Cherkizovo: Warning of weak poultry prices
Russian chicken and pork producer Cherkizovo said that growth in poultry prices would be negligible in 2012, casting doubt over first quarter profit figures. The company, which has warned repeatedly that prices of its products will come under pressure following Russia’s entry into the WTO, said that Pork had held up in the first quarter but poultry had been disappointing. Chief Executive Sergey Mikhailov said in a statement that Cherkizovo saw poultry prices growing very slowly and did not expect significant price growth in 2012. They remain confident, though, about the future of the Poultry market.
Other news
Cherkizovo Group top executives ranked best in agriculture
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 brand launches new specialty pork products
Cherkizovo Group, Russia’s largest meat producer, continues to expand the product portfolio of its flagship brand of the same name.
Cherkizovo Group outlines its role in climate agenda
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 exhibits its products at Exchange Yard
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.