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alt image

Cherkizovo Group will be strengthened by the acquisition of Voronezhmyasoprom

14 june 2012

Yesterday, Cherkizovo Group announced the acquisition of Voronezhmyasoprom, a set of agricultural assets, “in order to strengthen the vertical integration of the business”. The shareholder of both companies is Igor Babaev. As part of the deal, Cherkizovo Group bought a swine nucleus unit in the Voronezh region (the reproducer of 2.4 thousand sows with a platform for growing 10 thousand heads and a platform feeding on 6.7 thousand heads), an elevator with a storage capacity of 150 thousand tonnes and a land bank of approximately 30 000 ha. The Group also bought an elevator with a capacity of 60 thousand tonnes in the Penza region. The value of the assets is 4.46 billion roubles, including 2.8 billion roubles of debt, which Cherkizovo will take on itself. Payments under the deal will consist of 1.26 billion roubles in cash, along with 795 thousand units of OJSC Cherkizovo Group’s shares.

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Cherkizovo Group unveils its exclusive processed meat products
alt
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
alt
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
alt
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.

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