The PRODO Group approved the investment strategy for four years

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AK&M 03 April 2023 17:43

The Board of Directors of the PRODO Group approved the development strategy for the period 2023-2026. This is stated in the company's message.

PRODO will focus on two key regions for it – the Central Federal District and Siberia, where most of the Group's enterprises are located. As a result of the implementation of investment projects at the largest enterprises of the company, sales volumes will be increased – at Omsk Bacon by 8.5% per year, and production volumes of the Klinsky Meat Processing Plant by 30% in three years.

The investment project of the PRODO Group in the Klinsky Meat Processing Plant is designed until 2026. In particular, it provides for the construction of new capacities for the production of sliced sausages and the expansion of sausage production. As a result, the production volume of JSC "Klinsky Meat Processing Plant" will increase by 30% to 46 thousand tons per year. The volume of investments in the project is estimated at 2 billion rubles.

Two more major projects on modernization and expansion of capacities will start in the Omsk region at the enterprises of JSC "Luzinsky Feed Mill" and LLC "PRODO Grain". In 2023, the construction of the first stage of the elevator will begin at the Luzinsky Feed Mill. The plant-growing enterprise "PRODO Grain" will begin construction of a new grain-seed complex this year. The volume of investments in these two projects is estimated at 1 billion rubles.

Investments in the expansion of production at another enterprise of the PRODO Group in Siberia – the Omsk Bacon pig breeding complex (Luzino), will allow launching two new fattening sites of 1.7 thousand heads each by August of this year. Thanks to this, in 2024, the volume of sales of products will grow by about 8.5% compared to current indicators.

The PRODO Group is a Russian manufacturer of poultry meat products, sausage products, semi–finished products and meat delicacies. Products under the brands of the PRODO Group are sold in 65 regions of Russia.

Three poultry farms and three meat processing enterprises of the holding are located in the Central, Siberian, Ural and Volga Federal Districts of Russia. The Group also includes enterprises producing raw materials and feed for poultry farms and meat processing plants "PRODO".

The Group produces over 1.7 thousand items of products. The largest brands: "Klinsky", "Omsk bacon", "Troekurovo", "Rococo", "Black Boar", "Yasnaya Gorka".

The owners of the PRODO Group are Andrey Gorodilov (75%) and Irina Panchenko (25%).