Public-private project «Tambov Turkey» reached full capacity

© RIA Novosti / Anton to Deniability in photomaskingPublic-private project «Tambov Turkey» reached full capacity© RIA Novosti / Anton to Danilovmarat the image Bank

Cherkizovo group, one of the largest Russian producers of meat and meat products, has launched the full capacity of the project for Turkey production in the Tambov region, the correspondent of RIA Novosti news from the opening ceremony.

Joint Russian-the Spanish enterprise «Tambov Turkey» is located in Pervomaisky district of the Tambov region. The project was implemented by Cherkizovo together with the Spanish Grupo Fuertes, a construction agreement was signed in may 2012. Investment in the project amounted to 10.2 billion rubles (4.5 billion borrowed) until the end of the year will invest another 1.9 billion. The partners expect that investments will pay off in eight years.

The production capacity of «the Tambov Turkey» — 50 thousand tons in live weight, it can be doubled. Today on the farms of the enterprise contains, more than 1 million birds. The production complex includes an incubator at 5.6 million eggs per annum bookmarks, four rearing sites, nine sites of fattening, feed mill with capacity 180 thousand tons per year, the Elevator with the capacity of 90 thousand tons, a processing workshop.

«Tambov Turkey» became the most successful project implemented in the framework of public-private partnerships. Today, the Group «Cherkizovo» — one of the main strategic investors in our region. A company with Spanish capital is a good example of import substitution, the use of advanced technologies and attracting foreign capital for the development of the Russian economy. The value of such investments to the region unconditional. It comes as new jobs and tax effect, and in the long term», — said the head of administration of the Tambov region Alexander Nikitin.

Cherkizovo group one of the top three leaders on the market of chicken meat, pork, processed meat products and is the country’s largest producer of animal feed; 65% of the share capital of the company controlled by the founder of the group Igor Babaev and his family, 35% are in free float.

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