Cherkizovo Group, a vertically integrated agro-industrial company, has resumed its additional share issue which had been suspended since October 12, 2011, after the Federal Financial Markets Service registered unspecified changes in the decision on the additional issue. As reported earlier, in May 2011, Cherkizovo's shareholders had decided to upsize the company's share capital by 3.95% to RUB 447,280 (approx. USD 14,650) by placing 1.7m shares with a market value of RUB 854.8 (approx. USD 27.7) per share. The company's shareholders did not exercise their preemptive right to purchase the issued shares. Part of the proceeds raised during the issue will go towards financing the purchase of Mosselprom poultry plant.
Cherkizovo Group’s chicken and turkey products have once again been awarded the annual Product of the Year title, with flagship brands Petelinka and Pava-Pava winning two categories of the award.
Cherkizovo Group, Russia's largest meat producer, is taking part in Our Brand, an international food festival in Ufa. The Company showcased its products during a tasting session at its stand.
Cherkizovo Group, Russia's largest meat producer, continues to expand its turkey product line under Pava-Pava, one of its flagship brands. This fall, the Company has launched sales of spiced turkey filet, a perfect choice for holiday dinners.
Cherkizovo Group, Russia’s largest meat producer, has once again been praised for the high quality of its products, with the Petelinka, Cherkizovo, and Pava-Pava brands winning two gold and three silver medals at Quality Guarantee 2023.