Linas Agro Group updates processing capacities and merges sales departments in Latvian poultry companies.
AB Linas Agro Group began reforms in Latvia operating poultry farms in order to increase the competitiveness of enterprises.
It is planned to upgrade production lines to produce more and a wider variety of poultry products. This year, the Group will invest up to 8 million euros into new technologies, and it would more than double the performance of the processing line. Another important direction of the reforms – merge of sales departments of the companies.
“Just finished the negotiations with equipment manufacturers, also we are strengthening the sales team. Since the two poultry farms are no longer competitors, we merge the sales departments and eliminate the duplicate functions of departments, “- says Andrius Pranckevicius, Deputy Managing Director of AB Linas Agro Group.
Last year was the best in the history for the Latvian poultry companies, owned by AB Linas Agro Group – AS Putnu Fabrika Kekava and SIA Lielzeltini (managing also SIA Cerova and SIA Broileks). The total consolidated sales of poultry group over 2014 calendar year, as per unaudited data, amounted to 62 million Eur, EBITDA was 8 million Eur.