AB Akola Group Eyes €34M Investment in Animal By-Products Plant
Event summary
- AB Akola Group's subsidiary Vilniaus Paukštynas plans a €34M investment in a new animal by-products processing plant in Kaišiadorys.
- The project aims to create 52 new jobs and could start operations in the second half of 2028.
- The facility will process 76 tonnes of products daily, including poultry meal, feather meal, blood meal, and rendered fats.
- The company seeks EU funding and final approvals before proceeding with the investment.
The big picture
AB Akola Group's planned investment aligns with broader industry trends toward sustainable and efficient agricultural processing. The €34M project reflects the company's strategy to consolidate animal by-products processing in a single, state-of-the-art facility. With a revenue of €1.58B in 2024–2025, the group is leveraging its scale to enhance operational efficiency and environmental protection. The success of this project could set a precedent for similar investments in the Baltics.
What we're watching
- Funding Approval
- Whether the company secures EU funding and necessary permits to proceed with the €34M investment.
- Operational Efficiency
- How the new plant will impact the company's overall operational efficiency and environmental standards.
- Market Demand
- The pace at which demand for processed animal by-products grows in the feed and biotechnology sectors.
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