In the middle of October, the leading global food and beverage industry exhibition ANUGA 2021 took place in Cologne, Germany, where we presented Balticovo news at the joint stand of Latvian producers organized by the Ministry of Agriculture of the Republic of Latvia. The main goals of participating in the exhibition Anuga 2021 were to present our new products- protein ice cream and liquid egg products, as well as to increase the company's visibility in export markets. It was no less important to get to know and evaluate the development trends of the food market.
And it was also a great opportunity to meet regular customers and partners again, as well as to establish new contacts in person.
Every year on the second Friday of October, World Egg Day is celebrated all over the world to emphasize the brilliant versatility of the egg and its benefits to people at every stage of their life. To mark the 25th anniversary of the World Egg Day, JSC Balticovo organized different activities for residents and guests of Riga and Iecava to celebrate the festival on an unprecedented scale.
Every year, the World Egg Day is marked on the second Friday of October, emphasising the brilliant versatility of the egg and its benefits to people at every stage of their life. This year, on October 8, the World Egg Day will be celebrated for the 25th time, and also in Latvia this festival will be marked in a most engaging way yet with activities for the whole family organized by JSC Balticovo.
The successful operations of AS “Balticovo” (a joint-stock company) in 2020 resulted in several completed large-scale development projects. This included the installation of a new water treatment plant as well as the opening of the biggest enclosure complex for non-caged laying hens in the Baltic states. The latter enabled the company to increase its turnover to 54,31 million euros – up from 50,91 million euros in 2019. The company plans to invest profits of 3,03 million euros in future development projects to implement its strategic objective of full transition to cage-free egg production within the next few years.
