One of the biggest players in Russia’s meat industry, Cherkizovo Group, has said it wants to expand to the Voronezh region, Just Food reported.
The company, which this month also revealed plans to invest $115 million in its meat processing capability in the Moscow region, has now announced that over the next decade it will be expanding its operations in Voronezh. It said its top priority is to acquire more land in the area.
Cherkizovo is already Voronezh’s largest poultry producer, since acquiring Lisko Broiler in 2014. The company has announced new plans to build a further 32 poultry houses in the region. Together with the expansion of its slaughterhouse, the cost of the investment is estimated at $33 million.
Cherkizovo said that when fully operational, the company’s poultry meat output in the region will increase 20% from the current 110,000 metric tons per year to 130,000 metric tons.
The announcements were made at a meeting between Cherkizovo founder Igor Babaev and Aleksey Gordeev, the governor of the Voronezh region. Prior to this announcement, plans by Cherkizovo, one of the largest sausage producers in Russia, to add to its meat processing capacity in the Moscow region were revealed at the St. Petersburg International Economy Forum.
