Investment projects and corporate social programs. Agricultural holding CHUVA summed up the results of 2023

The main challenges are internal

The main challenges of 2023 for CHUVA did not come from the external environment, but were mainly internal, related to increasing the efficiency of the team and processes. This applies to all areas of the company's activities.

Personnel today are a particularly valuable resource. The company managed to form a strong team and, highly appreciating its employees, the management directs its personnel policy to the implementation of new social guarantees. For example, in 2023, the company introduced voluntary HEALTH insurance, and wages increased by 18% compared to 2022. Numerous transformations are being implemented as part of the company’s new HR strategy “CHUVA Agroholding is the best employer in the region.”

Having strengthened its position in the domestic market, the holding company revised its priorities in terms of sales channels. The company diversified sales into more profitable networks. Confirmed by the Eco-Product certificate, the high quality of the products is worthy of presentation on the best retail shelves in the country. 

Investments that work

In 2023, the CHUVA agricultural holding implemented all investment projects announced for this period. There are several of them, and each of them is an important contribution to the development of the company. 

A railway overpass was launched at the Alatyr feed mill. Now the company can receive part of its raw materials by rail, which has allowed it to expand the list of suppliers. 

The poultry slaughter and processing plant was also updated. After a major modernization, a household block was opened here, and new equipment for production workshops was purchased. 

The company is assessing the possibility of using preferential investment loans and expects to take advantage of this measure of government support. The program was resumed at the end of 2023, its conditions allow for attracting preferential loans for the reconstruction of poultry enterprises. The measure was taken against the backdrop of rising prices for poultry  MEAT caused by a decrease in supply on the Russian market.

In the new year, CHUVA Agricultural Holding intends to continue implementing investment projects. 

Firstly, this is the construction of a plant for processing pulp waste. However, the company says that it is too early to announce details on this issue. 

Secondly, reconstruction of poultry buildings is planned. The project is necessary for the Agroholding, because working to improve production indicators, including the safety of poultry, is vital. For the same purposes, in the coming years it is planned to reconstruct the poultry farm in order to increase the buildings and switch to the “empty-occupied” system. According to this system, after the premises are cleared of grown-up broilers, they are subject to a 10-day quarantine before introducing new chickens . 

Both completed and new investment programs are aimed at ensuring that the company continues its development. This goal is a priority for CHUVA today.