The group, which owns the Coco Rico brand, posted EUR115 million revenue in 2015, some EUR45 million of which generated by exports, according to ZF’s calculations.
“Export generates a significant part of our revenue. It accounts for about 38% of sales by value. Our company is one of the biggest exporters of chicken in Romania,” said Bogdan Grama, general manager of Aaylex group.
The meat processor’s revenue went up 10% to EUR115 million in 2015, because of the food VAT cut from 24% to 9% and the export partnerships.
“Poultry consumption rose slightly in 2015 as a result of the food VAT cut, compared with the previous year,” Grama said.
Domestic consumption stood at about 410,000 tons of poultry last year, according to the data supplied by the company citing Romania’s poultry farmers union UCPR statistics, 356,000 tons of which coming from local businesses and some 133,000 tons imported.
Aalyex’s slaughterhouse in Buzau processed more than 60,000 tons of poultry or 17% of the local production in 2015. Out of the 60,000 tons, 72% were sold in Romania and the rest exported to countries like Netherlands, Germany, UK, Italy, France and Greece.
(English version by Loredana Fratila-Cristescu)