Ovostar Union plans to produce 1.75 billion eggs in 2018

The company Ovostar Union plans to increase shell eggs production by 5% or to 1 750 mln units.

According to the company's report, dry egg products production is projected at 3 550 thou. tons (+9%), and liquid egg products — 13 thou. tons (+12%).

"The current investment program that is being carried out at Stavysche production site has started in April 2014 and is planned to be completed in 2019-2020. At that point we expect to reach 10 million of total flock and 2 billion eggs produced per year," the message says.

In 2018, the company plans to construct 2 poultry houses, 2 rearing houses and a fodder plant. CapEx is estimated to be around USD 15 mln.

Reference: Ovostar Union increased export of eggs by 72% in 12M 2017.

Note: Group of Companies Ovostar Union is one of Ukrainian leading agroindustrial companies and is among five largest producers of eggs in Europe. The main business areas: poultry farms, shell egg production, egg processing plant OVOSTAR, and additional activity (fodder plants, cold pressed rapeseed oil).