Russian meat processor Cherkizovo has today (11 November) opened three greenfield pork farms in the country.
The sites in the Tambov, Voronezh and Lipetsk regions of central Russia, each have separate breeding, rearing and fattening facilities. The US$130m investment is expected to increase production capacity to 37,500 live-weight tonnes by the end of 2013.
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Cherkizovo Group CEO Sergey Mikhailov said: “The new sites in Tambov, Voronezh and Lieptsk will enable Cherkizovo to increase production capacity in the high-margin pork segment, and their proximity to Cherkizovo’s existing pork and processing facilities will offer significant future synergy benefits for the group.”
The company began construction at these sites last autumn, with breeding facilities at all three complexes being launched this year. The building of rearing and fattening facilities has started and is expected to be completed next year.
