Igor Babaev Discusses the Prospects for Agriculture in Vologda Region with the Governor
Chairman of Cherkizovo Group Board of Directors Igor Babaev discussed the prospects for agriculture in Vologda Region with the region’s Governor. Mr. Babaev particularly said that he was interested in developing dairy farming, which is a very important and socially significant line of agriculture.
Trading Update for the First Quarter of 2014
Cherkizovo Group (LSE: CHE), Russia’s leading integrated meat and fodder producer, announces its operational results for the first quarter of 2014.
Cherkizovo Group Starts the 2014 Sowing Campaign; anticipates a Harvest of a Quarter Million Tonnes
Cherkizovo Group, Russia’s leading meat and fodder producer, has started the 2014 sowing campaign. This year, the Company increased its operational land bank in the Moscow, Lipetsk, Orel and Voronezh Regions by 45%, to 58 thousand hectares. If weather conditions are favourable, Cherkizovo expects its harvest to increase by 45% compared to 2013, to approximately 250 thousand tonnes (bunker weight).
Chairman of Cherkizovo Group Board of Directors Igor Babaev and Governor of Lipetsk Region Oleg Korolev have inspected Cherkizovo’s major infrastructure facilities under construction in Elets District
Large-scale construction is underway as part of the Eletsprom project, which the Group began implementing in 2011.