April 16, 2019
Cherkizovo tops meat producer ranking
The group was named the top Russian meat producer for the third consecutive year since the establishment of the ranking by Agroinvestor Magazine in 2016.
The ranking is based on a survey of companies and data from industry associations. According to Agroinvestor, Cherkizovo Group's meat production increased by more than 47,000 tonnes to 702,000 tonnes of slaughter weight in 2018.
The group continued to focus on operational excellence and launched new pig farms in the Lipetsk, Voronezh and Penza regions. Cherkizovo's performance indicators also included sales under the Altaisky Broiler brand in December 2018. The group also closed an acquisition from the Prioskolie holding company on December 5 last year.
This year, Cherkizovo Group is planning to step up meat production to 1.1 million tonnes (live weight excluding meat products), potentially becoming the first Russian company to exceed a one million tonnes threshold in meat production capacity.