One of the highest shares of processing and revenue: MHP is among the three most efficient agricultural holdings in Ukraine

Forbes Ukraine, together with KSE and YouControl, has identified the 20 most efficient agricultural holdings in Ukraine. MHP is among the top three, UNN reports.

Details

Thus, MHP has one of the highest shares of processing and revenue among the participants of the list - 95%. During the two years of war, the largest producer and exporter of chicken in Ukraine increased its annual investments in the agricultural sector by 1.8 times, to $263 million.

In addition to MHP, the top three companies are Kernel and Eridon. Founded in 1993, Eridon is the leader of the Ukrainian seed and crop protection market with a share of about 30%. The group includes companies that distribute and service agricultural machinery, agricultural engineering, and agricultural production enterprises.

In turn, Kernel lost its status as Ukraine's largest agricultural holding in terms of land bank. In April 2022, Kernel's board of directors allowed its founder and major shareholder, Andriy Verevsky, to buy out 30% of the company's land bank, or 134,000 hectares, from his own company. The company received $210 million, which was planned to be spent on debt service. Instead, it lost its status as Ukraine's largest agricultural holding in terms of land bank.

Help Help

MHP is an international food and agro-technology company that produces high-quality and tasty food products that improve the lives of consumers. The company operates in agriculture, food production and retail, and has subsidiaries in the UK, Saudi Arabia, the UAE and the EU. MHP shares are listed on the London Stock Exchange. The company's production facilities cover most regions of Ukraine, with a land bank of 360,000 hectares.

As a culinary company, MHP develops more than 15 product brands, including Nasha Ryaba, Appetitna, Legko, Bashchynsky, Skott Smeat, LaStrava, RyabChick and others. Together with its partners, MHP has opened 1,500 outlets of various types throughout Ukraine. These include Myasomarket, a chain of culinary ideas stores, Döner Market, delicious safe fast food outlets, Ezha Svezha, Nasha Ryaba, Ukrainian Chicken, and others