction of a rabbit farm in the Moscow region, MITS investment firm, which sold the land for the farm, said on Monday.
The 12.5 hectare land site with flat terrain and convenient transport access is located in the Orudiyevo logistics park. The rabbit farm construction will help to create an agribusiness cluster in the area, MITS said in a statement.
“It was not easy to find a favorably located and properly registered area [in the region]. The acquired land will allow us implementing an interesting commercial project,” Baltlogistics partner Igor Laidinen was quoted in the statement as saying.
“The land sites in the Orudiyevo area have a significant potential in a price increase due to supply shortage of land for industrial use [in the region] and a general upward trend [of higher prices] for land in the Moscow region,” Olga Korobova, head of the corporate development department in MITS, said.