Ovostar Union plans to boost egg production by 20.4% in 2015

12:40, 16.04.2015 1 min read

Ovostar Union agro-industrial group of companies, one of the leading egg producers in Ukraine, plans to increase egg output by 20.4% in 2015, to 1.25 billion, the company said in a financial report.

The company said that in 2016 it plans to produce 1.6 billion eggs.

Dry egg products output will be increased from 1,760 tonnes to 1,900 tonnes in 2015 and to 2,200 tonnes in 2016. The company expects that liquid egg products output will rise to 6,900 tonnes in 2015 and to 7,200 tonnes in 2016. In 2014, the company produced 6,560 tonnes of liquid egg products.

Ovostar Union N.V., the holding company of Ovostar Union, in mid-June 2011 held an IPO of 25% of the shares on the Warsaw Stock Exchange and raised $33.2 million.