MHP plan is a "game-changer" for the poultry industry
MHP chief executive Yuriy Kosyuk has set out ambitious plans for the Ukrainian agri-business at its Capital Markets Day in London.He was one of a number of MHP executives who addressed investors and stakeholders at the event in the Four Seasons Hotel, Park Lane.
Mr Kosyuk, who founded MHP in 1998, told the audience he wanted MHP to be a ‘game changer’ for the global poultry industry.
He said: “MHP’s reputation as Europe’s most efficient poultry producer has ensured further growth in both production and revenues, contributing to another success year for the business. We have also completed the next stage of the state-of-the art Vinnitsia Poultry Complex and successfully acquired Perutnina Ptuj in Slovenia.
“But our appetite to grow this company remains strong and we believe there are more opportunities for MHP in our key markets, Europe and the Middle East.
“Key to future organic growth is investment in new ‘best in class’ poultry complexes, producing quality products to the highest standards. But we are actively looking at other partnerships and acquisitions outside of Ukraine where MHP can implement its efficient business model.
“We are also developing a new approach with clients by adapting products so they are consumer-ready, deepening our model of vertical integration.
“MHP will continue to lead the industry in green energy. We are pioneering a sustainable agriculture model through new technologies like biogas and other alternative energy sources.
“Through our relentless commitment to efficiency and innovation, MHP can be a game-changer for the global poultry industry, ensuring consumers can have quality food products at affordable prices.”
Other speakers at the event included Chief Financial Officer Victoria Kapelyushna and Sales Director Sergey Ivanov.
According to the company’s annual results, MHP increased its poultry exports by 30 per cent last year and is now in more than 80 markets.