August 26, 2011

Trostianets' cuts H1 output by 7.5%

Trostianets meat factory in the Vinnytsia region has cut the its output by 7.54% or 188 tonnes in January-June 2011, compared with January-June 2010, to 2,305 tonnes, stated a representative of the enterprise.

As against July-December 2010, the production rose by 11.9% or 245 tonnes.

In particular, in H1, the enterprise cut the output of meat products by 5.28% or 104 tonnes to 1,104 tonnes, by-products by 20.05% or 73 tonnes to 291 tonnes, meat half-finished products by 95.83% or 23 tonnes to one tonne.

At the same time, the enterprise increased production of sausage products by 8.96% or 12 tonnes to 146 tonnes.

Earlier in 2010, the Trostianets meat factory, Vinnytsia region, cut the production by 6.5% or 319 tonnes, compared to 2009, to 4,553 tonnes.

The Trostianets meat factory finished 2009 with a net profit of UAH15.83 million (US$1.98 million), having increased the production by 36.7% or 1,307 tonnes, compared to 2008, to 4,872 tonnes.

The Trostianets meat factory, which is an open joint-stock company, is engaged in the processing of meat and production of beef, sausages, and meat.

Halteks financial group LLC (Kyiv) owns 88.63% of the shares in the enterprise, which is linked with the former deputy head of the board of the Naftohaz Ukrainy Oleh Bakhmatiuk.