Cherkizovo Group PJSC (GCHE)

Overview

Public Joint Stock Company Cherkizovo Group, founded in 1974 and headquartered in Moscow, Russia, embodies a leading figure in the meat production and processing industry. This corporate entity has established a significant presence both within the Russian market and internationally, embodying a comprehensive operation that foresees the oversight of diverse meat production segments. These include Ready-to-eat (RTE) Meat Processing, Chicken, Pork, and Grain. The Cherkizovo Group's business model is a vertically integrated structure that encompasses breeding, farming, processing, and marketing, enabling control over the quality and safety of its products throughout the supply chain.

Products and Services

The Cherkizovo Group offers a broad spectrum of products and services across various segments:

• Ready-to-eat (RTE) Meat Processing: Within this segment, the company prides itself on producing a wide variety of processed meat products. These include sausages, ham, hot dogs, and other RTE delicacies designed to meet the versatile tastes and preferences of consumers. The focus on convenience and quality makes these products popular among a broad consumer base.
• Chicken: The Cherkizovo Group is involved in the complete cycle of chicken production - from breeding and raising broilers to processing. It offers chilled and frozen chicken products, catering to both retail and foodservice clients. The dedication to maintaining high standards of food safety and quality assurance ensures the premium status of its chicken offerings in the market.
• Pork: This segment addresses the breeding, raising, and sale of live pigs as well as the production and sale of pork meat. By managing the entire pork production chain, the Cherkizovo Group guarantees the superior quality of its pork products, aligning with consumer demand for healthier and safer meat options.
• Grain: In its endeavor to control every aspect of its production line, the Cherkizovo Group also engages in the farming of wheat and other essential crops. This vertical integration aspect of the business not only ensures a steady supply of feed for livestock but also contributes to the sustainability of the group’s meat production operations.
• Other Products and Services: Additionally, the Cherkizovo Group’s business extends to the purchase and resale of turkey meat, sale of non-hatchery eggs, and offering other related services. This diversification of products and services allows for a comprehensive approach to meeting the needs of its wide customer base.

The assortment of products is marketed under several brands, including Cherkizovo, Petelinka, Chicken Kingdom, Pava-Pava, Imperia Vkusa, Kurinoe Tsarstvo, and Pit Product, each tailored to resonate with specific customer segments and preferences.