Ovostar Union shell eggs exports went up by 68%

The volume of Ovostar Union's shell eggs exports went up by 68% to 138 mln eggs and resulted in the export share of 40%, the company informs.

"Sales volume of shell eggs increased by 24% to 342 mln eggs partially through the egg trading, which totalled to 117 mln eggs," the report says.

Over the reporting period, the company's egg production did not change significantly and amounted to 386 mln eggs.

"Favorable market conditions on local and external markets together with the undergoing strategy of organic growth and export markets development gives us confidence in obtaining sustainable financial results in 2018," the сompany’s CEO Borys Bielikov commented.

Reference: in 2018, Ovostar Union plans to increase egg production by 5% to 1.75 billion units.