You searched for "miratorg" (10 results found)

Fitch Affirms Miratorg at 'B'; Withdraws Ratings

  • 24 Aug 10:38

Fitch Affirms Miratorg at 'B'; Withdraws Ratings Fitch Ratings has affirmed Russia-based Agribusiness Holding Miratorg LLC's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at 'B'. The Outlook is Stable. Fitch has simultaneously withdrawn all ratings for commercial reasons. The ratings reflect Miratorg's currently heightened leverage levels due to ongoing, largely debt-funded, capex expansion projects and high amount of guarantees provided for related parties' liabilities. This is balanced by the group's large scale, its strong market positions in Russia and a high degree of vertical integration across the value chain, which results in strong EBITDA margins. The. Read more...

Miratorg starts export of high quality beef to China

  • 9 Apr 11:25

Miratorg starts export of high quality beef to China ABH Miratorg, the biggest pork and beef producer in Russia, informs about being the first among Russian producers to start exporting high quality beef to China. Within the first shipment the company sent 200 tons of products. Miratorg is the biggest beef producer in Russia. Investments of the company into the interregional project of beef cattle breeding exceed 100 billion rubles. 98 cattle farms are built in 6 regions of the Russian Federation while the total population of the specialized beef breed Aberdeen Angus so far exceeds 700 thousand heads what allows meeting growing demand in raw materials both in Russian and world markets. In 2019 the volume of beef. Read more...

Miratorg confirms tannery fully meets international standards

  • 11 Feb 10:44

Miratorg confirms tannery fully meets international standards Miratorg, one of Russia’s largest meat producers, reports that in 2019 the company’s tannery successfully passed the certification of the integrated management system and confirmed its compliance with ISO 9001, ISO 14001 and ISO 45001 international standards. Miratorg has invested over 3.4 billion roubles in high-tech leather production in Bryansk region. With the capacity of 175 thousand sq. m of crust per month, the tannery makes today more than 20 types of products, which are supplied both to domestic and foreign markets. The highly automated plant is a part of the vertically integrated production with end-to-end traceability and 100% control: from. Read more...

The maternal herd of the Kaliningrad meat company in 2019 increased by 30%

  • 24 Jan 09:58

The maternal herd of the Kaliningrad meat company in 2019 increased by 30% AgroVestnik magazine, citing the press service of Miratorg Agribusiness Holding, reports that Kaliningrad Meat Company LLC increased the stock of Aberdeen Angus herd more than 30% in 2019. The Kaliningrad Meat Company, which is a part of Miratorg, was founded in 2011 in the Ozersky District of the Kaliningrad Region as the base enterprise for the cattle-breeding project to create a meat cattle breeding industry. Now Kaliningrad Meat Company holds more than 75 thousand head of cattle of the Aberdeen Angus breed. According to the results of 2019, the breeding stock at the facilities of the largest meat and cattle operator in the Kaliningrad region amounted. Read more...

Miratorg launched the first phase of a sheep breeding project in the Tula region

  • 20 Dec 10:05

Miratorg launched the first phase of a sheep breeding project in the Tula region The press service of Miratorg Agribusiness Holding announced the launch of the first stage of a sheep-breeding complex in the Tula region. The holding is completing the construction of production buildings. The first batch of animals was brought to the farm. The main strategic tasks of Miratorg, the Russian leader in the production of main types of meat, are to fully satisfy domestic demand and increase the export potential of high-quality domestic meat products. Now, at the enterprises of a vertically integrated agro-industrial holding, all stages of the production of pork, beef, pink veal and poultry have been implemented. A pilot project for the production of. Read more...

Miratorg invests over 3.4 billion roubles in tannery construction in Bryansk region

  • 13 Dec 09:24

Miratorg invests over 3.4 billion roubles in tannery construction in Bryansk region ABH Miratorg, Russia’s largest producer of meat main types, reports on the start of a high-tech tannery in Vygonichi district of Bryansk region with investments more than 3.4 billion roubles. Miratorg has built from scratch the largest in Europe vertically integrated production of high quality beef “from field to counter”. The company’s strategy focuses on increasing the depth of processing and enlarging the range of products with high added value and great export potential. The line with the most advanced equipment for primary processing of other meat products is an integral part of the cattle slaughter and meat processing complex with a capacity of. Read more...

Miratorg and Bryansk region conclude investment agreement for development of pig-breeding project

  • 9 Dec 09:39

Miratorg and Bryansk region conclude investment agreement for development of pig-breeding project ABH Miratorg, No. 1 pig producer in Russia, and Bryansk region concluded the investment agreement, providing for investments amounting to 2.44 billion rubles into development of pig-breeding project in the region with production capacity of 6.4 thousand of breeding sows. The agreement was signed within the framework of VIII Slavic International Economic Forum in Bryansk. Miratorg is the largest investor into agro-industrial sector of Bryansk region: company’s cumulative investment exceeds 96 billion roubles. More than 10 thousand workplaces with respectable salary of 35 thousand rubles were created within the framework of poultry and cattle breeding projects.. Read more...

Miratorg and Bryansk region signed an investment agreement for 2, 44 billion rubles

  • 22 Oct 10:42

Miratorg and Bryansk region signed an investment agreement for 2, 44 billion rubles Miratorg Agribusiness Holding, the No. 1 pork producer in Russia, and the Bryansk Region entered into an investment agreement providing for an investment of 2.44 billion rubles in the development of a pig breeding project with a capacity of 6.4 thousand sows in the region. The signing of the agreement took place as part of the VIII International Slavic Economic Forum in Bryansk. Miratorg is the largest investor in the agricultural sector of the Bryansk region: the total investment of the company exceeds 96 billion rubels. In 2018, the agricultural holding and the government of the Bryansk region signed an agreement providing for an investment of 3.8 billion. Read more...

TOP-10 Russian Agricultural Holdings

  • 4 Sep 09:09

TOP-10 Russian Agricultural Holdings INFOLine resented the “TOP-10 Rating of Russian Agricultural Holdings”. * Miratorg Agribusiness Holding does not include Bryansk Meat Company LLC At the end of 2018, Miratorg Agro-Industrial Holding * became the leader in the INFOLine rating with revenues of 111.6 billion rubles. (excluding VAT). The drop in revenue (-0.5%) following the results of 2018 was due to a significant decrease in the sale of imported meat (-32.7%) from Brazil against the background of a temporary ban. Sales of the company's own products grew by 12.6% in monetary terms. Cherkizovo Group took the second place in the INFOLine rating. In addition, the company showed. Read more...

Miratorg loses weight

  • 29 Aug 07:20

Miratorg loses weight Active consolidation in agribusiness affects the balance of power among market players. According to Infoline, Miratorg Agribusiness Holding, the first in terms of revenue in the industry, may give way to Rusagro group in 2019. Цршду Miratorg’s revenue can grow by only 7%, to 119.41 billion rubles, then Rusagro’s turnover after several mergers and acquisitions will increase to 120–125 billion rubles. The three largest agricultural holdings in Russia in terms of turnover in 2019 may change, follows from calculations in the Infoline rating. According to analyst Victor Linnikov, the first is the Miratorg Agro-Industrial Holding with revenue 111.6. Read more...