OREANDA-NEWS. According to the results of the operating activity in the first quarter of 2013 the leading Russian producer of pork and feed ABH Miratorg continues to demonstrate performance growth.

Feed production

In the first quarter of 2013 a total volume of Miratorg feed production amounted to 254, 8 K tons, which is 56% more than in 2012 (163,370 K tons). In 2013 there is commission of the fourth feed mill plant planned in Bryansk region with production capacity of 360 K tons. Estimated production capacity of all 4 feed mill plants in both Belgorod and Bryansk regions will amount to 1, 46 million tons per year. The total volume of the simultaneous grain storage amounts to 575 K tons. A planned feed production volume in 2013 totals 1,12 million tons which will allow to provide feed to 2,7 million pigs at Holding swine plants as well as 9 million birds at Miratorg poultry plants. At the moment the company is the largest feed producer in Russia.

Pork production

Over the first 3 months of 2013 the Miratorg pork production volume amounted to 86, 513 K tons in live weight which is 49% more than in 2012 (57, 909 K tons). Production growth by 28, 604 K tons in live weight is mainly due to the full capacity work of swine plants launched in 2012 as well as performance growth at existing swine plants.

Meat processing

A production volume of the meat processing plant ABH Miratorg CJSC SP Korocha (Belgorod region) amounted to 58 K tons over the first 3 months of 2013. Performance growth compared to the same period in 2012 (33 K tons) amounted to 76%. Considering that, production volume growth in selected categories is as follows: 56% for products in industrial packaging and 26% for products in consumer packaging.

At the end of the second quarter of 2013 the company is planning to launch a high-technology project Case ready (pork production in consumer packaging) at the capacity of 72 K tons and investments of 5 billion rubles at CJSC SP Korocha. The implementation of this project will allow the company to significantly expand the range of value-added products in consumer packaging and to offer consumers high-quality product at the best price by increasing the volume of production. Product range expansion in consumer packaging will make the company less dependent on fluctuation in market prices of carcasses sides and industrial packaging.

Distribution

Miratorg sales volume over 3 months of 2013 amounted to 90,4 K tons which is 39,7% more than over the same period in 2012 (64,7 K tons). Holding continues to gradually increase the sales volume of its own products within the strategy of import substitution.

Semi-products production

In 2012 the reconstruction of LLC Miratorg-West production plant located in Kaliningrad region was successfully finished. Today it is the largest in the country export-oriented enterprise for production of finished and semi products made of pork, beef and poultry, unique in Russia in terms of production procedures organization level , sanitary safety standards and applied technologies. Enterprise production capacity amounts to 60 K tons per year.

In addition to production under its own trade marks “Miratorg”, “GurMama”,the enterprise continues to successfully cooperate with McDonalds as well as restaurant chains “Burger King” and “Carlos Junior”. Along side Miratorg-West is actively engaged in expanding of sales market both through new customers within the domestic country and in the Baltic countries and CIS.

Projects in progress:

Beef production project

To date, within the framework of the Holding project implementation in Bryansk region there were completed 24 farms for cattle management , 21 of them were stocked with Aberdeen Angus arrived from Australia and the USA, and the total cattle volume amounts to 75 000 heads (where 4 200 are calves born at Miratorg Bryansk farms within the period: spring – autumn 2012). Next shipment is planned for the end of April of the current year. 5 300 heads of cattle will be stocked at Zhitnya farm in Pochep region. During the year 2013 the company is planning to finish the construction of 3 farms and to stock 6, and the planned breeding stock volume to the end of the year is 110 K heads.

Poultry project

Under the poultry project at the moment Miratorg is building 7 broiler farms as well as a modern meat processing plant, hatchery, and feed mill plant with elevator in Vygonichi district in Bryansk region. In Trubchevsk district of Bryansk region 12 poultry sites are now being built. 2 rearing sites are stocked with poultry. Total poultry volume at the moment amounts to 150 000. The next shipment is planned for the end of May, and until the end of 2013 there are 6 similar shipments planned. Thus, the planned breeder poultry volume will amount to 600 K to the end of the year. In 2013 commission of 10 out of 12 planned sites for growing and managing breeders is planned as well as the settlement of the first 3 poultry sites for growing broilers.