Don-Media regional news agency (DON24.RU) informs that the group of companies "Damate" has begun to form a parent herd of turkeys on the leased assets of the holding Eurodon. In three poultry houses in the Ust-Donetsk region 20 thousand heads of young animals of the BIG-6 cross, arrived by flight from the UK, were delivered. In the fourth quarter of 2020, it is planned to accept two more shipments of poultry. Damate's press service notes that the creation of parent stock is an important stage in the production chain. It will ensure the production of hatching eggs, which will reduce the company's dependence on imports. The parent stock is raised. Read more...
Deputy Minister of Agriculture of the Russian Federation Sergey Levin and Deputy Minister of Agriculture and Forestry of the Republic of Turkey Akif Ozkaldy held the 3rd meeting of the Executive Committee on Agriculture between Russia and Turkey via videoconference to discuss mutual trade in agricultural products and food, as well as veterinary and phytosanitary challenges. Sergey Levin appreciates incremental development of agritrade between Russia and Turkey. According to him, the epidemic issues did not undermine bilateral trade. “In the first half of 2020, compared with last year's values, the agricultural turnover increased by almost 30% – up. Read more...
Trading Company Cherkizovo has started selling Pava-Pava turkey charcuteries. The brand's expansion into the new segment comes as a response to customer demands. Over the year, this category has been showing a double-digit growth in Russia. The first Pava-Pava charcuteries were delivered to federal retail chains this week. Their range currently consists of three products– hot dogs, Mramornaya ham, and Nezhnoye fillet, all made from 100% turkey meat (breasts and thighs) with high protein and low fat content. More is in the pipeline. Pava-Pava products have been manufactured since 2017 by Tambov Turkey, an equal-stake joint venture between Cherkizovo Group. Read more...
According to the news service of the Federal Center for Agricultural Product Development of the Russian Federation Agro-Industrial Complex (Agroexport), Krasnobor agricultural holdings shipped over 700 tons of turkey meat to Chinese importers. According to forecasts for 2020, turkey suppliers have the opportunity to multiply export volumes. Agrifood Strategies expects export geography to expand and to include markets in the Middle East, Southeast Asia, Africa and neighboring countries. The plans of manufacturers include new contracts with importers of the United Arab Emirates.China and Hong Kong. Preliminary agreements have been concluded for the supply of turkey. Read more...
By the beginning of 2020 32 new housing for raising and fattening turkeys of the Damate group of companies were involved in the Mokshansky district of the Penza region. Their launch was carried out as part of the next phase of the project to increase production volumes to 155 thousand tons per year. Damate’s new assets were commissioned at the end of last year in the village of Potma. At their expense, the total number of houses in the Moksha district increased up to 64. When the project is completed, 488 corps of rearing and feeding turkeys of the Damate group of companies will operate in the Penza Region. The growing area created in Potma consists of eight. Read more...
In the second quarter of 2019, the average selling price for turkeymeat has increased by 22% compared to the same period last year, according to a report on the operating results of the Cherkizovo group. In June, the average price decreased by 2.6% compared to May to 160.26 rubles / kg, but this is 17% higher than in June 2018. In January 2019, the average price of turkey meat exceeded 180 rubles / kg. According to the company, the price increase occurred "due to the expansion of the offer of products under the Pava-Pava brand and high demand for turkey products." The production of Tambov Turkey (a joint project with the Spanish Grupo Fuertes) decreased compared. Read more...
PJSC Cherkizovo Group (MOEX: GCHE), the largest vertically integrated meat producer in Russia, today announces its audited consolidated IFRS results for the fourth quarter and full year ending December 31, 2018 Fourth quarter financial highlights Revenue increased by 31.0% year-on-year (y-o-y) to RUB 31.9 billion. Net change in fair value of biological assets amounted to negative RUB 2.0 billion, compared to RUB 0.9 billion in 4Q17. Revaluation of harvested crops in stock changed to negative RUB 0.4 billion from negative RUB 1.3 billion in 4Q17. Gross profit of RUB 7.7 billion up by 33.5% compared to 4Q17. Adjusted EBITDA* up by 179.0% y-o-y to RUB. Read more...
Cherkizovo Group (MOEX: GCHE), the largest vertically integrated meat producer in Russia, today announces operating results for December, the fourth quarter and full 2018. Fourth quarter 2018 highlights: Chicken: Sales volume growth in 4Q18 was supported by the consolidation of Altai Broiler results, which added 5 thousand tonnes in December. Average sales price increased by 32% y-o-y and 13% q-o-q on the back of better sales mix with more products under Petelinka and Chicken Kingdom brand, as well as the further shift to the deboned and high value-added products, as well as supply cuts by other chicken producers. Turkey: JV Tambov Turkey sales volume of. 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...
Moscow, Russia – October 10, 2018– Cherkizovo Group (MOEX: GCHE), the largest vertically integrated meat producer in Russia, today announces operating results for the September and the third quarter of 2018. Third quarter 2018 highlights: Chicken: Sales volume of 131.3 thousand tonnes remained on par with 3Q17 and the previous quarter and was positively affected by 7 thousand tonnes destocking in August. Average sales price increase of 12% y-o-y and 6% q-o-q was driven by Petelinka and Chicken Kingdom branded products, as we move up the value chain towards a higher share of branded value-added products, with a larger proportion of deboned,. Read more...
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