Key role for Cherkizovo in Russian’s turkey business
Meat giant Cherkizovo's vertically integrated turkey plant in Tambov is responsible for around of the fifth of whole turkey meat production in Russia, but Cherkizovo officials said this could be increased to just under half.
Producing around 50,000 tons of turkey meat per year, Cherkizovo said its plant has the capacity to reach 100,000 tons within the next year. As a whole, Russia produced around 230,000 tons of turkey meat last year.
The statement of intent that comes after the plant in south-east Russia hit full production capacity five years after Cherkizovo entered the joint venture with Grupo Fuertes in 2012 to build a scalable turkey facility. Investment in the factory is close to 179 mill. USD and the company said it is expected that return on investment take approximately eight years, but it offers huge potential in the plant for the future.
The project has made Cherkizovo one of the largest turkey producers in Russia and allows the joint venture partner Grupo Fuertes from Spain to enter into the Russian market.
Every aspect of production is controlled, as the facility includes a feed mill, hatcheries, breeding facilities, fattening and rearing sites, alongside high slaughter and processing capabilities. This allows full control of biosecurity and welfare, protecting both the health and housing conditions of its livestock.