FDBusiness.com

Cherkizovo Group Plans Poultry and Pork Expansion in Russia

 Breaking News
  • Campbell Soup Company CEO Retires US food group Campbell Soup Company has announced that Denise Morrison, President and Chief Executive Officer, has chosen to retire with immediate effect. Keith McLoughlin, a Campbell Board member since 2016, has been named interim CEO and will also remain a member of the Board to facilitate an orderly transition in management while recently elevated [...]...
  • Valio Establishes New Business Units in China Valio, the Finnish dairy co-operative, is stepping up its activities in China with the opening of a new head office in Shanghai. The newly established head office will focus on serving the Chinese market. Besides the Ingredient business units, Valio China has also established the new business units of Retail and Food Service. According to Euromonitor [...]...
  • Nestlé Launches Global Initiative to Help Children Lead Healthier Lives Nestlé has announced its global ‘Nestlé for Healthier Kids’ initiative. The program includes the further development of healthier products and advice for families on nutrition and exercise. It aims at helping 50 million children lead healthier lives by 2030. Since its foundation, Nestlé has been committed to helping parents and caregivers provide the right nutrition to their children. [...]...
  • Dunnes Stores Simply Better Collection Recognised at International Excellence Awards Dunnes Stores’ Simply Better Collection will be presented with five prestigious accolades at the Private Label Manufacturers Association (PLMA’s) 2018 International Salute To Excellence Awards, taking place later this month in Amsterdam. This is the third year in a row that the Dunnes Stores Simply Better Collection has been recognised for excellence at the PLMAs, last year [...]...
  • CHEP Enables Highland Spring Group to Achieve Substantial Environmental Savings Highland Spring Group, the UK’s largest supplier and producer of natural source bottled water, is enjoying significant environmental savings thanks to the use of CHEP’s pooled pallets within its supply chain. Last year, the owner of brands such as Highland Spring, Speyside Glenlivet and Hydr8, signed a three-year contract renewal with CHEP, the supply chain [...]...

Cherkizovo Group Plans Poultry and Pork Expansion in Russia

Cherkizovo Group Plans Poultry and Pork Expansion in Russia
July 26
10:56 2017

Cherkizovo Group, the largest vertically integrated meat and feed producer in Russia, has announced plans to construct turkey fattening sites in Lipetsk region. The construction of three turkey-fattening sites will require 1,000 ha of land. Investment in the project will amount to RUB1.7 billion (€24 million). In total, more than 30 jobs will be created at the fattening sites.

The project is slated for completion in 2018-2019. The new turkey-fattening sites will be located within 50 km of the poultry-processing complex in the Tambov region, which is very convenient in terms of logistics and production efficiency.

“We have been working in Lipetsk region for more than ten years, being the major investor in agriculture in the region and we intend to develop close cooperation,” says Igor Babaev, founder of Cherkizovo Group. “And the group’s most important investment projects are now in Lipetsk region. It is our driver. First on the list is turkey, several poultry facilities, including the construction of rearing and parent stock facilities (RUB3.5 billion) along with pork facilities. We are ready to start investments immediately; all that remains is to settle outstanding questions regarding land. And, according to our estimates, total planned investments in the region will amount to RUB20 billion over the next several years, not counting the turkey projects.”

New pork weaning and fattening sites are already under construction is the region – the first two have been commissioned while the third one will be ready in August, with the remaining four planned for year-end. Additionally, the potential construction of a pork slaughterhouse with installed capacity of 600 heads per hour, representing a capital investment of up to RUB8 billion, is under consideration. Construction of the slaughterhouse is directly linked to the expansion of the pork production in the region, and requires the construction of railways and a feed mill.

About Author

mike

mike

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • May 21, 2018London Int'l Wine Fair
  • May 22, 2018European Coffee Expo
  • June 1, 2018Gluten Free Expo Slovakia
  • June 3, 2018Vinoble
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements