News archive

Cherkizovo Group (LSE:CHE), Russia’s largest meat and fodder manufacturer, announced the successful completion of a project to double capacity in the Bryansk poultry cluster

Implementing the project has increased output capacity of Cherkizovo Group’s Bryansk poultry cluster (Kurinoe Tsarstvo in Bryansk) from 35,000 to 85,000 tonnes of poultry meat live weight per year.

Cherkizovo Group’s 2014 Capital Expenditures will Total around 7.5 Billion Roubles

This announcement was made by Sergey Mikhailov, CEO of Cherkizovo Group, during a meeting with analysts from the largest investment banks. He said that the bulk of the investment sum, 5 billion roubles, will be dedicated to development of poultry production; of that amount, 3.7 billion roubles are earmarked for new projects.

URALSIB Capital Launches Coverage of Cherkizovo Group

Analysts from the investment analysis company URALSIB Capital initiated coverage of Cherkizovo Group’s shares, granting them a “buy” recommendation and valuing their target price at $16/GDR and their growth potential at 46 per cent.

Cherkizovo Group OJSC Financial results for the Nine Months Ended September 30, 2013

Cherkizovo Group (LSE: CHE), Russia’s leading integrated and diversified meat producer, today announces financial results for the period ended 30 September 2013.

Cherkizovo Group Increased its 2013 Grain Harvest by Half as Compared to 2012

Cherkizovo Group (LSE:CHE), Russia’s largest meat and feed manufacturer, reports that it has completed the 2013 harvesting campaign.

Directors of Cherkizovo Group have been recognized as some of the best in corporate governance according to the Association of Independent Directors

The Association of Independent Directors published a list of the best directors in the area of corporate governance in advance of the annual “Director of the Year” award.

Petelinka Brand Recognized as Product of the Year

The Petelinka brand of chilled poultry meat has won the national “Product of the Year 2013” prize. The brand’s success in one of the categories is proof of its high quality, smart promotion strategy, and consumer recognition.

Trading Update for the Nine Months of 2013

Cherkizovo Group (LSE:CHE), Russia’s leading integrated meat and fodder manufacturer, announces its operating results for the nine months of 2013.

BO-04 Series Bonds of Cherkizovo Group Included in Bank of Russia Lombard List

In accordance with the decision made by the Board of Directors of the Bank of Russia (protocol of meeting No. 23 of the Board of Directors of the Bank of Russia dated October 25, 2013), Cherkizovo Group’s BO-04 series bonds (4B02-04-10797-A, RU000A0JTU93) were listed on the Bank of Russia Lombard List.

Cherkizovo Group Completes a Project to Double Capacity in the Penza Poultry Cluster

Cherkizovo Group (LSE:CHE), Russia’s largest meat and fodder manufacturer, announced the successful completion of a project to double capacity in the Penza poultry cluster (Vasilyevskaya Poultry Factory).

Cherkizovo Group Board of Directors Chairman Igor Babayev and the Group’s General Director Sergei Mikhailov meet Voronezh Region Governor Aleksei Gordeyev

On 15 October a working meeting of Cherkizovo Group Board of Directors Chairman Igor Babayev and the Group’s General Director Sergei Mikhailov with the Voronezh Region Governor Aleksei Gordeyev took place.

Petelinka Gold

The Cherkizovo Group products released under the Petelinka brand won two gold medals “Product of the Year” at World Food Moscow 2013, while Petelino Trading House exhibit took first place out of 1600 participants as “Debut of the Year 2013”.

Chairman of the Board of Directors of Cherkizovo Group Igor Babaev Took Part in the 12th Sochi International Investment Forum

Chairman of the Board of Directors of Cherkizovo Group Igor Babaev spoke at the round table “Agriculture in the New Development Environment: Investment Guidelines for Business and Priorities for Government Support” on September 28 during the 12th Sochi International Investment Forum.

Cherkizovo’s Top Managers Are Among the Best

The Russian Managers Association published its annual Top-1000 Russian Managers Rating on September 18. A number of Cherkizovo’s top managers were among the winners.

Chairman of the Board of Directors of Cherkizovo Group Igor Babaev Awarded a Token of Appreciation and Medal

Chairman of the Board of Directors of Cherkizovo Group Igor Babaev was awarded a token of appreciation for “Contribution to the Development of Penza” on September 14, the day of Penza’s 350th anniversary

Cherkizovo Group’s Harvest Figures as of September 10 Beat Last Year’s Result

Cherkizovo Group, Russia’s largest meat and fodder manufacturer, reports on the harvesting campaign.

Financial results for the First Half Ended June 30, 2013

Cherkizovo Group (LSE: CHE), Russia’s leading integrated and diversified meat producer, today announces financial results for the period ended 30 June 2013.

Cherkizovo Group has received the first tranche of compensational subsidies

Cherkizovo Group (LSE:CHE), the largest meat and fodder manufacturer in Russia, announced that it had received the first tranche of direct compensational subsidies for agricultural manufacturers.

Alexander Zhukovsky headed Cherkizovo Group Pork division

Cherkizovo Group (LSE: CHE), a top meat and feed producer in Russia, reported the appointment of Alexander Zhukovsky to the position of Head of Pork Division. 

Trading Update for the first half of 2013

Cherkizovo Group (LSE:CHE), Russia’s leading integrated meat and fodder manufacturer, announces its operating results for the first half of 2013.  

Harvesting Campaign at Cherkizovo Group Facilities is in Full Swing

In early July, Cherkizovo Group’s grain facilities began harvesting yields in the Voronezh and Orlov Regions.

The grand opening of a grain receiving center for the Feed Mill of Lev Tolstoy District was held

On July 11, 2013, Nikolai Tagintsev, Deputy Governor of Lipetsk Region, Vladimir Osetrov, acting head of Lev Tolstoy District, and Andrey Kovalev, head of OJSC Lipetskmyasoprom, took part in the grand opening of a grain receiving center for the Lev Tolstoy Feed Mill. 

Cherkizovo Group Holds Board of Directors Meeting

Cherkizovo Group, the largest meat and fodder manufacturer in Russia, announces that it has held its Board of Directors Meeting and chosen its Chairman of the Board of Directors and steering committees heads. 

Chairman of Board of Directors of Cherkizovo Group Igor Babaev held Working Meeting with Head of Altai Republic Alexander Berdnikov

On July 3, 2013, Chairman of the Board of Directors of Cherkizovo Group Igor Babaev held a working meeting with Head of Altai Republic Alexander Berdnikov. During the meeting, they discussed the position of the agroindustrial complex in Altai Republic and the industry’s future and potential.

First deputy Minister of Penza Region Sergey Churakov Took Part in Grand Opening of Zarechnaya Poultry Production Facility

Governor of Lipetsk Region Oleg Korolev, Chairman of the Board of Directors of Cherkizovo Group Igor Babaev and CEO of Cherkizovo Group Sergei Mikhailov held a working meeting in the administrative office of Lipetsk Region

Penza region Governor Vasily Bochkarev and Chairman of Cherkizovo Group Board of Directors Igor Babaev visit grain storage facility under construction in Kamensky district

On July 1, 2013, Chairman of the Cherkizovo Group Board of Directors Igor Babaev and Governor of Penza Region Vasily Bochkarev visited the Kamensky District site where construction on one of the largest grain storage facilities in the region is currently ongoing.

Cherkizovo Group held Annual General Meeting on June 28

Cherkizovo Group held Annual General Meeting on June 28.

Governor of Tambov Region Oleg Betin and Chairman of Cherkizovo Group Board of Directors Igor Babaev Visit Group Facilities

On June 29, 2013, Chairman of the Cherkizovo Group Board of Directors Igor Babaev and Governor of Tambov Region Oleg Betin toured the Pervomaysky District facility, where a unique turkey breeding and processing complex is under construction. 

Chairman of the Board of Directors of Cherkizovo Group Igor Babaev to Visit Regional Companies

On Saturday, June 29 Igor Babaev, Chairman of the Cherkizovo Group Board of Directors, will begin a business trip that will take him on a tour of the Group’s major factories located in Tambov, Penza, and Lipetsk Regions.  

Financial results for the First Quarter Ended 31 March 2013

Moscow, 24 May 2013 - Cherkizovo Group (LSE: CHE), Russia’s leading integrated and diversified meat producer, today announces quarterly results for the period ended 31 March 2013.   

Cherkizovo Group announces the publication of Annual Report and Financial Statements

Cherkizovo Group (LSE: CHE), Russia’s largest integrated and diversified meat and fodder producer, announces that its Annual Report and Financial Statements for the year ended 31 December 2012 are available on the Company’s websites: www.cherkizovo-group.com in English and www.cherkizovo-group.ru in Russian. 

Cherkizovo Group Completes a Sowing and Plans to Increase Grain Crops Harvest by 30%

Cherkizovo Group (LSE: CHE), Russia’s largest integrated and diversified meat and fodder producer, announces that it has completed a sowing campaign, and if favorable weather conditions continue, it anticipates a 30% increase in yield, reaching 150,000 tonnes. 

Trading update for the first quarter 2013

Cherkizovo Group (LSE:CHE), Russia’s leading integrated meat and fodder manufacturer, announces its operational results for the first quarter of 2013.  

Cherkizovo Group Announces the Acquisition of Dankov Meat Processing Plant

Cherkizovo Group (LSE: CHE), Russia’s largest integrated and diversified meat and fodder producer, announces that is has finalized the acquisition of the Dankov meat processing plant for the sum of 38.5 million rubles.

Cherkizovo’s Communications and Investor Relations Department Receives Professional Award

In the beginning of April, the results of the annual national award “The Best Media Relations” were released, an award founded by the “Press Service” magazine and RIA Novosti, one of Russia’s leading news agencies.

Russia's Veterinary and Phyto-Sanitary Surveillance Service (VPSS) Confirms the Absence of African Swine Fever at Cherkizovo’s Pork Facilities

Cherkizovo Group (LSE:CHE), Russia’s leading integrated meat and fodder manufacturer, reports that on Saturday, March 23, Russia's Veterinary and Phyto-Sanitary Surveillance Service (VPSS) officially confirmed that no African swine fever (ASF) could be found at any Cherkizovo pork facilities in the Penza and Tambov regions.

Financial results for the Year Ending 31 December 2012

Cherkizovo Group (LSE: CHE), Russia’s largest integrated and diversified meat producer, today announces full-year audited financial results for the period ending 31 December 2012.

Cherkizovo Group announces renovation of the processed meat product facility at the Cherkizovsky Meat Processing Plant

In February 2013, Cherkizovo Group started renovation of the processed meat product facility at its flagship Cherkizovsky Meat Processing Plant.  

Kurskaya poultry factory, part of Cherkizovo Group, has won three gold medals at Berlin’s Green Week

This week, the governor of the Kursk region, Alexander Mikhailov, presented an award for the best agricultural business. A delegation from the Kursk region participated in the international food industry exhibition at Berlin’s Green Week.

Cherkizovo group’s CEO has suggested establishing a meat intervention fund in Russia

Sergei Mikhailov, Cherkizovo group’s CEO, participated in a meeting with the Ministry of Agriculture about the conditions and prospects of the development of pig breeding in Russia. During the meeting, Sergei Mikhailov suggested establishing a meat intervention fund in Russia. To explain the rationale behind this suggestion, he highlighted the US and EU intervention funds which buy pork and poultry meat. 

Trading update for full year 2012

Moscow, Russia – January 31, 2013 – Cherkizovo OJSC (LSE: CHE), Russia's leading integrated and diversified meat producer, today issues a trading update for the year ended 31 December 2012. 

Vasily Bochkarev, the governor of the Penza region and Igor Babaev, Chairman of Cherkizovo’s Board of Directors visited Cherkizovo facilities

Vasily Bochkarev, the governor of the Penza region and Igor Babaev, Chairman of Cherkizovo’s Board of Directors, visited Cherkizovo Group facilities in Penza. The delegation visited the reconstructed Zarechnaya integrated poultry farm in the Bessonov district as well as the Penzensky meat and poultry processing plant in Penza.

Cherkizovo Group has completed a major capacity increase project in the pork division

OJSC Cherkizovo Group has completed the construction of three Greenfield pork farms located in the Voronezh, Lipetsk and Tambov regions. The total capacity of the three complexes amounts to 37,500  tonnes of live weight of pork per year.