Friday, 14.12.2018
Russia's largest meat producer, Cherkizovo Group, has completed the purchase of Altaysky Broiler from the Prioskolye holding company, Agroinvestor reports. The deal is worth $67 million, and the Russian Federal Antimonopoly Service already approved the transaction, the report says. Cherkizovo announced its intent to acquire the Altay-based poultry producer during the summer. Altaysky Broiler is...
Russia’s Phosagro, one of the world's biggest fertilizer producers, has signed a cooperation agreement in the field of sustainable soil management with the United Nations Food and Agriculture Organization (FAO), RIA news agency reports. "Our strategy is completely consistent with the goals and objectives of the FAO in terms...
Damate, Russian's largest producer of turkey meat, will expand into producing lamb meat in the Stavropol region, Vedomosti reported citing an investment agreement signed with the regional authorities. Representatives of the company commented that while there was no large-scale production of lamb in Russia, the demand for the meat from retailers...
Global wheat traders interpreted tensions in the Kerch Strait between Russia and Ukraine as a short-lived incident, which led to Russian wheat export prices being broadly stable last week as, analysts said on Monday, according to Business Recorder. Russia seized three Ukrainian navy ships and their crews on Nov. 25...
Russia has banned American poultry products from transiting the country’s territory on the way to Kazakhstan, saying that some of these products are being re-exported back to Russia, bypassing the food embargo, Global Meat News reports. In an official statement, the Russian veterinary watchdog Rosselkhoznadzor claimed that the new...
Russia, currently the world's largest exporter of wheat, is preparing to press the EU and the United States even more, renewing its attempts to open the most complex markets for deliveries, Investing.com reports. Success in Iraq, Saudi Arabia and Algeria should finally consolidate Russia's leading position in the Middle East...
Russian Fishing Company Virma has purchased a vessel from Greenland-based Polar Seafood with plans to take its first steps into the country's flourishing shrimp fishery, Undercurrent News reports. Virma is based in Karelia and is part of the Karelia Fisheries Union. This month, it bought the vessel Acadienne Gale II from...
A 30-year-old former computer programmer became Russia's most celebrated cheesemaker after he appeared at a nationally televised event last month, where he praised President Vladimir Putin’s ban on European and U.S. agricultural products, NPR reports. Russia banned European food imports in retaliation for Western sanctions that followed the Kremlin's 2014 annexation of Ukraine's...
The Russian Fishery Company (RFC) has hired seafood sector veteran Soren Dalsager as its chief commercial officer, Undercurrent News reports citing an official company statement. Dalsager joins RFC from Florida-based U.S. tilapia producer Regal Springs as the Russian holding is undertaking a fishing and processing investment program and is looking to “enhance...
Russia’s biggest meat producer, Cherkizovo Group, is planning to build a plant for advanced processing of high-protein oilseeds with a daily capacity of 1.5 kilo metric tons (KMT), the company said. The ground for the project may be allocated in the Yeletsprom special regional economic area, Lipetsk region. The company is...