Balticovo egg producer to keep chickens happy

The producer of eggs and egg products, Balticovo, has completed the construction of an cage-free complex for laying hens, which will be unveiled on Wednesday 26 August, the company's representatives said August 20.

The Balticovo cage-free farm in Iecava houses 400 000 chickens. The total investment of the project exceeds EUR 10 million and has been carried out over two years.

Balticovo exports around 70% of their production. The company's production facility and branches are located in Iecava, Madona and Daugavpils.

In 2018, Balticovo worked on a turnover of €48,669 million and a profit of €5.374 million. The company's 2019 financial results haven't yet been made public. The company's largest owner is BCO, which owns 95.42% of the shares, while the real beneficiaries are Tatiana Poplavska and Valdis Grimze, reported LETA.

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