Cherkizovo Group CEO Sergei Mikhailov: We’ve lost all hope of anything going down in price — we can only hope nothing goes up any further
Industrial Meat Supply Index (IMS Index — Cherkizovo Group Analytics), January — March 2019
Industrial Meat Supply Indexes (IMS Index — Cherkizovo Group Analytics), January 2019
Industrial Meat Supply Indexes (IMS Index — Cherkizovo Group Analytics), January — December 2018
Industrial Meat Supply Index (IMS Index — Cherkizovo Group Analytics), January — November 2018
National indexes of meat supply (IMS), January — October 2018
Cherkizovo Group continues publishing industrial meat supply indexes. The first publication described the dynamics of meat supply in Russia during January — September 2018. The current presentation takes into account the latest available data — for October 2018.
Presentation: Industrial Meat Supply Index (Cherkizovo Group Analytics)
CHERKIZOVO GROUP — A healthy appetite
Russians like to eat meat, and with total consumption last year back to the levels they enjoyed before the financial crisis of 2014, it’s a safe bet that the
animal-basedfood products gracing Russian dinner tables were produced in one way or another by the Cherkizovo Group.
Cherkizovo targets Voronezh region for expansion
Company is building an additional 32 poultry houses in region
Booming meat plant to play key role in Russian turkey surge
Cherkizovo Group’s turkey plant, run in a joint venture with Spain’s Grupo Fuertes, hit full capacity this week and company executives hope to double the factory’s throughput.
Russia’s Cherkizovo opens replacement chick facility
Company hopes to achieve 90 percent
self-sufficiencyin hatching eggs. Cherkizovo Group has launched its first replacement chick site at its new poultry production facility in the Lipetsk region of Russia.
Sergei Mikhailov: A vow to make Russia a global meat player like the US
This year, Cherkizovo is ranked first in the Agroinvestor’s list of Russia’s largest meat producers, an accolade that came after it had hown its ability to deliver consistent growth despite a volatile domestic market.
The first phase of the Tambov Turkey complex has been put into operation
The first phase of the Tambov Turkey complex has been put into operation, a spokesman for the regional administration told RIA Novosti.
Cherkizovo Charges in Swine Array
Cherkizovo Group wants to increase pork production by 70 % to 330,000 tonnes by 2022. Sberbank CIB is financing a project for a new pig cluster costing 19.2 billion roubles, the bank and the group said in a joint statement.
Sberbank increased Cherkizovo Group’s line of credit by 2 billion roubles to 5.8 billion roubles
MOSCOW, June 3 — RIA Novosti/Prime. Moscow Bank of Sberbank of Russia has increased line of credit financing for Cherkizovo Group by 2 billion roubles to 5.8 billion roubles according to the bank’s press release.
Radio Mayak. Business Program “Office. Interview”
Live broadcast with Alexander Kostikov.
Igor Babaev: Russia may benefit more from development of the “grain shelf” than from oil
Founder and Chairman of the Board of Directors of the
agro-industrialCherkizovo Group spoke to TASS about why the company intends to grow as an exporter of grain and not meat, and why Russia needs to double or triple the country’s grain harvest.
Liski shelter receives a gift of a new playground and equipment
Residents of the shelter accepted gifts from Lisko Broiler today.
Cherkizovo Increased Poultry Sales by 22 % in 2014
Cherkizovo Group increased poultry sales by 22 % and pork sales by 8 % according to the company’s operating results for 2014 published today. The sizable increase in the company’s production is due to the purchase of Lisko Broiler in March 2014 (production after the merger was 58,000 t). At the same time, the price in rubles for the year increased by 18 % to 90.7 RUB/kg (VAT exclusive). However, the price rose by only 2 % to 100.86 RUB/kg in the fourth quarter compared to the third quarter.
"If it's not a poor harvest, it's some kind of infection or a global disaster"
Pigs Lift Cherkizovo to Record Highs
They Really Think we're the Aggressors!
Will a US Investment Guru Buy Cherkizovo Group?
