November 17, 2011


Ukraine-based MHP to double poultry export figures by yearend



The largest producer of poultry in Ukraine, Agro-Industrial Group MHP, aims to increase the share of poultry for exports between 8% and 10% out of the total output in 2011 compared to 5% in 2010, announced MHP head of Investments and Media department.


"At the same time the volume of production has become stable - about 360,000 to 370,000tonnes a year," Anastasia Sobotyuk said at the VI Annual Conference Fitch Ratings in Ukraine on October 28. Sobotyuk also noted that the company has been exporting poultry meat primary to the CIS and the Middle East countries.


EU experts have inspected the production of MHP and have given permission for starting exports to the Europe Union. In 2012, the company plans to bring the share of export to 15% of production aided by an active supply of their products in the EU.


To date, MHP provides about 65% of Ukraine's total exports of poultry meat abroad and in the near future, according to preliminary estimates, this figure will remain unchanged or increase slightly.


In 2013, the company plans to double the volume of exports, with the start of its biggest complex in the Vinnytsia region, which in the first year, will produce 100,00tonnes of poultry per year.

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