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April 25, 2012

RUSSIA: Cherkizovo poultry, pork Q1 volumes climb

Russian meat processor Cherkizovo Group has recorded volume increases in both its poultry and pork divisions in the first quarter.

Russian meat processor Cherkizovo Group has recorded volume increases in both its poultry and pork divisions in the first quarter.

Sales volumes in the firm’s poultry division climbed 42% to around 75,860 tonnes in the three-month period. The increase reflected the contribution from Cherkizovo’s newly-launched sites at Bryansk and sales from Mosselprom, which it acquired in May last year.

In the firm’s pork division, volumes increased 12% to around 22,660 tonnes. Volumes in Cherkizovo’s meat processing division, however, slid 12% to 29,115 tonnes in the quarter. The decline, the company said, was primarily due to the closure of an “inefficient” slaughtering facility in southern Russia.

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