16 Oct '09
Agricultural firm Georgiyevskaya intends to build a plant to process artichoke in Stavropol region, Interfax reports.
Investment in the project has yet to be disclosed.
The project is reportedly co-financed by German consulting firm Obermeyer Planen + Beraten GmbH. Under plans, part of the funding is to be raised from state corporation Rusnano.
The plant, with projected annual capacity of 40,000 tons of processes artichoke, is located in the town of Georgiyevsk.
Under the project, the plant is to process artichoke and produce inulin, pectin, fructose-glucose syrups, dietary fibers and inulin and pectin containing juices.
Construction of the plant has started, further timeframes for the project have yet to be announced.