Meat, Poultry & Fish

Vičiūna and Partners has started construction on a new salmon processing plant. The facility will significantly increase production capacity, positioning the company among Europe’s top five producers.

Geopolitical tensions, supply shortages, and avian flu outbreaks disrupt global poultry markets.

The deal marks another expansion move by Global Eggs, a company linked to Brazilian businessman Ricardo Faria.

Poultry farmers remain on high alert as fears of another outbreak intensify. Additionally, the government and industry stakeholders are working to prevent a repeat of 2023’s devastating losses.

The facilities will be constructed in two phases under an agreement with the Vietnamese government, focusing on beef, pork, and poultry production.