Cherkizovo stops pig investments ahead of Russia’s WTO accession
date:May 17, 2012
e future of pig production is still largely undetermined, while other livestock sectors, and poultry in particular, continue to offer good profitability and stability.


Investing [in new pig projects] is probably not profitable: at present we achieve returns on such projects in seven years, but when the price falls [it is projected that the price may drop by almost 1.5 times, to RUB65-RUB70 (US$2.16US$2.32) with VAT] this period will expand to over 10 years, which makes the projects uninteresti
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