Baltocovo egg producer invests over EUR 10 million in cage-free chicken farm

  • 2020-08-20
  • LETA/TBT Staff

RIGA - Latvia's Balticovo egg producer has invested over EUR 10 million in a cage-free chicken farm, the company's representatives informed LETA.

The Balticovo keeps 400,000 laying hens at its three-story cage-free farm in Iecava.  

The project, which has cost more than EUR 10 million, has been completed in two years. 

Balticovo plans to launch its new farm in a ceremony on August 26. 

In 2018, Balticovo turned over EUR 48.669 million and made a EUR 5.374 million profit. 

Balticovo operates egg production facilities in Iecava, Madona and Daugavpils. The largest shareholder in Balticovo is BCO company with 95.42 percent.