The target set for 2019 will come with the achievement of being the first Russian company to exceed 1 million tonnes threshold in meat production capacity.
Cherkizovo was named the top Russian meat producer for the third consecutive year thanks to a total production of 702,000 tonnes of slaughter weight in 2018, up with 47,000 tonnes from the volume reported in 2017.
"This year, Cherkizovo Group is planning to step up meat production to 1,1 million tonnes (live weight excluding meat products), thus becoming the first Russian company to exceed 1 million tonnes threshold in meat production capacity," announced the company in a press release.
The Group continued to focus on operational excellence and launched new pig farms in the Lipetsk, Voronezh and Penza regions. Cherkizovo’s performance indicators also included sales under the Altaisky Broiler brand in December 2018. The Group closed the acquisition from the Prioskolie holding company on 5 December 2018.
During Q1 of the year, Cherkizovo increased the volume of sales for pork and chicken meat and added value to most of its turkey products, according to a press release from the company. In the pork sector, production and sales increased by 18% and 20% respectively, compared to the first quarter of 2018. A similar situation is for the chicken, with 151,600 tonnes of meat delivered in the market in the first three months of the year, up by 10% compared to last year.