“Cherkizovo Group” is the anchor investor in Lipetsk region
In his speech, Mr. Babaev noted that in the last ten years of operation, Cherkizovo Group had made Lipetsk Region one of the ten largest poultry meat and pork producing regions. The company produces more than 60% of all poultry meat and pork in the region.
Cherkizovo Group (LSE:CHE) Announces Financial Results for the First Quarter of 2014
Moscow, May 28, 2014 — Cherkizovo Group (LSE: CHE; MICEX: GCHE), Russia’s largest meat and fodder producer, announces its financial results for the First Quarter ending March 31, 2014.
Russia’s Pork Output Increased to 113,000 Tonnes in April
Russia’s pork output increased to 113,000 tonnes in April versus 111,000 tonnes in March. This was an increase of 2.2% or 2,400 tonnes compared to March 2013.
Igor Babaev and Deputy Governor of Lipetsk Region Nikolai Tagintsev inspect Cherkizovo’s facilities in the region
Chairman of Cherkizovo Group Board of Directors Igor Babaev and Deputy Governor of Lipetsk Region Nikolai Tagintsev visited the Dankov Meat Processing Plant. During the tour, they decided to hold a higher level meeting in the near future concerning Cherkizovo Group’s investment activities in the region, which includes upgrading the meat processing plant.
Igor Babaev and Tambov Region Governor Oleg Betin Inspect Construction Progress of Tambov Turkey Project
Over two years, the main buildings of a large-scale production facility were erected on the land plot distributed as part of an investment project in Pervomaysky District. The head of the region, Oleg Betin, and Igor Babaev, Chairman of Cherkizovo Group Board of Directors, expressed confidence that if construction continues at the same pace, Tambov residents will get to sample the first products as early as in 2015.