23 January 2023

Cherkizovo Group exported over 100,000 tonnes of products in 2022

Moscow, Russia — January 23 – Cherkizovo Group, Russia’s largest meat producer, increased its international shipments by close to 25 % in volume terms in 2022. In Russian rubles, exports were up by more than 40 % as the Company diversified its portfolio to increase the share of high value-added products.

29 December 2022

Cherkizovo Group provides more than 3,000 holiday gifts for children

Moscow, Russia — December 29 – Cherkizovo Group, Russia’s largest meat producer, has prepared for the upcoming holiday season by providing gift sets for children in need. In addition, Company employees have collected toys for the Podari Zhizn charity foundation.

23 December 2022

National indexes of meat supply (IMS), November 2022

Cherkizovo Group publishes industrial meat supply indexes for November 2022. The indexes describe dynamics of meat supply — poultry, pork and beef — in Russia.

Russian Meat Producer Cherkizovo Sees Profit in Food Import Ban

August 11, 2014

Russian meat producer Cherkizovo said Monday that a ban on agricultural imports from the West would probably have a positive impact on the company's business. Russia banned meat, fish, dairy, fruit and vegetable imports from the U.S., the EU's 28 member states, Norway, Canada, and Australia on Thursday in retaliation against sanctions over the Ukraine crisis. "As these restrictions will most likely support meat prices at current levels, this will be favorable for the group's financial performance," it said in a statement.

The poultry and pork producer said it did not immediately plan to increase production this year but would analyze the market environment to work out a mid-term strategy.

The company said it expected a shortfall in the pork market as domestic producers only cover 70 percent of market needs, adding that local farms could close the gap within the next two or three years with state support.

By contrast, the poultry market is already almost fully supplied by local producers and the import ban should have no major impact on prices, it said.

Russia consumes about 4 million tons of poultry and 3.5 million tons of pork a year. Annual import quotas stand at 360,000 tons for poultry and 430,000 tons for pork.

However, Russia banned pork imports from the EU in March this year for veterinary reasons. In July, Cherkizovo said those restrictions had resulted in its average pork selling price rising 50 percent in the first half of 2014.

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