date:May 17, 2012
The companys CEO Sergey Mikhailov said: The WTO is currently the main issue that shapes our plans. There are still several questions around it, mostly on pork production and meat processing. Due to the decrease in Customs duties, the prices on the national market will be under severe pressure. This is quite a negative factor not only for existing, but also for new pig complexes.
Experts predict that other major players in the Russian agricultural market could follow Cherkizovos example, as th