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.
Kommersant business daily has released yet another annual Top 1,000 Russian Managers ranking compiled by the Russian Managers Association. This time, four Cherkizovo Group executives made it to the top: Oleg Zakov, Director at Cherkizovo Trade House; Irina Kim, Ready Meals Marketing Director; Natalya Klepikova, Head of Government Relations; and Evgeny Subbotin, Director for Procurement, Logistics, and Supplies.
Cherkizovo Group, Russia’s largest meat producer, continues to expand the product portfolio of its flagship brand of the same name.
Anastasia Mikhailova, Head of Communications at Cherkizovo Group, took part in an open conference on the role of climate regulation in the competitiveness of Russian agricultural products. In her presentation, she talked about the Company's contribution to reducing greenhouse gas (GHG) emissions.
Cherkizovo Group, Russia’s largest meat producer, took part in the Exchange Yard agricultural and machinery exhibition for the first time. We offered our best products for tasting and shared our plans to grow business in the region.