Tom?s Fuertes: "Our business will double in 10 years"
Cherkizovo Will Pay Investors
Government Subsidies Are Always Needed — Sergei Mikhailov, CEO of Cherkizovo Group
Russian Meat Producer Cherkizovo Sees Profit in Food Import Ban
Cherkizovo Group has Rebranded
LISKO Broiler Asset in Voronezh Region has made Cherkizovo Group Country's Leading Poultry Producer
According to Cherkizovo's operating results for the 1st half of 2014, the LISKO Broiler poultry factory has produced more than 22,500 tonnes of poultry meat since becoming part of the agricultural holding. Cherkizovo’s poultry meat production totalled 205,800 tonnes in the first six months of this year according to the company's report for the first half of the year.
Ludmila Mikhailova: "We are interested in the top 10 poultry producers"
The Chief Financial Officer
and co-ownerof Cherkizovo Group talks about the Company's development strategy, plans for consolidating the poultry meat market, and why the future belongs to big agribusiness.
Kurinoe Tsarstvo About to Complete Construction of Poultry Complex for 1.5 Bln RUR
The Head of Dankovsky District Valery Faleev told Abireg that in September 2014 Kurinoe Tsarstvo (Cherkizovo Group) plans to start operating its 1.5 billion rouble poultry complex under construction in Dankovsky District, Lipetsk Region.
Cherkizovo to Focus on Its Poultry Division
In a speech at the “Russian Agricultural Holdings. Summer 2014” conference, Cherkizovo Group CEO Sergei Mikhailov announced that the company would concentrate its primary efforts on its Poultry Division.
Cherkizovo Set for Slaughter
The Group is investing nearly 800 million roubles in the Dankov Meat Processing Plant.
While Egg is Warm. SmartNews Visits Europe’s Largest Poultry Factory
Thanks to 4.5 billion investments, the Vasilievsky poultry factory in Penza Region, which is part of Cherkizovo Group, has become the largest poultry producer in Europe. A SmartNews correspondent visited the factory and found out how poultry meat is produced, why workers are constantly showering, and whether or not they eat chicken at home.
Cherkizovo Group Expects its 2014 Grain Harvest to Increase by 45 % to 250,000 Tonnes
Cherkizovo Group, one of Russia’s largest producers of meat and meat products, is forecasting a grain harvest of 250,000 tonnes bunker weight in 2014, an increase of 45 % from the previous year, as the company reported.
Cherkizovo Acquires LISKO Broiler for 5 billion roubles
AIC Mikhailovsky (part of Cherkizovo Group) has acquired 100 % of Lisko Broiler CJSC, which includes Lisko Broiler LLC, the largest poultry meat producer in Voronezh Region. The deal was worth 5 billion roubles.
Moody’s: Cherkizovo Group’s Financial Indicators Will Recover in 2014 on the Market’s Improvement
According to analysts at international rating agency Moody’s, after a decline last year, the financial indicators of Cherkizovo Group, one of Russia’s leading manufacturers of meat and meat products, will recover in 2014 thanks to improvement in the market situation, especially in the pork division.
Grupo Fuertes and Cherkizovo Group Will Invest 7.5 Billion Roubles in Construction of Meat Processing Complex
Spanish company Grupo Fuertes and Cherkizovo Group OJSC will invest 7.5 billion roubles in construction of a turkey meat processing and production complex in Tambov Region, according to a statement by Sberbank CIB, which arranged financing from Sberbank. Grupo Fuertes and Cherkizovo Group will jointly invest more than 3 billion roubles of their own funds.
Cherkizovo increased sales in its poultry division by 7 % to 342,600 tonnes in 2013
Cherkizovo Group OJSC, one of Russia’s largest meat and processed meat producers, reports a 7 % increase in sales in its poultry division to 342,640 tonnes of slaughter weight
as of year-end2013 compared to the previous year.
Cherkizovo Group is ideally suited
Pork Prices Rally
Cherkizovo Increases Poultry Meat Sales by 4 % and Pork Meat Sales by 50 % in First Two Quarters
The Cherkizovo Group’s total sales volume in the poultry division in the first half of 2013 grew by 4 %, to nearly 165,114 tons of sellable weight, compared to 158,345 tons in the same period last year, the company said.
Cherkizovo Group Plans to Harvest More Than 150 Thousand Tons of Grain in 2013
In early July, the Cherkizovo Group’s grain facilities began harvesting yields in the Voronezh and Orlov Regions, according to a press release by the group. As of July 22, it had already threshed more than 27,000 tons of grain.
