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MHP's New Plant Targets Exports

by 5m Editor
19 November 2010, at 9:27a.m.

UKRAINE - Poultry company, Myronivsky Hliboproduct (MHP), is planning to export 40 per cent of its production.

While commenting on the prospects and strategies of the MHP agro-holding, its major shareholder and chairman, Yuriy Kosiuk, noted that the company was establishing channels to export products, which fully complies with the operational and financial estimates of business analysts from Dragon Capital.

According to Ukraine Export, a senior analyst, Tamara Levchenko, said that the company was already establishing channels for the export of goods that will be produced at the new facilities of the Ladyzhynsky poultry complex in Vinnytsia region.

MHP opened this complex in the second half of 2010, and is planning to finish the first production line with the capacity of 110,000 tons of poultry a year by 2013, while the second one is to be launched in 2015.

The company is planning to export about 40 per cent of its products manufactured at the new factory, while currently it exports less than seven per cent of gross sales of poultry meat a year.

MHP is one of the largest agro-industrial complexes in Ukraine. It includes 20 enterprises located in different regions in the country.