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.
Cherkizovo Group is pleased to report good progress at its three new pork complexes in the Tambov, Lipetsk and Voronezh regions of Central Russia. Cherkizovo began construction at the sites in autumn 2010, and following the launch of breeding facilities in 2011, can now announce the additional launch of rearing facilities at all three complexes.
It is anticipated that the construction will be completed in 2012, once the fattening facilities are finalised. The complexes are expected to reach their total combined capacity of 37,500 live-weight tonnes by the end of 2013.
The new best-in-class integrated multi-site complexes can house 4,800 sows and has an estimated total capacity of 12,500 tonnes of live-weight pork per year. Each complex includes separate breeding, rearing and fattening facilities, equipped with state-of-the art technology.