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.

Sberbank increased Cherkizovo Group’s line of credit by 2 billion roubles to 5.8 billion roubles

June 3, 2015

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.

It notes that the funds will be directed to the group’s current activities.

“We see cooperation with Cherkizovo Group as a strategic partnership and are pleased with its growth. Financing import substitution projects is one of our priority objectives,” the press release states, quoting Denis Konstantinov, Chairman of Moscow Bank of Sberbank of Russia.

He added that the recent credit limits established for Cherkizovo Group will promote expansion of Russia’s agroindustrial sector.

Cherkizovo Group is one of three largest companies serving the chicken meat, pork, and processed meat markets and is the country’s largest feed manufacturer. Igor Babaev, the founder of Cherkizovo Group, and his family control 65 % of the company’s equity, and the remaining 35 % is free float. Net income of Cherkizovo Group under US GAAP in 2014 increased 5.4 times to $345.7 million.