Russia’s biggest turkey meat producer Damate showed interest in buying the bankrupted duck meat company Donstar, Russian newspaper Kommersant reported. Just recently Damate started the New Duck Technologies branch in Rostov Oblast, where the Donstar poultry farms are located. This new company could be used to acquire Donstar assets. Duck producer Donstar itself has roots in the turkey sector as it was established in 2010 as a subsidiary of the Russian turkey meat producer Eurodon. The company built 60 poultry houses, a feed mill and some other facilities in Rostov Oblast. Donstar had a production capacity of 27,000 tonnes of duck meat in 2017 and announced plans. Read more...
Cherkizovo Group, Russia’s largest meat producer, has delivered 7,000sausages to medical staff at seven hospitals in the Moscow Region. The food donation is part of the #Wearetogether campaign run in partnership with Roscongress Club and the Content Foundation for the Development of Expert and Analytical Activity to support frontline workers fighting the coronavirus pandemic. Cherkizovo has donated food parcels containing dry sausages to seven healthcare facilities in the Moscow Region. The donation was provided to healthcare staff at the Zhukovsky Interdistrict Hospital, Klimovsk Municipal Hospital No.2, Korolyov Municipal Hospital, Mytishchi. Read more...
Russia’s retail sales rose more than expected in March spurred by panic buying ahead of the lockdown to stem the coronavirus outbreak and as the ruble’s plunge boosted demand for imported goods before shelf prices increased,Reutersreported. Retail sales, the gauge for consumer demand, Russia’s key economic growth driver, rose 5.6% in year-on-year terms in March, above a 2.6% increase predicted in a Reuters poll of economists, the federal statistics serviceRosstatsaid. Economic data on the state of Russia’s economic health is in focus after the central bank last week predicted an up to 6% contraction in the gross domestic product in 2020, while. Read more...
The 25th International Exhibition for Equipment, Technologies, Raw Materials and Ingredients for the Food Processing Industry “Agroprodmash-2020” will be held from October 5 to 9, 2020 at Expocentre Fairgrounds in Moscow. It will become one of the biggest international exhibitions in autumn. “Agroprodmash” is in top ten list of the leading European industrial forums in terms of its scope and commercial effectiveness. Since its beginning, the exhibition has greatly contributed to the development of Russian food industry. Despite the business difficulties due to the coronavirus pandemic, the demand for food processing equipment is still high.. Read more...
New rules will be developed for catering establishments in Russia after completion of the coronavirus pandemic, Russia’s chief sanitary doctor and head of the consumer rights watchdog Rospotrebnadzor Anna Popova said, NEWS.ru reports. In particular, protection of attendants, visitors, and social distancing will be ensured, she said, adding that the regime of self-isolation produced good results. If we started with infection growth rates of almost 30 percent per day, today we have less than 10 percent,she noted. Compliance with restrictions is the only way to avoid. Read more...
Recovery of a number of sectors of the Russian economy after the crisis will take more than a year, Head of the Russian Accounts Alexey Kudrin said in an interview with Rossiya 1. "For some sectors, indeed, it will take a year or more. We need to balance opportunities and think a little bit about the future, but now we have to put a lot of effort into this," he said. "One thing is certain - we will go through it all together, for better or worse. Countries will return to their usual lives," Kudrin added. Unemployment in Russia, according to Kudrin, can grow this year to 7-8%, in the worst case, to 10%, from 6 to 9 mln people. At the same. Read more...
Russian nationwide food and necessities delivery serviceSberMarkethas unveiled its 1Q20 performance figures, which show the company’s turnover increased five-fold to 1.5 billion rubles ($20.07 million) year-on-year,Retail & Loyaltyreports. Compared to 4Q19, the metric soared 74%. The number of orders delivered in 1Q20 also increased more than five times to exceed 350,000. In 1Q20, SberMarket, owned by the country’s biggest lenderSberbank, kept implementing its strategy to create a nationwide FMCG delivery service available to all residents of the country. Over the first quarter, the service was launched in 12 new regions of Russia, from Irkutsk to. Read more...
Russia's online grain export quota was running out fast on Saturday as big traders rushed to get customs documents for future shipments, analysts said, adding that supplies from the world's biggest wheat exporter would continue nevertheless. Russia set a quota for grain exports of 7 million tonnes for April through June following the outbreak of the virus. Russia's online calculator showed that as of Saturday only 873,179 tonnes remained available for export based on the quota. Analysts said the speed at which the quota was being snapped up - almost 2 million tonnes in 24 hours - showed these were not real export orders but a consequence of getting. Read more...
Russian customers will have to cut down almost all expenses because of Covid-19 to a greater extent than customers in any other emerging markets of the world. Petfood segment is not an exception, a research conducted by the Boston Consulting Group showed. The anticipated economy turmoil in Russia caused by the nationwide holiday, introduced to slow down the spread of Covid-19 and the fall of the global oil price, makes the list of markets where turnover is expected to grow really short. In the foreseeable future, Russians will pay more only on their utility bills, for Internet and communications, over-the-counter medicines and fresh food, the research showed. In. Read more...
The poultry industry is facing extreme challenges around the world as a result of the global spread of COVID-19. Even processors in Russia are forced to overcome the hurdles that this pandemic has put throughout the food chain. To enable optimal service towards their customers, Meyn Poultry Processors has done thorough research on the influence of COVID-19 on the Russian poultry industry and the numbers of growth and decrease throughout the entire market during the past years. “We can only stand side by side with our customers if we are prepared for any shifts we foresee in the market. The only way to foresee the future is by learning your history inside. Read more...
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