Ukrainian processor MHP has set out ambitious goals for the next year, including a business transformation plan that will “improve the efficiency of all business processes”.
The European Commission has suspended imports of poultry meat from the Ukraine following the confirmation of an outbreak of avian influenza earlier this month.
Ukrainian agricultural holding MHP will double production performance at its Vinitsia Poultry Farm, up to 520,000 tonnes (t) per year by 2021, in order to supply a higher volume of chicken meat for export.
Ukrainian agricultural holding company MHP plans to invest up to US$500 million in the construction of the second stage of its Vinitsia Poultry Farm in the next few years and also allocate some money for capacity expansion at a processing plant in the...
MHP, the largest agro-industrial firm in Ukraine, saw its pre-tax profits drop by nearly 20% in the first half of the year, according to the company’s unaudited half-year financial results.
Chicken meat exports climbed at MHP in the first quarter of 2016, despite the Ukraine-based agro-industrial grain and poultry producer reporting plummeting pre-tax profits during the period.
Ukrainian poultry producer MHP has published its third quarter results, showing increased production and sales volumes overall, but a significantly reduced export business.
Ukraine’s largest poultry producer, MHP, plans to acquire 100,000 hectares (ha) of agricultural land and several businesses inside and outside of the country.
Ukraine poultry giant MHP saw exports of chicken fall by 14% to 26,050 tonnes (t) in the first quarter of 2015, compared to the same period last year, according to an official report from the company.