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28 Jan - 03 Feb 2011

Poultry Producer Tallegg Starts Exports to Iceland, Laos

2 February (BNS)


The Estonian poultry producer Tallegg added Iceland and Laos to the list of its export destination countries in January.

Domestic sales showed a year-on-year drop of 5% in the first month of the year, the company said. Modest results in January were preceded by strong sales in December.

Tallegg's business director Margus Venelaine said modest results in January were to be expected. In his words, the main reason for the sales drop was consumers' caution as they were getting used to euro prices.

"Export has to compensate for falling domestic sales as output cannot be stored in warehouse infinitely. We sold 630 tons of poultry products for export altogether, which is one of the best
results in the last few years," Venelaine said.

Tallegg is a holding of the Finnish food group HKScan. The company that employs 485 people posted sales of 688 million kroons (EUR 44 mln) for 2009. It exports its products to Asian and Nordic countries.
 

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