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alt image

Russia’s Cherkizovo Group holders OK paying no dividends for 2010

05 july 2011

The shareholders of Russian meat processor Cherkizovo Group have approved paying no dividends for 2010 at their annual general meeting (AGM), the company said in a statement Tuesday.

The group paid no dividends for 2009.

In 2010, the company’s net profit increased 21% on the year to U.S. $144.4 million, as calculated under U. S. GAAP, it said earlier.

The company’s present charter capital amounts to 430,693 rubles and is split into 43,069,355 shares with a nominal value of 0.01 rubles each.

Cherkizovo Group’s key shareholders are MB Capital Partners, holding a 49.55% stake, and JP Morgan Chase Bank, holding a 29.50% stake.

Cherkizovo Group is one of the largest meat processors in Russia.

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Cherkizovo Group unveils its exclusive processed meat products
alt
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
alt
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
alt
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.

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