PepsiCo Senior Executive to Raise Cherkizovo Pigs
RBC daily has learned that Cherkizovo Group has named Alexander Zhukovsky general managerofthe pork division.
Specialized Grain Receiving Line Starts Operating in Lipetsk Region
An automated grain receiving centre has started operating at the Lev Tolstoy Feed Mill. The owner of the mill is Lipetskmyasoprom OJSC, a company managed by Cherkizovo Group. All processes are fully automated, with grain cleaning, drying, and storage in one place.
A Livestock Breeding Cluster is Planned in the Altai Republic
Cherkizovo Group OJSC is willing to consider developing
a special-purposeselective sheep breeding cluster in the Altai Republic.
The Governor of Penza Region visits the construction site of a grain storage facility
Governor of Penza Region Vasily Bochkarev and Chairman of the Board of Directors of Cherkizovo Group Igor Babaev visited the Kamensky District site where construction of one of the largest grain storage facilities in the region is currently ongoing.
Turkey whets the appetite at Cherkizovo
A joint venture between Grupo Fuertes, Spain’s largest turkey meat producer, and the Russian company Cherkizovo Group to produce and process turkey meat in Tambov Region is increasing its capacity, while investments in the project are growing. Instead of the originally announced 4.5 billion rubles of investments and capacity of 25,
000-30,000 tonnes of meat per year, a complex with capacity of 40,000 tonnes per year will be built in Pervomaisky District with investments of 6 billion rubles.
A new full cycle agroindustrial complex will operate in Elets
Governor Oleg Korolev discussed the implementation of large investment projects in Lipetsk Region at a working meeting with officials of Cherkizovo Group.
Profitability Returning to Russian Pork Farming
In the second quarter the largest Russian holdings have noted an improvement in the pork market as it gradually makes its way out of recession. Cherkizovo observes the improved market situation, reported the Group in a report. Prices on grain, according to their data, are falling: the price on wheat was at nine rubles per kilogram by May, 30 % lower than its peak value.
Cherkizovo: the situation in the meat industry is improving
The first quarter of the year was very difficult for meat producers in Russia. Grain prices reached a historic high, while pork prices fell throughout the quarter, Cherkizovo reports. However, the situation has started to improve.
Cherkizovo Group anticipates 30 % increase in grain yield in 2013
OJSC Cherkizovo Group, one of Russia's leading integrated and diversified meat producers, has completed a sowing campaign and expects a 30 % increase in grain yield to 150,000 tonnes if favorable weather conditions continue, the company said in a press release.
Cherkizovo ups poultry sales 6 %, pork 58 % in Q1
The Cherkizovo Group boosted poultry sales 6 % and pork sales 58 %
year-on-year in Q1 2013, the company said in a statement.
Cherkizovo floats $95m CP
Cherkizovo Group has fully placed series BO — 04 commercial paper worth RUB 3bn (approx. USD 95.39m), the agricultural holding said in a statement.
Russia’s Cherkizovo Group acquires meat plant for 38.5 mln rbl
Russian meat processor Cherkizovo Group has completed the acquisition of Dankovsky Meat Plant, located in the Lipetsk Region, for 38.5 million rubles, the group said Monday in a statement.
Russia's Cherkizovo deemed free of African swine fever
Monday Russia's Veterinary
and Phyto-SanitarySurveillance Service (VPSS) has confirmed the absence of African swine fever (ASF) at any of the company's pork facilities.
Cherkizovo turns a profit on pork
Despite current difficulties in pork breeding, Cherkizovo Group managed a 66 % profit increase in 2012, up to $225.2 million.
Russians are eating meat like the doctor ordered
“We clearly see how consumer demand is shifting from frozen imported products to domestic production of chilled meat”, says Alexander Kostikov, spokesman for Cherkizovo Group.
Cherkizovo Group invests 500 mln roubles in renovation of the processed meat product facility at its flagship Cherkizovsky Meat Processing Plant
Cherkizovo Group invests 500 mln roubles in renovation of the processed meat product facility at its flagship Cherkizovsky Meat Processing Plant said in the company statement.
