Cherkizovo Group (MOEX: GCHE), the largest vertically integrated meat producer in Russia, today announces operating results for December, thefourthquarter and full 2019. Fourth quarter 2019 highlights: Chicken:Sales volume growth of 22% y-o-y is mainly attributed to the full integration of the assets that the Group acquired at the end of 2018. Average sales price declined by 3% y-o-y and 2% q-o-q. Turkey:JV Tambov Turkey sales volume of 11.2 thousand tonnes increased by 17% y-o-y and 2% compared to the previous quarter. Average sales price of 176 rub/kg declined 6% y-o-y and increased by 10% q-o-q. Pork:Production and sales volume were higher, compared to. Read more...
International companies are optimistic about the changes taking place in the Russian economy, positively assess the change of government and are ready to increase investment, said Adviser to the President of the Russian Federation Maxim Oreshkin in an interview with Russia 24 (VGTRK) following the results of the World Economic Forum in Davos. Photo:russiabusinesstoday.com “Their mood (foreign investors) is very positive (regarding what is happening in Russia),” Oreshkin said following the meeting of the Advisory Council on Foreign investment during the World Economic Forum held in Davos. “Investors see the initiatives that have been laid down in. Read more...
Cherkizovo Group, Russia’s largest meat producer, took part in the meeting of the Trade&Investment Taskforce as part of the prestigious Business20 (B20) summit. Last week, the Saudi Arabian capital city of Riyadh hosted this year's first meeting of the B20 taskforces. It was attended by representatives of prominent business communities and major companies from the G20 countries. During the event, pressing economic issues were discussed by panels of industry experts. These are known as "taskforces" and specialise inDigitalization,Trade&Investment,Energy,Finance&Infrastructure,Future of Work &Education,Sustainability and. Read more...
The Latin-American pig sector has expressed concerns about the arrival of 13,500 tonnes of pork meat from Russia to Venezuela, last December. The pork was shipped was from the Russian town of Korocha, in the Belgorod region of southern Russia close to the border with Ukraine. The area is well-known for pork production and is no stranger toAfrican Swine Fever(ASF) outbreaks. The last officially reported outbreaks from Belgorod region date from 2018, according to the website of the WorldOrganization for Animal Health(OIE). In 2019, noASFreports came from this area, but ASF was reported from regions neighbouring the Belgorod region, both in Russia as well as. Read more...
Russia is to start shipments of beef to China after the veterinary and phytosanitary authorities on both sides have concluded the final details and signed an agreement to open the Chinese market for Russian beef. According to Rosselkhoznadzor, Russian federal service for veterinary and Phytosanitary Supervision, two plants, one owned by Bryansk Meat Company, a Miratorg subsidiary, and the other by GK Zarechnoye have already received the permission to start beef exports to China. Due to the ASF situation in the country, China is confronted with a meat deficit and has increased animal protein imports in the last 10 months to levels never seen before in the global market.. Read more...
Since 2014, the apparent consumption[1] of sausages has been decreasing by the average annual rate of 2%, and as of year-end 2018, it was 2278 ths t. The negative market trend is related to the general crisis events in the economy, as well as to the import food ban and rising prices of raw materials, which together affected the changes in the final market demand. As of the first half of 2019, the apparent consumption of sausages continued the trend of 2018, dropping by 2%, compared to the same period of the previous year (up to 1102 ths t). Furthermore, there is a decrease in the volume of production and imported products in the market structure due to the low demand. Read more...
With the ever increasing competition and the trend of healthy lifestyle, Russian meat processors can fill the unoccupied niche of functional meat products. These products have not only high nutritional value, but they also can improve consumer’s health and have a preventive effect on many diseases. Is this the “magic” food the modern consumers have been dreaming about? Marietta Aslanova, Doctor of Technical Science, Head of Functional and Social Food Technology Department of “Gorbatov” Food Systems Federal Research Center, Russian Academy of Sciences, told us about the functional food market and the new developments in this. Read more...
“Miratorg” launched a sheep breeding complex in Tula region. The company is finishing the construction of production facilities and starts populating the farm with animals. In 2018, in Fatezhsky district of Kursk region, a pilot project for lamb production was launched which includes creation and development of a nuclear stock with high genetics, breeding stock maintenance, breeding and feeding of lambs for 4–6 months until they reach the weight of 45–55 kg. The sheep breeding complex in Tula region is another step towards the implementation of the project of lamb industrial production. The plant’s capacity will allow it to maintain up to. Read more...
From January to November, 2019, 77.4 ths t of live weight cattle and poultry for slaughter were produced in Ryazan region. This is by 13% more than in the same period of 2018. By December 1st, 2019, the agricultural companies of the region produced 65.2 ths t of meat of all kinds of cattle and poultry, which was by 16.7% more than the previous year’s level. The biggest growth was shown by the pig breeding farms of the region, which produced 43.5 ths t of pork. This is by 20.8% more than in 2018. ООО “Verdazernoproduct” in Sarayevsky district (33.5 ths t) and ОАО “Ryazanskiy Svinokomplex” (8.7 ths t) are the leaders in. Read more...
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