Ukraine’s largest producer of pet food wants to attract €40M from the EBRD to build a second plant in Lithuania. On September 11, the EBRD will consider the possibility of granting a €40M loan to the Ukrainian Kormotech Group for the construction of a second plant to produce pet food in Lithuania. The group̵... #ebrd #FeedProduction #investments #Kormotech #Lithuania #LoansforBusiness #PetFood
Suziria Group will receive $2M from USAID to launch a new pet food production line. The USAID project, Investments for Business Sustainability, concluded a $2M grant agreement with Suziria Group, one of the leaders in the Ukrainian pet product market, to increase its production capac... #FeedProduction #GrantsForBusiness #investments #PetFood #SuziriaGroup #USAID
A Ukrainian animal feed producer increased sales abroad and invested €6.55M to expand production in Ukraine and Lithuania. Kormotech, a pet food company, ended last year with a turnover of $152M, exceeding sales plans by $2M. Sales volume reached 77,400 tons, up 15.7% from 2022. The company’s sales grew most dynamic... #FeedProduction #investments #Kormotech
The largest Ukrainian feed producer is investing €60M in a new factory in Lithuania. Animal feed manufacturer Kormotech plans to reach $150M in sales in 2023 and will strive to be among the 50 largest feed manufacturers in the world, company owner Rostyslav Vovk said. He said the shar... #FeedProduction #investments #Kormotech #RostyslavVovk