Cherkizovo Founding Family Increases Ownership

by 5m Editor
24 January 2014, at 7:27am

RUSSIA - Cherkizovo Group’s founding family increased its ownership in the Company by 1.7 p.p., from 62 per cent to 63.7 per cent.

“Our decision illustrates our confidence in Cherkizovo’s future," said Sergei Mikhailov, Cherkizovo CEO and shareholder.

"After a very challenging 2013 we see a very strong growth potential, that is not yet, in our view, fully reflected in our share price."