Cherkizovo Group has reached an agreement to acquire Russia’s third-largest turkey producer Krasnobor based in Tula for RUB 1.9 bn ($29 million), including debt. This acquisition is set to bolster Cherkizovo’s position in the fast-growing market of turkey products and create strong synergies with the meat processing facilities that the Group will build in the Tula Region. AIC Mikhailovsky (part of Cherkizovo Group) has agreed with the owners of Krasnobor to acquire their stakes in the company. Russia Partners Fund will sell 57.7 %, Arkady Levin, the founder of Krasnobor – 24.5 %, with the remaining 17.8 % to be bought from. Read more...
The Rosselkhoznadzor Introduces Temporary Restrictions on the Supply of Live Poultry and Poultry Products to Russia from Administrative Territories and EU Countries Unfavorable for Bird Influenza. In connection with the worsening epizootic situation for highly pathogenic avian influenza in a number of European countries, the Rosselkhoznadzor is taking measures to prevent its introduction into the territory of the Russian Federation. To ensure the biological safety of the country, the department imposes restrictions on the import of poultry and poultry products from areas unfavorable for disease. So, from December 27, 2021, the Rosselkhoznadzor introduces a temporary ban. Read more...
A cocktail of factors has hit the Russian pork production in 2021, causing a drop in pork production in Central Russia after several decades of consistent growth. That message was shared by Yuri Kovalev, general director of the Russian Union of Pork Producers, in an interview with local agricultural magazineAgroinvestor. “From the point of view of additional supply, problems have emerged [on the Russian market],” Kovalev said, adding that the biggest factor wasAfrican Swine Fever(ASF), claiming lives of 700,000 pigs in Tver, Pskov, Tambov, Pskov and Voronezh regions in late 2020 and early 2021. The intensifiedASFepidemic entailed long-term consequences. Read more...
Egyptian President Abdel Fattah El-Sisi and Vladimir Putin, spokeon December 25, and have agreed on intensifying joint efforts and coordination between Egypt and Russia to settle the Libyan crisis. El-Sisi affirmed to Putin Egypt’s continued efforts and endeavors to bring Libya together, Egyptian Presidential Spokesman Bassam Radi said in a statement. The presidents agreed to enhance coordination to settle the crisis in Libya to achieve the aspirations of the Libyan people in a better future, face and undermine the armed militias and terrorist organisations, and put an end to foreign interference in Libya. Egyptian-Russian Relations During. Read more...
The food industry in November this year, compared to October, reduced food production by 1.9%. Compared to November last year, production increased by 6.5%, reported the Federal State Statistics Service (Rosstat). For 11 months in annual terms, production increased by 2.5%. In particular, the production of wheat and wheat-rye flour in November amounted to 743 thousand tons, which is 1.6% more than in November 2020, but 3.1% less than in October this year. For 11 months, its output decreased by 3.5% compared to the same period last year, amounting to 7.4 million tons. Pasta enterprises produced 128 thousand tons of products in November, which is 2.7% more than in the. Read more...
During the 17th press conference, President of the Russian Federation Vladimir Putin spoke about how the pandemic affected the Russian economy, what growth drivers can be identified at present, as well as how social programs to support the population were implemented during this period. The President noted that our economy, faced with the challenges of coronavirus infection and the restrictions associated with it, turned out to be more mobilized and ready for such shocks than many of the world's leading economies. ‘Our economy turned out to be more mobilized and ready for such shocks than many of the world's leading economies: the economic downturn was only. Read more...
The Rosselkhoznadzor is expanding the list of foreign enterprises and the nomenclature of feed products that are allowed to be imported into Russia. In continuation of the work carried out by the Rosselkhoznadzor with foreign agencies to resume the supply of feed and feed additives, the Service expanded the previously posted list of enterprises that are temporarily allowed to import such goods into Russia. The list is being updated: - German manufacturers JELU-WERK Josef Ehrler GmbH+Co.KG, Altromin Spezialfutter GmbH&Co.KG; - the British company Biotal Ltd; - Belgian producers BELDEM SA, HERBAVITA BV, Nutriad International, Impextraco NV,. Read more...
The proposal of the Vita Animal Rights Center to introduce a tax on meat in Russia is completely out of touch with reality and plays into the hands of Russia's competitors in the world meat market, Sergei Yushin, head of the National Meat Association (NMA), told Interfax. He commented on the messagethat the Center had sent a letter to the Ministry of Economic Development and Trade with a proposal to introduce special rules for meat producers, including additional taxes. At the same time, with reference to the executive director of the Union of Plant Based Products Producers Valeria Rodina, the publication writes that the meat industry creates. Read more...
This year, Russia started selling more electricity, cars and vodka. What else did it export? Russian exports in the first ten months of 2021 totaled $388.4 billion, an increase of 42.8% over the same period last year, according to the Russian Federal Customs Service (FCS). This growth is due to the low base of the crisis-hit year before, as well as to this year's economic recovery and rising inflation. Russia‘s main trading partners are non-CIS countries (86.9%), the Top 5 being: China (trade turnover of US$112.4 billion) Germany (US$46.1 billion) Netherlands (US$37 billion) US (US$28.8 billion) Turkey (US$25.7 billion) Russia. Read more...
Historically, Russia is a multinational state. The multinational environment contributes to the popularization of national cuisine, in particular halal and kosher food. Recently, both markets have been showing significant dynamics. Today, Muslims make up more than 10% of the Russian Federation's population. Depending on the data source, that is between 14 and 20 million people who adhere to the canons of Islam. One of these religious prescriptions is the consumption of goods certified according to the so-called halal standard. In Arabic, “halal” means legal, or permissible. Kosher foods are foods allowed to be eaten according to the ancient Jewish kashrut. Read more...
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