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October 28, 2014

   

MHP poultry output up 16%

  
  
   
 

Due to higher production at Vinnytsia poultry farm, the output of leading Ukraine poultry producer MHP increased year-on-year by 9% to 133,700 tonnes in Q3 2014 and by 16% to 403,300 tonnes in the first nine months of 2014.

 

Since September this year, 11 out of 12 production sites at the Vinnytsia complex have been operating at full capacity, and the final rearing site will be added in Q4 2014.

 

However, the Shakhtarska breeding farm had to suspend its operations since August due to the active hostilities in the region. The farm provided MHP with approximately 30% of its hatching egg needs.

 

Currently MHP imports hatching eggs from the European Union (mainly Hungary, Germany and the Netherlands), so that during the first nine months of 2014 MHP's poultry production facilities (broiler farms) worked at full capacity utilisation.

 

As a result of an overall increase in poultry production during the third quarter of 2014, sales volume of chicken meat to external consumers constituted 144,790 tonnes, which was 21% higher than in Q3 2013. During the first nine months of 2014, third party sales amounted to 396,780 tonnes, which was 22% higher year-on-year.

 

The company continues to pursue diversified export markets and seeks for new business opportunities in Asia, the Middle East and Africa.

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