Cherkizovo Group, Russia’s largest meat producer, expects its export volume to rise by up to 70 percent in 2020 due to higher sales of poultry to Asia and the Middle East. Reutersreports thatCherkizovoexpects its poultry exports to jump 85 percent to about 63,000 tonnes, or around 74 percent of the estimated 85,000 tonne export total for 2020. "China has become the major export market for our poultry products since 2019", said Andrey Terekhin, head of industry associations and government institutions relations at Cherkizovo. In 2020, Cherkizovo shipped the first batches of poultry to Saudi Arabia and the UAE. Overseas sales of pork are estimated to. Read more...
Сherkizovo Group, Russia's largest meat producer, enters another important export market. The Company begins supplying chicken meat to the Kingdom of Saudi Arabia. The first batch, produced at the Group’s Vasilyevskaya poultry farm (Penza Region), has already been shipped to Saudi Arabia. It included boneless broiler chicken meat, for which there is a steady demand amongst the Kingdom's meat processors and food service providers. The cargo will be unloaded in the Saudi port of Jeddah, undergo the necessary customs procedures, and be sent to local consumers. The chickens, bred specifically for export to the Saudi market, are raised on a diet of vegetable. Read more...
Cherkizovo Group, Russia’s largest meat producer, launched its programme Education and Business: Training for Teachers. The programme is designed to help enhance the learning experience at agricultural universities and better prepare students looking to work at world-leading businesses. As part of the programme, on 23July representatives of Cherkizovo Group, the Russian Ministry of Agriculture, the Federal Educational and Methodological Association and rectors and professors fr om partner universities convened for their first online meeting. The discussion was focused on a number of topics, including modern trends and challenges in the agricultural industry, as well. Read more...
Cherkizovo Group, the largest vertically integrated meat producer in Russia, recently announced that it has signed a preliminary agreement with Cargill to acquire its chicken processing facility in Efremov, Russia. The deal is subject to regulatory approval from respective Russian authorities and, if approved, is expected to close in a few months. “We are excited to add another asset aimed to foodservice clients to our portfolio,” Cherkizovo chief executive officer Sergey Mikhailov said. “Being a vertically integrated meat producer, we see significant synergies of a newly acquired plant with our existing supply chain and have plans to increase. Read more...
PJSC Cherkizovo Group (MOEX: GCHE), the largest vertically integrated meat producer in Russia, today announces that its credit rating was affirmed by Moody’s at B1 level, outlook “stable”. Moody’s affirmed company credit rating at B1 level, outlook “stable”. In the press release, the credit rating agency states that the decision to confirm Cherkizovo’s rating reflects Moody's opinion that the company's business profile and strong market position will allow it to withstand the deteriorating domestic macroeconomic environment and maintain stable financial performance and sufficient liquidity. Moody’s. Read more...
Cherkizovo Group, Russia’s largest meat producer, has announced the start of turkey shipments to China, its key export market. This move will see the Group more than double its overall turkey exports for2020. The first turkey shipment weighed in at 27tonnes and was sent to China from TambovTurkey, a joint venture between CherkizovoGroup and Spain’s Grupo Fuertes. The shipment included turkey wing pieces that are very popular in retail chains throughout China. Exporting this type of goods is now possible after Russia's Federal Service for Veterinary and Phytosanitary Supervision (Rosselkhoznadzor) convinced the Chinese authorities to add turkey. Read more...
Cherkizovo Group (MOEX: GCHE), the largest vertically integrated meat producer in Russia, today announces operating results for April 2020. [1] April 2020 April 2019 Change % y-o-y March 2020 Change %. Read more...
Cherkizovo Group, Russia’s largest meat producer, is helping to provide food aid to underprivileged people from the Voronezh Region. This week, Cherkizovo Group joined a charity initiative to supply food parcels to low-income households in the Voronezh Region. Regional meat, bread, sunflower oil, dairy, cereal and other food producers all agreed to contribute to the cause. Cherkizovo itself donated over 8,600smoked sausages. These sausages will be added to food parcels and delivered to the vulnerable citizens specified by the Voronezh Region Department of Social Protection. The idea was coined by Alexei Gordeyev, ex-Governor of the Voronezh Region and current. Read more...
Cherkizovo Group, Russia’s largest meat producer, pledged its financial support to the #Wearetogether volunteering campaign. Its aim is to provide vulnerable elderly people, in different regions of the country, with all the essentials they need during the self-isolation period. This week, Cherkizovo Group joined the #Wearetogether campaign, helping to provide support for elderly residents during the current pandemic. This campaign was launched by the All-Russia People’s Front (ONF) on March 18, with support from the Roscongress Foundation; the Association of Volunteer Centres; Medical Volunteers, a public movement of healthcare volunteers; Volunteers of. Read more...
Cherkizovo Group, Russia’s largest meat producer, announces the launch of poultry shipments to the United Arab Emirates(UAE). Looking ahead, we expect to establish regular poultry supplies to other Gulf countries, a topic discussed with potential partners at the Gulfood2020 trade exhibition in Dubai. In February, Cherkizovo began supplying poultry to the UAE from the Vasilyevskaya poultry farm (Penza Region, Russia). The first shipment of 54tonnes of frozen chicken breast fillets has already left the port of Novorossiysk for Dubai. The shipment is intended for customers working in the HoReCa industry. Vasilyevskaya poultry farm is one of. Read more...
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