MHP could boost land bank by 100,000 ha in 2015

14:37, 08.10.2015 1 min read

Myronivsky Hliboproduct (MHP) plans to boost its land bank by 100,000 hectares in 2015 thanks to the acquisition of new assets in the western and central regions of Ukraine.

"We will increase by over 100,000 hectares [this year]," the founder and majority shareholder in the company Yuriy Kosiuk told reporters at the Kyiv International Economic Forum (KIEF) on Thursday.

He said that Poltava, Cherkasy, Vinnytsia, Kyiv, Ivano-Frankivsk and other regions of central and western Ukraine are attractive regions for land purchases.

The company's land bank is currently over 350,000 ha.

Kosiuk said that next year, the agro-holding plans to launch the second stage of Vinnytsia Poultry Farm.

MHP is the largest poultry producer in Ukraine, and is also engaged in production of grains, sunflower oil, and meat.