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Cherkizovo to Benefit from Russian Meat Quota Cuts, Moody’s Says
Russian pork and poultry producers including OAO Cherkizovo and Miratorg will benefit from the government decision to cut meat quotas in 2012, according to Moody’s Investors Service.
«Curbing cheaper imported meat would help domestic producers’ revenue and profitability and allow them to continue financing their modernization without increasing their debt, «Moscow-based analyst Sergei Grishunin said in a report today.
In 2012 pork producers will be able to pass most of their cost increases to consumers, while poultry prices are forecast to remain under pressure through next year, Grishunin said. The Russian meat market has been in oversupply since the start of 2011 after higher imports in the fourth quarter of 2010, which led to lower prices, he wrote.
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.
