Cherkizovo plans to expand poultry production at Altaisky Broiler
Cherkizovo Group plans to increase production at its Altaisky Broiler plant in Siberia to 120,000 tonnes of live-weight poultry per year in the next couple of years, disclosed Igor Babaev, the founder of the Group. He made the announcement at a meeting with Viktor Tomenko, governor of the Altai Territory. The parties also discussed the Company's plans to expand pig farming and grain production in the region, said cherkizovo in a press release.
In July, the facility was partially destroyed by a fire but operations quickly resumed. According to Igor Babaev, the founder of Cherkizovo Group, Altaisky Broiler resumed operations in a record short time – just over three months after the fire. It will take a few more months before the enterprise reaches its original capacity of 6,000 heads per hour, with plans to significantly increase production going forward.
“Over the next two years, we will hit the capacity of 10,500 heads per hour, which will enable us to produce close to 120,000 tonnes of live-weight poultry per year against the current 73,000 tonnes. To make these plans a reality, the Company is building six new birdhouses ahead of schedule in the Zonal District and will invest a total of RUB 10 billion ($142 million) in the facility’s expansion,” said Mr. Babaev.
In addition to the poultry facilities Cherkizovo was considering new pig farming and grain production projects in the Altai Territory provided that the Company succeeds in expanding its land bank. “This is something that we intend to work on with the territory’s government. In particular, we have plans to launch grain production projects next year leveraging advanced technologies and our experience in the Central Federal District, where we have achieved some of the best results in Russia growing soybeans and winter and spring wheat,” added Mr. Babaev.
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