August 12, 2011


Avangard to begin poultry farm in Kherson



The Avangard, a big egg holding, intends to start the initial phase of the poultry farm in the village of Chernobaivka, Kherson region, by October, according to a spokesman of the organisation.


"Avangard will launch the first phase of the poultry complex in Chernobaivka by October this year," he said.


The production facilities of the enterprise will have simultaneous capacity of 2.5 million growing birds and five million egg-producing chickens.


Besides, the project envisions the construction of a slaughtering shop which processes 6,000 birds an hour, packages eggs with the capacity of 360,000 an hour and a fodder plant with a capacity of 60 tonnes per an hour.


Besides, it has planned to construct a biogas plant with a capacity of 20.4 MWh, which would fully satisfy needs of the enterprise in electricity.


Investments into the complex amount to about US$250 million.


It plans to complete the complex by 2014.


The Avangard holding company increased egg production by 51%, or 0.965 billion items to 2.875 billion items in the first half of the year compared with the same period last year.


In 2010, Avangard increased egg output by 22% to 4.42 billion items in 2010 compared with 2009.


Avangard's exports increased to one billion eggs and egg products (in the egg equivalent) in 2010, which is almost 3.3 times more than the 306 million it exported in 2009.


In 2010, the company exported its products to Iraq, Kazakhstan, Syria, Turkey, Moldova, United Arab Emirates, Jordan, Indonesia, Saudi Arabia, Kuwait, Thailand, South Korea, Oman, and Pakistan.


Avangard generates a net profit of US$184.8 million in 2010.


Its EBITDA amounted to US$193.5 million dollars in 2010, an increase of 27% compared with 2009.


The Avangard egg production facilities are situated in 14 regions of Ukraine and the Autonomous Republic of Crimea.

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