Company head Grigore Horoi said flat sales are due to discrepancies between the prices of resources used in the industry and shelf prices.
“Producers are still facing tough times, which translate into discrepancies between the prices of resources used in the industry and shelf prices of meat and meat products, which continue to be higher by 35% to 60% in EU countries, considering that costs are similar,” said Horoi.
Chicken producer Agricola International, the largest company of the group, reported a 5% increase in sales on the year to RON280.88 million in January through September 2013.
Chicken sale volumes reached 26,309 tons in the first nine months, from 24,486 tons in the same interval a year ago.
The average sale prices rose 5% year-on-year, Agricola Bacau said in a statement.
Agricola Bacau is one of the key players on the local poultry market and the largest exporter of chicken. The group is controlled by several Romanian investors. (EUR1=RON4.4404)