A POULTRY farm whose entire livestock was destroyed after an outbreak of the Newcastle Virus (NDV) has warned that it could be forced to shut down.
Pipis Farms said the company is facing very difficult conditions, which have forced it to suspend its operation and dismiss most of its staff.
In an announcement to the stock market, Pipis said it planned to restart its operation at the end of October but to do this it would be necessary to find the necessary cash.
“Unfortunately there are serious indications that the company will not be able to find the necessary capital to restart,” it said.
The government has decided to compensate businesses that were hit by the outbreak, but the matter has not been cleared yet.
NDV, a contagious bird disease affecting wild and domestic avian species, was first found in three farms in Nicosia’s Kokkinotrimithia farming zone in mid June.
About 50,000 chickens died from NDV, and a further 190,000 were culled as a precaution – mostly in the Nicosia district farms.