Thailand’s Charoen Pokpand Foods (CPF), which owns several large pork farming assets in Russia, has expanded its Russian business and has acquired several pork farming assets from Novgorod-based Adept Group. These include a multi-breeding facility, a feedlot, commercial farms, and small plots of land.
Investors from Thailand have been circling Adept’s pork farming assets for a long time, with many expressing interest. The management company for the sold assets is Novomyasovo LLC, which was registered in late 2025. It has an authorized charter capital of ₽2.05 billion (US$26.6 million).
CPF has been operating in Russia since 2006, when Charoen Pokpand Foods Foreign Investments (SPFO) LLC was established. In 2009, it launched a feed mill in the Lukhovitsky District, Moscow Region. It then acquired two livestock complexes there. The company’s assets are also located in the Nizhny Novgorod, Belgorod, and Voronezh regions. SPFO owns more than 24% of the Kaliningrad Region’s Russia Baltic Pork Invest ASA (RBPI Group).
Pork is the most widely consumed red meat in Asia. According to OECD data, South Korea, Vietnam, and China have the highest consumption per capita in the region. Thailand has free trade agreements with all of these countries. The average per capita consumption per person per year in Thailand itself is 10 kg. In Russia, pork consumption is growing and reached 31.8 kg in 2025. This means that investors have a market win-win situation with a growing domestic market and a growing export market.
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