Cherkizovo opens a new pig farm in the Penza Region
Last week, Cherkizovo Group inaugurated its sixth pig farm in the Penza Region, a strategic location for its pig production business. The previous local site was launched in June 2019.
Cherkizovo’s pig farms in the Penza Region feature combined wean-to-finish facilities with an annual output of 5,100 tonnes of live-weight pork. A facility like this requires over RUB 550 million ($8.4 million) of investments. Each site is designed to house more than 20,000 pigs at a time, or up to 40,000 market hogs per year, mentioned the company in a press release.
“The Penza Region is of strategic importance for Cherkizovo Group. It is home to all major segments of our business – grain and feed, poultry, pork and meat processing,” said Leonid Izmailov, Head of Investment Projects at Cherkizovo Group.
The company is considering building an additional 40 pig farms in the Penza Region as it intends to bring pork production in the area to 300,000 tonnes per year in the next five to seven years.