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Business

Dutch plant development looks positive for MHP

Colin LeyBy Colin LeyJune 1, 20162 Mins Read
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The Ukraine poultry production company, MHP, is making positive noises about the trial-phase progress of its new processing plant in the Netherlands, which includes a £2.5m investment in two cutting production lines and is geared to enable the business to secure “tighter control” over the quality of its products and services.

The new plant, established in cooperation with MHP’s long-term Dutch partner, Jan Zandbergen BV, in Veenendaal, is seen by the company as an opportunity to provide its European customers not only with commodity products, but also packaged ones for food service channels.

The development sits alongside MHP’s domestic growth in Ukraine which includes the recent addition of two new poultry rearing sites to its empire, setting the business on target to produce 40,000 tonnes more in 2016 than it achieved last year.

“With our competitive cost base, strong market position in Ukraine and growing presence in export markets, I am optimistic about the company and its prospects,” said MPH chief executive officer, Yuriy Kosyuk (pictured above).

“Despite the challenging situation in Ukraine, I am confident that we will continue to deliver healthy operational and financial results in 2016 and beyond.”

The CEO was commenting after the publication of the company’s first quarter figures for 2016 which included an 11% year-on-year increase in poultry production volumes, rising to 155,610 tonnes, and a 17% increase in its average chicken meat price.

 

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Colin Ley

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