Tweet
ARMENIAN EGG PRODUCERS FACING BANKRUPTCY
WorldPoultry.net
http://www.worldpoultry.net/news/armenian-egg-producers-facing-bankruptcy-9296.html
Aug 31 2011
Illegal imports of cheap eggs is killing the Armenian egg producing
industry, according to a report by local newspaper with reference to
the conflicting data of the Ministry of Agriculture and services of
the Customs Union.
The newspaper, 168 hours, quoted Deputy Minister of Agriculture of
the Republic Grisha Bagyana, who noted that up to 1 million eggs
are imported from the Ukraine into the country every month. At the
same time, Customs Services statistics show that illegal egg imports
amounted to much more - almost 2.5 million per month.
"Of course, illegal import products are not dissolving into thin air.
Cheap imported eggs are sold under the pretense of local products,
which results in the fact that a lot of Armenian egg producers fail
to match the competition, have a big loss and are forced to phase
down production" said representatives of the Ministry of Agriculture
of the country.
Official statistics are not available, but according to the Regnum
news agency already about 20% of small egg producers in Armenia went
bankrupt, and still about 30% are in a serious condition. If the
situation does not change any time soon, the major producers of eggs
in Armenia will also face imminent problems. Experts are worrying
that without government intervention, the entire industry soon could
be on the verge of a profound crisis.
WorldPoultry.net
http://www.worldpoultry.net/news/armenian-egg-producers-facing-bankruptcy-9296.html
Aug 31 2011
Illegal imports of cheap eggs is killing the Armenian egg producing
industry, according to a report by local newspaper with reference to
the conflicting data of the Ministry of Agriculture and services of
the Customs Union.
The newspaper, 168 hours, quoted Deputy Minister of Agriculture of
the Republic Grisha Bagyana, who noted that up to 1 million eggs
are imported from the Ukraine into the country every month. At the
same time, Customs Services statistics show that illegal egg imports
amounted to much more - almost 2.5 million per month.
"Of course, illegal import products are not dissolving into thin air.
Cheap imported eggs are sold under the pretense of local products,
which results in the fact that a lot of Armenian egg producers fail
to match the competition, have a big loss and are forced to phase
down production" said representatives of the Ministry of Agriculture
of the country.
Official statistics are not available, but according to the Regnum
news agency already about 20% of small egg producers in Armenia went
bankrupt, and still about 30% are in a serious condition. If the
situation does not change any time soon, the major producers of eggs
in Armenia will also face imminent problems. Experts are worrying
that without government intervention, the entire industry soon could
be on the verge of a profound crisis.