Moscow, Russia – March 6, 2017 - Cherkizovo Group (LSE: CHE; MOEX: GCHE), the largest vertically integrated meat and feed producer in Russia, ranks among the top three pork producers in Russia based on data from the National Union of Pork Producers.
The National Union of Pork Producers tracks the performance of the twenty largest pork producers in Russia, which together account for 60.1% of Russia’s total pork production. Cherkizovo Group produced 184,770 tons of pork in 2016, representing 5.2% of the country’s share.
One of the Group’s competitive advantages is its distinguished team of international experts. A new genetics improvement strategy to improve pigs’ health status was launched by management at the beginning of the year. On top of that, investment in operational efficiency has helped to improve livability and weekly farrows.
Sergei Mikhailov, CEO of Chekizovo Group commented: “Cherkizovo Group started pork production from scratch over ten years ago and has come a long way since then. We have built modern production facilities in the Voronezh, Lipetsk, Tambov and Penza regions and are in the process of building more facilities. Our investment in production and focus on enhanced operational efficiency have helped us to achieve such strong results in 2016.”