Cherkizovo Group continues publishing industrial meat supply indexes. The first publication described the dynamics of meat supply in Russia during January – September 2018. The current presentation takes into account the latest available data – for October 2018.
Cherkizovo Group OJSC, one of Russia’s largest meat and processed meat producers, reports a 7% increase in sales in its poultry division to 342,640 tonnes of slaughter weight as of year-end 2013 compared to the previous year.
The Cherkizovo Group’s total sales volume in the poultry division in the first half of 2013 grew by 4%, to nearly 165,114 tons of sellable weight, compared to 158,345 tons in the same period last year, the company said.
In early July, the Cherkizovo Group’s grain facilities began harvesting yields in the Voronezh and Orlov Regions, according to a press release by the group. As of July 22, it had already threshed more than 27,000 tons of grain.
An automated grain receiving centre has started operating at the Lev Tolstoy Feed Mill. The owner of the mill is Lipetskmyasoprom OJSC, a company managed by Cherkizovo Group. All processes are fully automated, with grain cleaning, drying, and storage in one place.
Governor of Penza Region Vasily Bochkarev and Chairman of the Board of Directors of Cherkizovo Group Igor Babaev visited the Kamensky District site where construction of one of the largest grain storage facilities in the region is currently ongoing.
Governor Oleg Korolev discussed the implementation of large investment projects in Lipetsk Region at a working meeting with officials of Cherkizovo Group.
In the second quarter the largest Russian holdings have noted an improvement in the pork market as it gradually makes its way out of recession. Cherkizovo observes the improved market situation, reported the Group in a report. Prices on grain, according to their data, are falling: the price on wheat was at nine rubles per kilogram by May, 30% lower than its peak value.
OJSC Cherkizovo Group, one of Russia's leading integrated and diversified meat producers, has completed a sowing campaign and expects a 30% increase in grain yield to 150,000 tonnes if favorable weather conditions continue, the company said in a press release.
The Cherkizovo Group boosted poultry sales 6% and pork sales 58% year-on-year in Q1 2013, the company said in a statement.
Cherkizovo Group has fully placed series BO-04 commercial paper worth RUB 3bn (approx. USD 95.39m), the agricultural holding said in a statement.
Russian meat processor Cherkizovo Group has completed the acquisition of Dankovsky Meat Plant, located in the Lipetsk Region, for 38.5 million rubles, the group said Monday in a statement.
Monday Russia's Veterinary and Phyto-Sanitary Surveillance Service (VPSS) has confirmed the absence of African swine fever (ASF) at any of the company's pork facilities.
“We clearly see how consumer demand is shifting from frozen imported products to domestic production of chilled meat”, says Alexander Kostikov, spokesman for Cherkizovo Group.
Cherkizovo Group invests 500 mln roubles in renovation of the processed meat product facility at its flagship Cherkizovsky Meat Processing Plant said in the company statement.
Kurskaya poultry factory, which is part of Russian meat producer, Cherkizovo Group, was praised at the international food industry exhibition during Berlin’s Green Week.
“One of the most effective mechanisms to stabilize the Russian meat market could be a special intervention fund, in which pork and poultry meat will be purchased by the State,” said Sergei Mikhailov, the CEO of Cherkizovo Group, one of the largest Russian producers of meat and meat products.
Russian meat processor Cherkizovo Group will launch the Zarechnaya poultry facility in the Penza Region this year having invested 1 billion rubles in its upgrade after a 14-year termination, Igor Babayev, chairman of the board of directors, said Tuesday.
Cherkizovo Group completed the construction of three Greenfield pork farms located in Voronezh, Lipetsk and Tambov regions. Total capacity of three complexes - 37 500 tonnes of live weight pork per year.
Pork prices were much lower in the second and third quarter of this year but will stabilise in December and early next year at 70 roubles per kilogram of live weight, said Cherkizovo Chief Financial Officer Ludmila Mikhailova in a conference call.
According to unaudited financial statement, in the third quarter of 2012 compared to the same period in 2011, net profit of Cherkizovo Group on US GAAP, increased by 64% to 62.8 million, the company announced. In roubles this index rose by 79%, up to 2 billion to 10.5 million roubles.
“Cherkizovo” Group welcomes the establishment of a zero tax rate on profits for agricultural producers, the company said a in statement.
OJSC Cherkizovo Group will not pay dividends for 2011, the company announced after its Annual General Meeting held on June 29.
Russian chicken and pork producer Cherkizovo said that growth in poultry prices would be negligible in 2012, casting doubt over first quarter profit figures.
Cherkizovo Group, one of the largest Russian agro-companies and meat producers, whose shares are quoted on the stock exchange, has made several large acquisitions in the livestock segment. On 13th June the company announced the acquisition of a swine nucleus unit in Voronezh region, which can produce about 10 thousand animals. In total, the company acquired a land bank of approximately 30 000 ha, as well as elevators designed for storage (the aggregate capacity is 150 thousand tonnes) in the same region and in Penza (capacity is 60 thousand tonnes). The acquisition cost of assets which was united in the company Voronezhmyasoprom comprised of 4.46 billion roubles, of which about half (2.8 billion) is debt belonging to the former owner and the remaining part (1.26 billion) would be paid in shares and cash in nearly equal proportions.
Cherkizovo Group announces the acquisition of «Voronezhmyasoprom», a set of agricultural assets in Central Russia for 4.46 billion roubles. Among them is a swine nucleus unit in the Voronezh region, elevators in Voronezh (designed for storing 150 thousand tonnes) andPenza fields (60 thousand tonnes with the prospect of increasing to 90 thousand tonnes), a fodder plant under construction and a land bank of approximately 30 000 ha in the Voronezh region (about 25 thousand ha are included within the agricultural turnover). The value of the acquired assets includes 2.8 billion roubles of debt, which Cherkizovo Group will take on. Payments will be made in cash to the value of 1.26 billion roubles and 795 thousand shares of Cherkizovo Group. aTransaction approval must be sought from the Federal Antimonopoly Service of Russia.
Yesterday, Cherkizovo Group announced the acquisition of Voronezhmyasoprom, a set of agricultural assets, “in order to strengthen the vertical integration of the business”.
CJSC Lipetskmeat will finish the construction of a pig farm complex in the Volovskoi district of the Lipetsk region this year, with a capacity of 12.5 thousand tonnes of meat, the regional administration reported. According to the plans, the fourth pig fattening facility will be opened in June. Works at the facility have already been completed, along with the installation of equipment. The total number of livestock on the platforms that are already in operation is 29 thousand heads; the estimated capacity of the whole farm is about 12.5 thousand tonnes of live weight meat per year.
OJSC Cherkizovo Group, one of Russia’s leading integrated and diversified meat producers, has transferd of its shares onto quotation list ‘A 1’ at MICEX.
OJSC Cherkizovo Group (LSE: CHE) one of Russia's leading integrated and diversified meat producers, announces the launch of production modules at three new pork complexes.
OJSC Cherkizovo Group, one of Russia's leading integrated and diversified meat producers, increased poultry sales 34% to 260,200 tonnes (in slaughter weight) in 2011, the company said in its trading update for 2011.
Cherkizovo Group - one of Russia's leading integrated and diversified meat producers - has launched of a new line of chilled semi-processed products under the Petelinka brand.
Cherkizovo launched its first line of a large hatchery in Bryansk this week. It was constructed as part of the company’s capacity increase project at the Bryansk poultry cluster and will enable 43 million eggs to be incubated per year.
Russia meat producer Cherkizovo’s poultry sales rose by 18% in the first half to approximately 117,990 tonnes of sellable weight.
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.
Capitalists are coming to Russia’s
Total sales volumes in the poultry division in the first quarter of 2010 increased by 6% to 46,570 tonnes of slaughter weight compared to 44,100 tonnes in the first quarter of 2009.
Russian meat producer, Cherkizovo Group, has posted a FY 2009 net income of $120.2 million under US GAAP, reports state.
Russia's London-listed meat producer Cherkizovo group said on Wednesday it would buy two pork plants from its main shareholders, a move that could raise capacity by 30 percent.
Cherkizovo forecast a fillip from Russia's curbs on meat imports as the chicken-to-sausages group heralded "strong" 2009 results, led by a 38% jump in pork production.
Russia, the largest buyer of U.S.
chickens, can make up for a ban on imports of American fowl with substitute protein sources and increased domestic flocks, the biggest Russian poultry producer said.