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CHERKIZOVO GROUP REVEALS GROWTH DRIVERS FOR 2020

17 Aug 2020

• 17 Aug 11:29

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Rustam Khafizov, Chief Analyst at Cherkizovo Group, took part in the online conferenceNew Challenges for Economy and Agriculturehosted by Agroinvestor Magazine. Company representatives and experts attending the event discussed the challenges and trends facing the industry in the wake of the COVID-19 pandemic and shared expectations about future market developments. The COVID-19 crisis and the restrictions imposed to contain it impacted Cherkizovo's sales channels. While the retail chain demand rose, HoReCa sales plummeted by almost 90% in the spring of 2020. The HoReCa segment has now rebounded, and the retail demand for meat products remains stable. At the. Read more...