30th Mar 2017 08:18
PRESS RELEASE
30 March 2017, Kyiv, Ukraine
MHP S.A.
EU expansion: new cutting facility in Slovakia
MHP S.A. (LSE:MHPC), one of the leading agro-industrial companies in Ukraine, focusing on the production of poultry and cultivation of grain, today announces that following its export strategy, the Company has invested into and opened the processing facility in Slovakia, deepening its vertical integration, pursuing its export strategy of market targeting and the main objective to have a tighter control over the quality of products and services delivered to the end customers.
MHP has established a processing plant in close cooperation with one of its EU distributors in Slovakia. When complete, total capital expenditures for the processing services of chicken products in Slovakia are expected to reach around US$ 3 million.
This cooperation is bringing MHP an opportunity to provide our European customers not only with commodity products, but also packaged ones for food services.
Please address any questions or concerns to:
Anastasiia Sobotiuk (Kyiv) Director of IR & Company Secretary |
+38 044 207 00 70 +38 050 339 29 99 |
John Grant (London) Senior Independent Director | +44 (0)7768 465042 |
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