Charoen Pokphand Foods (CPF), Thailand’s leading agro-industrial and food conglomerate, has announced a €614 million investment into Russia’s poultry market. This significant move is part of CPF’s strategy to expand its global footprint and diversify its operations across new regions.

The investment will focus on enhancing Russia’s poultry production capacity and improving food supply chains in the region. CPF’s entry into the Russian market marks an important step in the company’s goal to strengthen its presence in key markets outside of Southeast Asia. The Russian poultry sector, with its vast growth potential, offers CPF a valuable opportunity to capitalize on increasing consumer demand for affordable, high-quality protein sources.

Speaking on the investment, CPF’s leadership emphasized the mutual benefits of the partnership, noting that the deal will support Russia’s agricultural development while providing CPF with a platform for long-term growth and expansion in the region.

The move aligns with Russia’s own goals of boosting domestic food production and reducing its dependence on imports. With CPF’s financial and technical support, Russia is poised to become a key player in the global poultry market.

Analysts see this investment as a strategic win for CPF, further diversifying its portfolio while strengthening its position in the international food supply chain. As CPF deepens its involvement in Russia, the company is expected to play a critical role in shaping the future of the country’s poultry industry.