Russia’s third-biggest poultry producer, agricultural holding Prioskolie plans to sell a part of it’s assets, Russian newspaper Kommersant reported. Cherkizovo and CP Foods show interest. Several Russian and foreign companies expressed their interest in the takeover, including the country’s biggest meat producers Cherkizovo, Miratorg, and CP Foods. Although no details are available so far, the cost of the deal is expected to be Rub23 billion ($ 390 million), which means it could become the biggest M&A transaction in the Russian meat industry since 2015, when CP Foods acquired 2 major poultry farms in the country. In 2019, Prioskolie was ranked. Read more...
The Resource Group of Companies (GAP) producers poultry meat in Russia and exports to over 40 countries. As a fully integrated company, GAP provides a full cycle of poultry production: parent flock management, incubation, broiler growing, feed production, to procession, sales and promotion. Parent stock management of high-performing crosses allows them to provide their 7 hatcheries with breeding material, and guarantee the high quality of the incubation egg. Providing feed and fresh water to newborn chicks straight from birth allows the animal the best possible start in life, providing a foundation for long-term chick health, development and quality. Andrey Uzlovenko. Read more...
The governor of the Rostov region Vasily Golubev signed a decree on the allocation of over 180.5 million rubles from the regional reserve fund as compensation of damage to company "Eurodon". The poultry producer suffered of the alienation of the turkey population because of avian influenza. An outbreak of the disease was registered at Eurodon poultry houses this summer, reports the press service of the governor. By decision of the regional government a 21-day quarantine at the poultry growing sites was announced. The company was forced to eliminate more than 200 thousand birds. Earlier it became known that Bank VEB wants to reanimate the production of turkey. Read more...
MHP has announced it is increasing the production capacity at its Vinnitsa poultry plant by launching a second production line, delo.ua reports. "We opened the second production line on July 1. Six months from now we are planning to become the largest poultry factory in the world," the executive director of the poultry plant, Igor Leshchenko said. According to the executive director, the complex has the largest incubator in the world. The production capacity of the plant currently reaches 0.5 million tons of poultry per day. Mr. Leshchenko also said regarding the possibilities for processing the waste from the poultry farm after the launch of the biogas. Read more...
Produkty Pitania, one of the largest producers of frozen convenience foods in Russia, has launched operations at its new hatchery in Kaliningrad, Russia. The investment in its new facility amounted to about 700 million rubles ($11 million) and has a production capacity of 45 million eggs per year, according to local media. The incubator and poultry station was built from scratch on an area of 19 thousand square meters. The company expects to increase its production volume of poultry meat by 10 thousand tons, up to 36 tons per year. Currently, 25 thousand tons of poultry meat is produced in the Kaliningrad region, supplying the domestic demand by up. Read more...
The owners of agricultural holding Agromars were arrested and detained by police after allegations the company had established an unregistered poultry. Read more...
Russia's largest poultry producer Cherkizovo wants to invest RUB 2 billion ($33 million) to expand its poultry meat complex in the Voronezh region, WATTAgNet reports. The company wants to build 32 poultry houses at the complex and also expand its slaughterhouse. The company will invest RUB 2 billion ($33 million) and expects to increase the production capacity of 110,000 metric tons per year by 20% to 130,000 metric tons. Cherkizovo's current strategy in the region focuses on acquiring more land to increase its crop production to reach the levels reported at its other facilities. Cherkizovo's founder, Igor Babaev, who made these recent. Read more...
Russia's biggest poultry producer will receive support from the Russian Ministry of Economic Development to extend its exports to new foreign markets. Sergey Mikhailov, CEO of the Cherkizovo, and Alexei Gruzdev, Deputy Minister of Economic Development of the Russian Federation, held a business meeting, during which they discussed measures to support the foreign economic activities of agro-industrial companies. "The export of agricultural products, including poultry and pork, is one of the key drivers for the development of the Russian agribusiness sector," said Sergei Mikhailov. He added that the company already delivers products to the CIS. Read more...
Russian law enforcement agencies have said they will conduct a detailed investigation into criminal allegations against Cherkizovo, Russia’s leading. Read more...
Brazilian agri-giant JBS SA, the largest meat processor in the world, has announced its purchase of Northern Ireland poultry integrator Moy Park is complete. JBS has notified investors it had paid just short of £800m to previous owner Marfrig, and assumed £193m of Moy Park debt. The company said a major motivation behind the purchase was access to markets and customers Moy Park has developed in the UK and wider Europe – and that it hopes to use these links to grow exports. 5 million chickens per week Janet McCollum, Moy Park's chief executive, said it would be "very much business as usual" for the company, which employs. Read more...
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