Ukraine’s largest agricultural produce company, Myronivsky Hliboproduct, MHP, plans to invest $250 million this year

Wednesday, May 23, 2018
Ukraine’s largest agricultural produce company, Myronivsky Hliboproduct, MHP, plans to invest $250 million this year

to double its Vinnytsia poultry farm, to build a second biogas energy complex and to modernize existing production facilities, company CFO Viktoria Kapeliushna tells Interfax-Ukraine. Reflecting a company plan to target the Middle East, MHP plans to hire next month Roberto Banfi, director of international sales at Sadia S.A., a Brazilian food company with strong market penetration in the region. MHP’s first quarter net profit was $90 million, 1.6 times more than for Q1 2017, according to company report to London Stock Exchange. Ukraine’s largest poultry producer, MHP also grows grains and sunflowers.

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