"Russia is increasing meat production: huge investments and new projects at the government forum."

In Russia, the modern meat industry has been developed, and its capacity has almost doubled over the past 15 years, President Vladimir Putin announced during the St. Petersburg International Economic Forum (SPIEF). Currently, the country ranks fourth in the world in terms of meat production volume and is increasing its exports. The President noted that meat self-sufficiency has reached 100%, and the level of meat consumption exceeded 80 kg per person by the end of last year. Despite this, several agreements on projects in the meat industry were signed at the SPIEF. The company "Agroinvestor" gathered the most notable of them.

One such company is "Damate," the largest turkey meat producer in Russia. It plans to invest over 16.5 billion rubles in expanding the project to increase its production capacity by 27% - from 207,000 tons to 264,000 tons in slaughter weight annually. The corresponding agreement was signed with the government of the Penza region.

As part of this project, "Damate" plans to build five poultry blocks consisting of turkey breeding houses. The project also includes the creation of infrastructure facilities such as feed storage bunkers, sanitary checkpoints, warehouses for litter material storage, weighbridges for turkey shipment, and areas for composting litter material. The company's CEO Andrey Sedov mentioned that the turkey meat market continues to grow, and expanding "Damate's" production capacity is a logical decision.

Furthermore, the company plans to modernize production in the Rostov region to increase turkey and duck meat production. The investment volume will exceed 34 billion rubles. Through project implementation, the enterprises' capacities for turkey breeding will increase to 120,000 tons per year and for duck breeding to 38,000 tons. Last year, the company produced 237,000 tons of turkey meat and 13,700 tons of duck meat.

The "Cherkizovo" group of companies plans to invest 2.3 billion rubles in projects in the Penza region. These projects involve improving ecological and biological safety, building a pig complex, and modernizing the meat processing plant and poultry factory equipment. Additionally, "Cherkizovo" plans to expand poultry capacities in the Voronezh region, as well as in the Kaliningrad, Chelyabinsk, and Astrakhan regions.

The company "Agroeko" intends to invest 8.6 billion rubles in meat processing development in the Voronezh region. This will increase deep meat processing production volumes and create up to 700 new jobs. The company also plans to invest 5.5 billion rubles in building pig complexes in the Tula region.

"Miratorg" and the Belgorod region have signed cooperation agreements on projects with investments of 11.8 billion rubles. These projects include launching a new production line for cutlets for the "Vkusno - i tochno" network, building a feed plant for aquaculture, and modernizing the "Korocha" pig complex.

The agricultural processing supply and consumer cooperative "Ecoptitsa" plans to invest 10.5 billion rubles in poultry projects in the Lipetsk region. The project will involve constructing a slaughtering and processing plant for poultry meat and setting up three poultry houses for broiler growing.

The agroholding "Doronichi" will invest 6.87 billion rubles in increasing broiler meat production in the Kirov region. They aim to raise the volume of output to 60,000 tons per year.

RNCB Bank has signed agreements with GK "Skvortsovo" for implementing investment projects in Crimea amounting to around 4.9 billion rubles. These projects include constructing and modernizing a poultry complex, as well as building and acquiring equipment for a pig farm.

The goal of the project developed based on the company "Sitno" in the Chelyabinsk region is to establish production of parent forms of "Smena-9" broiler crosses. The project is estimated at 4 billion rubles, and the first batch of chicks is expected in 2025.

GK "Tavros" plans to invest 2.7 billion rubles in building a mixed feed plant and renovating the "Rodnikovsky" pig complex in the Chelyabinsk region. Upon project completion, the pork production volume will reach around 25,000 tons per year.

The poultry farm "Vladimirovskaya" intends to invest 2.4 billion rubles in modernizing and reconstructing its facilities in the Astrakhan region to increase broiler meat production.

The poultry farm "Yaroslavsky Broiler" plans to implement a project to build four poultry units and two areas in the Rybinsk district for 1.3 billion rubles.

Thus, at the St. Petersburg International Economic Forum, numerous agreements were signed for implementing projects in the meat industry, indicating further growth in this sector and an increase in meat production in Russia.