Cherkizovo Group raised a loan from Gazprombank in the amount of ₽40.8 billion for a term of 12 years. The funds will be used to finance the construction of a high-tech and automated pig slaughtering and processing facility in the Tula Region. The project will allow the group to increase its business in deep meat processing and high value-added production up to 500,000 tonnes of meat products per year. Total investments will amount to ₽48 billion.