Baltic Export, Foodstuff, Industry, Lithuania, Markets and Companies

International Internet Magazine. Baltic States news & analytics Saturday, 27.04.2024, 05:37

Lithuanian producers may benefit from Brazil's meat scandal

BC, Vilnius, 24.03.2017.Print version
Broader export opportunities are opening up for Lithuanian meat processors in the wake of Brazil's spoiled meat and corruption scandal involving two large international companies, JBS and BRF, and several tens of smaller market players, reported LETA/BNS according to the business daily Verslo Zinios.

Egidijus Mackevicius, president of the Lithuanian Association of Meat Processors, says that Lithuania could only benefit from the scandal if targeted third countries started to refuse to accept products.


However, Tautvydas Barstys, CEO of KG Group, the owner of Lithuania's two largest poultry complexes, says that the market began to feel an impact as soon as the scandal erupted.


"We have already received enquires from Germany and Finland asking if we could replace Brazilian poultry with our products," he said, but added that the scandal was unlikely to have any major effect in the long run.


Barstys thinks that the EU is likely to reject products from the companies involved in the scandal, but this measure will be temporary and will be lifted once more details emerge.






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