Special investment contract (SPIC) – agreement between the investor and the state, which records the obligation of the project proponent for the development of industrial production within the prescribed period, the obligation of the Russian Federation or its subject in terms of guarantees of stability of the tax and regulatory environment and the provision of support measures. Speke is in order the solution of tasks and achievement targets of the state programs of the Russian Federation in the industries in which investment projects are implemented. The competent authority in the implementation of SPIK will be the Ministry of agriculture of the Russian Federation. SPIK is for a period equal to the period of the output of the investment project to design the operating profit in accordance with the business plan, increased by 5 years.

At the meeting with the Director of the Department of economy, investments and regulation of agricultural markets of the Ministry of agriculture Anatoly Kutsenko, General Director of Cherkizovo Group Sergei Mikhailov discussed the possibilities of project implementation, the Kashira-2 on the program list. "Cherkizovo group" by 2025, plans to build in the area the industrial complex enterprises in the meat industry. In the framework of the investment project it is planned to create a factory for the production and cutting of sausages.

The first implementation project of Kashira-2 involves the construction of a plant for production of up to 60 tonnes of meat products per day and workshops on cutting capacity of 100 tons per day. The total investment in the project will amount to about 6 billion rubles, and it will be implemented from 2019 to 2022. The company will create about 500 new jobs.

About Cherkizovo Group:

Cherkizovo group is Russia's largest producer of meat products. The group is among the three leaders on the market of chicken meat, pork and processed meat products. The Cherkizovo group includes 8 poultry farms of full cycle, 16 modern pig complexes, meat processing plants 6, 8 feed mills and more than 287 thousand hectares of agricultural land. In 2017, the Group "Cherkizovo" has made about 1 million tons of meat products. The company's consolidated revenues by year-end 2017 amounted to 90,5 billion rubles. The advantage of the company is vertical integration, which connects every link in the agricultural chain, from grain production to production of finished products, ensuring product quality at all stages. A priority for Cherkizovo Group is a high quality product and meeting the needs of customers. The popularity of the products of Cherkizovo in Russia show a high level of brand awareness and customer loyalty. Shares of Cherkizovo Group are traded on the Moscow exchange (MOEX).