Miratorg boosts pork production 8% in 9M
BELGOROD. Oct 14 (Interfax) - The Miratorg agribusiness holding increased pork production by 8% year-on-year to 273,000 tonnes in living weight in January-September 2014, the company's press service said.
"The growth is attributable to the opening of production capacity at new sites in the Kursk region. Miratorg is considering the possibility of creating a new vertically integrated pig breeding division in Kursk region with a capacity of up to 4 million head a year," the statement said.
The press service also said that the holding's Korocha meat processing complex in the Belgorod region produced 199,000 tonnes of products for the 9M, which 6% more than in the same period of 2013. The output of products in consumer packaging increased by more than 40% to 25,800 tonnes.
In addition, after increasing the effectiveness of the technological process at the processing plant, daily production capacity increased by 9% to 9,100 heads, which will increase the enterprise's production performance and reduce expenses in the future.
CJSC Korocha is one of Russia's largest enterprises for the slaughter and processing of pork.
Miratorg, established in 1995, is one of the largest pork and fodder producers in Russia and is also one of the leading operators on the Russian food market. The companies in the holding provide full-cycle production "from the field to the counter."
The holding includes grain companies, fodder plants, elevators, 27 major automated hog farms, meat processing company CJSC Korocha, a transport company, five low-temperature automated distribution centers and a distribution company with branches in major cities around the country. It has invested more than 120 billion rubles.