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Cherkizovo Group increased sales of poultry meat by 34% in the first half of 2012
Cherkizovo Group, Russia’s largest meat processor, increased sales of poultry meat in the first half of 2012 by 34% to 158,345 tonnes in carcass weight, the company said on Thursday.
Prices for poultry meat increased by 3% to 71.79 roubles per kilogram. Sales in the Pork division increased by 14% to 46.8 thousand tonnes for the first half of the year with an increase in prices of 5% to 81.32 roubles per kilogram. Sales in Meat Processing fell by 11% to 62.1 thousand tonnes due to inefficient capacities in the South of the Russian Federation. Meat Processing and poultry farming are the main sources of revenue for Cherkizovo Group.
Earlier, CEO of Cherkizovo Group Sergey Mikhailov told Reuters that for the year 2012 the company expects to increase production to approximately 310,000 tonnes, in the Poultry segment to 260,200 tonnes on (+19% on 2011), Pork to 120,000 thousand tonnes (+31% on 2011). In Meat Processing production Cherkizovo will amount to about 141 thousand tonnes (-3% on 2011).
The Group consists of seven of meat-processing plants, seven poultry complexes for the manufacture and processing of poultry meat, ten large pig farms and three combined fodder plants. The owners of the Group are businessmen Igor Babaev and his family.
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.
Cherkizovo Group unveils prospects for halal product exports
23 may 2023
Cherkizovo Group unveils prospects for halal product exports
Cherkizovo Group, Russia's largest meat producer, took part in the business program of the Russia – Islamic World: KazanForum, the key platform for economic cooperation between Russia and Muslim countries. The Company shared its vision of opportunities to expand halal product exports to the CIS and beyond.
