PKB Corporation to open nearly EUR 4 million worth of contemporary cow farm until year's end

- PKB plans to open another contemporary cow farm, with about 2,500 heads of cattle, until the year's end and invest between 3.5 and 4 million euros in it - Rajko Mandic, CEO of this Belgrade-based corporation, announced to eKapija.

- With the same number of cows as in 2010, PKB boosted the production of milk in 2011 by 5%, and we expect the production to grow even more in the following period - Mandic added.

As he explained, the company, which has entered a restructuring process, is currently procuring new machines worth about EUR 3 million in order to improve its operations and increase revenues.