Baltic Export, EU – Baltic States, Foodstuff, Good for Business, Latvia, Markets and Companies

The company informed that from the middle of June Kekava products under the label of Grannfagel are available in 25 stores, including ICA, Coop and Hemkop. Initially the products will be sold in the Stockholm region, but later also in Goteborg, Malmo and other largest cities.

"The only key for export to the Swedish market is excellent quality. Therefore we are happy that Kekava poultry is the first poultry produced in the Baltic states that has received Swedish quality certificate," said the company’s board chairman Andrius Pranckevicius.

The company noted that Kekava poultry farm already earlier operated in the Swedish HoReCa segment, and a year ago won the permission to become the sole poultry importer to the Swedish public sector. Kekava will supply about 400,000 kilograms of products to the Swedish HoReCa segment and retail chains a month.

Kekava exports 48 percent of its output, while exports to Sweden account for 41 percent of total exports.

As reported, Kekava posted EUR 57.2019 million in turnover last financial year, which continued from July 1, 2015, to June 30, 2016. The company's loss reached EUR 314,181.

Kekava Poultry Farm was founded in 1991, the company's share capital is EUR 18,928,084. Lithuania's Linas Agro Group holds 87 percent of the company's shares.