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AS Balticovo, a company specializing in eggs and eggs, plans to invest more than eight million euros outside of chicken egg production in Cesis (Iecava), said Toms Auškāps, a board member. administration of Balticovo, in an interview. According to him, in order to produce chicken eggs, the company plans to create a site for 260,000 birds.
"The idea of developing egg production outside cages is based on demand in Scandinavia and Western Europe.There is only a slight increase in demand in Latvia but it would be premature to base its commercial decisions on this case, laying hens, "said Auskas.
In turn, the president and co-owner of the Council of Balticovo, Valdis Grimze, added that the company was working on 2, or the production of chickens intended for chickens, since eggs intended for the company are starting to lack demand in Latvia and in foreign markets. The commissioning of the first two peat bogs is scheduled for the second half of 2019.
He reminded that this year, "Balticovo" will also order new chicken shops in Madona on an area of eight hectares, in which no. 1 or chicken eggs in freedom. One floor of these courtyards will have four square meters of living space, and there will be an appointment area for chickens. In total, in these hangars, which cost approximately 600,000 to 700,000 euros, 20,000 birds will live.
The Balticovo board chairman added that the company's current project also included the addition of an egg processing plant with a new egg pasteurization plant, as well as new equipment for liquid product packaging. As a result of this investment project, new products will be developed which will allow Balticovo to expand the range of products, including egg whites, badles and pancake batter, more appropriate. Balticovo will also be able to work with proteins or drinks or protein products in the future.
The management of the company recognized that at present, a large part of Balticovo's income consists of 3, or caged hen eggs, but with the implementation of the investment project the proportion of eggs eaten out of cages after one year will increase considerably, from 2% to almost 10% today.
Grimz added that consumers should expect prices for chicken eggs from cages to be higher than those of cages, in addition to caviar. "If we compare the cost of a bird's place in the cages, number 2 and number one in the henhouse, there is a big difference – for example, if the place of a bird in a cage costs 10 euros, it would be 13 to 15 euros per bird, but the number 1 The cost is higher and we must increase the selling price, "he said, adding that the price of eggs from hens raised outside the cages was at least one-third higher than that of caged eggs. price
The LETA agency has already reported that Balticovo's business turnover amounted to 52.3 million euros in 2017, or 17.3% more than in 2016 , while the company's profit had quadrupled to 10.8 million euros.
The main business of "Balticovo" is the production and sale of chicken eggs, egg powder, liquid liqueurs to eggs, boiled eggs without shells, d & rsquo; Chopped and cooked eggs. The main owner of the company is BCO, which holds 95.42% of the shares.
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