Russian poultry factory awarded at Berlin’s Green Week
Kurskaya poultry factory, which is part of Russian meat producer, Cherkizovo Group, was praised at the international food industry exhibition during Berlin’s Green Week.
Cherkizovo suggests establishing a meat intervention fund in Russia, similar to the grain intervention fund
“One of the most effective mechanisms to stabilize the Russian meat market could be a special intervention fund, in which pork and poultry meat will be purchased by the State,” said Sergei Mikhailov, the CEO of Cherkizovo Group, one of the largest Russian producers of meat and meat products.
Russia’s Cherkizovo to launch 1 bln rbl poultry plant in ‘13
Russian meat processor Cherkizovo Group will launch the Zarechnaya poultry facility in the Penza Region this year having invested 1 billion rubles in its upgrade after
a 14-yeartermination, Igor Babayev, chairman of the board of directors, said Tuesday.
Cherkizovo Group completed a the construction of three Greenfield pork farms. The investment in the project has exceeded 4 billion roubles.
Cherkizovo Group completed the construction of three Greenfield pork farms located in Voronezh, Lipetsk and Tambov regions. Total capacity of three complexes — 37 500 tonnes of live weight pork per year.
We are the shark now
Russian agriculture in the Far East has the potential to attract billions in investment, but it doesn’t have a hundredth of this money at the moment. However Cherkizovo Group is ready to take a risk and invest hundreds of millions of dollars in the development of agricultural projects in the region. The founder and Cherkizovo Chairman of the Board Igor Babaev, told RBC daily’s reporter Aleksei Kuzmenko.
Pork prices will stabilise at the end of the year — Cherkizovo Group CFO
Pork prices were much lower in the second and third quarter of this year but will stabilise in December and early next year at 70 roubles per kilogram of live weight, said Cherkizovo Chief Financial Officer Ludmila Mikhailova in a conference call.
Cherkizovo net profit on US GAAP for the third quarter of 2012 increased by 64 % to 62.8 million
According to unaudited financial statement, in the third quarter of 2012 compared to the same period in 2011, net profit of Cherkizovo Group on US GAAP, increased by 64 % to 62.8 million, the company announced. In roubles this index rose by 79 %, up to 2 billion to 10.5 million roubles.
Russia’s Cherkizovo launches 2nd line at Kaliningrad meat plant
Russia’s Cherkizovo Group, one of the country’s largest meat processors, has launched the second line of its meat processing plant in the Kaliningrad Region, the company said Monday.
Vyacheslav Shport visited
pig-breedingcomplex in the Lipetsk region
The Governor was invited by Cherkizovo Group, which is going to create livestock cluster in the Khabarovsk region
Igor Babaev, Cherkizovo Group Chairman, visits Far East Region of Russia
Mr. Igor Babaev, Chairman of Cherkizovo Group and Mr. Musheg Mamikonyan, Independent Member of the Board and President of the Russian Meat Union, visited the Far East Region of Russia. During the visit, Mr. Babaev held meetings with Igor Averin, Deputy Far East Development Minister, Vyacheslav Shport, Governor of Khabarovsk region, other local authorities and business leaders.
Cherkizovsky announces the expansion of their sausage range
In October, Cherkizovo Group’s flagship Cherkizovsky meat processing plant provided consumers with a new line of sausages produced in strict accordance to the state standard of quality.
Cherkizovo supports new tax rate
“Cherkizovo” Group welcomes the establishment of a zero tax rate on profits for agricultural producers, the company said a in statement.
TOP — 1000 Russian managers. Section — Consumer goods production
Rose by 46 % compared to the same period last year
Cherkizovo increased its profits by a third in Q2 12/11 and are pleased with the Agrarian Policy of the Russian Federation
Investing for the future
Cherkizovo Group shows growth in Pork
Cherkizovo Group increased sales of poultry meat by 34 % in the first half of 2012
re-electedas Chairman of the Board of Directors of Cherkizovo Group
Cherkizovo Group invests in swine nucleus unit and acquires active land bank in the Black Earth Region to secure grain supply
FAS permitted structures of Cherkizovo to buy Voronezhmyasoprom
Agroresurs-Voronezh— structure of Cherkizovo — has insured its pigs from fire and flooding
Cherkizovo will not pay 2011 dividends
OJSC Cherkizovo Group will not pay dividends for 2011, the company announced after its Annual General Meeting held on June 29.
