Russia’s invasion of Ukraine has led to a loss of about UAH1.5 billion (US$51 million) for Ukrainian egg producer Avangardco.
According to a press release from UkrLandFarming, the parent company of Avangardco, the company has lost its ability to feed hens, transport workers to the farm in the Kherson region, or ship eggs to customers because of the aggression shown by Russian forces. The farm was also cut off from its power supply.
The company had earlier reported that nearly 3 million hens would die if they could not get feed, and there has not been a way to dispose of the carcasses in a manner that is appropriate for the environment.
The company was able to give some of those hens and eggs away to the local population, UkrLandFarming stated, but most had to be slaughtered.
In the near future, other key enterprises of the company - namely the egg farm in the village of Makariv and the egg farm at Brovary in Kyiv region - may also find themselves in a similar situation. The loss of those facilities alone would amount to 1 million hens lost.
Avangardco, according to the Poultry International Top Companies Survey, is the largest egg producer in Ukraine, the second largest in Europe and the 12th largest in Europe. During the past year, it had a flock of 13.3 hens.
Company offers assistance despite circumstances
Despite the challenges it faces as a result of the conflict with Russia, Avangardco is helping the population and the Ukrainian armed forces. Since the beginning of the Russian aggression in coordination with the Ukrainian Ministry of Agriculture, Avangardco has donated hundreds of thousands of eggs of its own production free of charge to defenders of Ukraine. The company has also donated fuel and other resources, including vans as Avangardco employees defend their homeland as members of the Ukrainian armed forces.
