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Booming meat plant to play key role in Russian turkey surge
Globalmeatnews
Cherkizovo Group’s turkey plant, run in a joint venture with Spain’s Grupo Fuertes, hit full capacity this week and company executives hope to double the factory’s throughput.
Meat giant Cherkizovo Group’s vertically integrated turkey facility in Tambov is responsible for around a fifth of the turkey meat produced in Russia, but Cherkizovo chiefs said this could be increased to just under half.
Producing around 50,000 tonnes (t) of turkey meat per year in Tambov, Cherkizovo said its factory has the capacity to reach 100,000t within the next 12 months.
As a whole, Russia produced around 230,000t of turkey meat last year, according to the company.
Big ‘potential’
Its statement of intent comes after the huge facility in south-eastern Russia hit full production capacity five years after Cherkizovo entered into a joint venture with Grupo Fuertes in 2012 to build a scalable turkey plant.
Investment in the factory is close to RUB10.2 billion ($179m) and the firm said it expected any return on investment to take approximately eight years, but it sees huge potential in the plant.
“Turkey meat has great potential on the Russian market and total turkey meat production in Russia was about 230,000t in 2016,”
Cherkizovo Group unveils its exclusive processed meat products
08 june 2023
Cherkizovo Group unveils its exclusive processed meat products
Cherkizovo Group is Russia's largest sausage producer with an assortment of over 200 items, including cooked and smoked sausages, dry sausages and a variety of deli meats under the flagship Cherkizovo and Cherkizovo Premium brands. The Company maintains a strong focus on developing new product recipes to cater to the needs of a diverse customer audience. Today, we will share insights into some of our most highly rated and remarkable products.
Expert RA upgrades Cherkizovo Group’s rating to ruAA-
01 june 2023
Expert RA upgrades Cherkizovo Group’s rating to ruAA-
Cherkizovo Group (MOEX: GCHE), Russia’s largest meat producer, announces that Expert RA has upgraded its credit rating to ruAA- and revised its outlook from positive to stable.
Cherkizovo Group and Smenka complete renovation of school canteens in Russian regions
29 may 2023
Cherkizovo Group and Smenka complete renovation of school canteens in Russian regions
Cherkizovo Group and Smenka, a social initiative and YouTube show, have successfully completed a joint project to renovate school canteens. As a result of this collaboration, three canteens (two in the Penza Region and one in the Altai Territory) got a modern makeover, with schoolchildren now having an opportunity to eat in comfortable facilities and develop healthy eating habits.
Crystal Cherkizovo played volleyball game with kids from UNITY foundation
25 may 2023
Crystal Cherkizovo played volleyball game with kids from UNITY foundation
Crystal Cherkizovo, a volleyball club whose main sponsor is Cherkizovo Group, met children with cancer supported by the UNITY charity foundation to talk about the history of volleyball and play an exhibition game.