Cherkizovo: Warning of weak poultry prices
Russian chicken and pork producer Cherkizovo said that growth in poultry prices would be negligible in 2012, casting doubt over first quarter profit figures.
Cherkizovo Group toprepare for independence. Minority shareholders contest the purchase of Voronezhmyasoprom
Cherkizovo grows its meat business
Cherkizovo Group, one of the largest Russian
agro-companiesand meat producers, whose shares are quoted on the stock exchange, has made several large acquisitions in the livestock segment. On 13th June the company announced the acquisition of a swine nucleus unit in Voronezh region, which can produce about 10 thousand animals. In total, the company acquired a land bank of approximately 30 000 ha, as well as elevators designed for storage (the aggregate capacity is 150 thousand tonnes) in the same region and in Penza (capacity is 60 thousand tonnes). The acquisition cost of assets which was united in the company Voronezhmyasoprom comprised of 4.46 billion roubles, of which about half (2.8 billion) is debt belonging to the former owner and the remaining part (1.26 billion) would be paid in shares and cash in nearly equal proportions.
Cherkizovo Group prepares for a meeting with the WTO
Cherkizovo Group announces the acquisition of «Voronezhmyasoprom», a set of agricultural assets in Central Russia for 4.46 billion roubles. Among them is a swine nucleus unit in the Voronezh region, elevators in Voronezh (designed for storing 150 thousand tonnes) andPenza fields (60 thousand tonnes with the prospect of increasing to 90 thousand tonnes), a fodder plant under construction and a land bank of approximately 30 000 ha in the Voronezh region (about 25 thousand ha are included within the agricultural turnover). The value of the acquired assets includes 2.8 billion roubles of debt, which Cherkizovo Group will take on. Payments will be made in cash to the value of 1.26 billion roubles and 795 thousand shares of Cherkizovo Group. aTransaction approval must be sought from the Federal Antimonopoly Service of Russia.
Cherkizovo Group will be strengthened by the acquisition of Voronezhmyasoprom
Yesterday, Cherkizovo Group announced the acquisition of Voronezhmyasoprom, a set of agricultural assets, “in order to strengthen the vertical integration of the business”.
Breeders from Cherkizovo Group
Cherkizovo Group will launch a pig farm in the Lipetsk region, with a capacity of 12.5 thousand tonnes of meat per year, by the end of June
CJSC Lipetskmeat will finish the construction of a pig farm complex in the Volovskoi district of the Lipetsk region this year, with a capacity of 12.5 thousand tonnes of meat, the regional administration reported. According to the plans, the fourth pig fattening facility will be opened in June. Works at the facility have already been completed, along with the installation of equipment. The total number of livestock on the platforms that are already in operation is 29 thousand heads; the estimated capacity of the whole farm is about 12.5 thousand tonnes of live weight meat per year.
Cherkizovo Group sees IFRS net profit more than double to $39.3 mln in Q1, beats forecasts
Cherkizovo and Grupo Fuertes Launch Turkey Meat Joint Venture
Cherkizovo forming JV with Spain's Grupo Fuertes for production of turkey meat
Cherkizovo increases pork sales 12 % in Q1, poultry sales up 42 % (Part 2)
Сherkizovo Opens Poultry Breeding Facility at Bryansk Site
Russia’s Cherkizovo to boost pork, poultry mkt share to 20 %, 30 %
Russia — Bonds of Cherkizovo Group are transferred to quotation list "A1" on MICEX
Cherkizovo completes buyback, buys 2 % of shares for $18 mln
Cherkizovo Meat 4Q Net Profit Rises 13 % to $39.3 Mln
Cherkizovo Transfers Shares to A1 List on MICEX
OJSC Cherkizovo Group, one of Russia’s leading integrated and diversified meat producers, has transferd of its shares onto quotation list ‘A 1’ at MICEX.
OJSC Cherkizovo Grp CHE Rearing Facilities launched at New Pork Complexes
OJSC Cherkizovo Group (LSE: CHE) one of Russia's leading integrated and diversified meat producers, announces the launch of production modules at three new pork complexes.