Homepage  Homepage     Search on site  Search on site     To write the letter  To write the letter     Site map  Site map
Agro Perspectiva
We are on: 
   
 


Home > News

Ukrainian pet food producer Kormotech expands to Lithuania

18.12.2019 17:08 "Agro Perspectiva" (Kyiv) — EBRD supports construction of new plant with EUR10 million loan

• EUR10 million EBRD loan to support expansion of Ukrainian pet food producer Kormotech

• Access to EU market with new plant in Lithuania

• Expansion on domestic and export market

The Ukrainian pet food producer Kormotech Group will substantially expand its domestic and international operations thanks to a loan of up to EUR10 million provided by the EBRD.

The funds are part of a wider investment programme, which includes the construction of a new production facility in Lithuania and the expansion of the Group’s activities in Ukraine. Legal due diligence for the project is partially funded by the Japan-EBRD Technical Cooperation Fund.

As part of the project, Kormotech will support the expansion of specialised veterinary education across Ukraine to improve the job prospects of young professionals from remote areas.

Kormotech Group is one of the top three market players in the Ukrainian pet food market and the first and largest Ukrainian producer of high-quality pet food for cats and dogs. The company is privately-owned and has grown rapidly since its establishment in 2003. Today the company sells its products in 25 countries. With the current expansion programme, the company intends to meet growing domestic demand as well as diversify its sales geographically with a strategic goal to become one of the top global pet food companies. With a plant in Lithuania Kormotech is creating a new pillar in the EU common market and will have better access to EU counties, as well as long destination export markets like Latin America.

The EBRD is a leading institutional investor in Ukraine and to date has committed more than EUR14.5 billion in over 450 projects to the country. The Bank’s investments in Lithuania stand at EUR900 million at present.

Agro Perspectiva

< FAO and the Chinese Academy of Fishery Sciences strengthen efforts to build sustainability in fisheries and aquaculture All news for
18.12.2019
European Union provides ˆ82 million for an FAO-led initiative targeting rural communities in Papua New Guinea >

19.11.2024  
23:04 Global Olive Oil Production Forecast to Rebound in 2024/25
22:47 Vitalii Koval discusses Ukraine's European integration with European colleagues
16:06 EBRD, European Union and United States help Kyiv prepare for winter
18.11.2024  
09:21 Agriculture Development Strategy 2030 – a roadmap to the EU
09:19 Ukrainian farmers have sown 96% of projected winter crop area
01.11.2024  
20:31 Ukraine has officially joined the International Fund for Agricultural Development
20:29 Ukrainian farmers harvested 63.7 million tonnes of grains and oilseeds
25.10.2024  
22:50 Agriculture hit hard: October port strikes rack up 30-40 million dollars in losses
21:04 Ministry of Agrarian Policy expects exports to rise in dollar terms
10:57 Ukrainian corn seed flows to Europe in further farm trade shift
24.10.2024  
23:02 Tree Nut Import Markets Highly Concentrated
23.10.2024  
11:18 Prime Minister UK warns Russian threat to global stability is accelerating as Putin ramps up attacks on Black Sea
15.10.2024  
09:35 Brazil Continues to Dominate Growth in Global Chicken Meat Exports in 2025
11.10.2024  
23:33 China Cottonseed Imports Show Strong Demand in Recent Years
20:30 India Removes Rice Export Ban, Spurring Additional Trade
30.09.2024  
17:27 List of agricultural machinery with cost compensation expanded to 11,300 items
29.09.2024  
20:21 1 in 11 people worldwide faced hunger in 2023, 1 in 5 in Africa If current trends continue, about 582 million people will be chronically undernourished in 2030, half of them in Africa
17:13 EU agri-food surplus increased in the first half of 2024
27.09.2024  
09:02 BASF presents new corporate strategy: BASF is setting a new direction for portfolio steering, capital allocation and performance culture
26.09.2024  
10:25 BASF sets new direction with corporate strategy and maintains high level of shareholder distributions
21.09.2024  
18:30 Three new sites recognized as Globally Important Agricultural Heritage Systems (GIAHS)
17.09.2024  
09:52 Cargill and Ducks Unlimited Working Together to Restore Watersheds Across North America
08:44 FAO calls for G20 cooperation as hunger targets continue to elude
06:40 FAO sees open trade as a cornerstone of global food security
13.09.2024  
07:08 U.S. Soybean Meal Hits 10‐Year High for Export Sales
12.09.2024  
21:26 U.S. Corn Exports Buoyed by Large Supplies
11.09.2024  
04:30 Global cereal production 2024 forecast on par with 2023 output, cereal trade likely to contract
06.09.2024  
11:35 FAO Food Price Index down marginally in August: lower sugar, meat and cereal quotations offset higher dairy and vegetable oil prices
10:34 Cargill acquires two US feed mills, strengthens production and distribution capabilities to grow with customers
05.09.2024  
09:23 PM: Plan to develop small generation facilities to reduce vulnerability to terrorism
30.08.2024  
05:03 Taras Vysotskyi discusses agricultural cooperation with Hungarian counterpart István Nagy
19.08.2024  
12:00 OTP BANK RECEIVED A $2.76 MILLION GRANT FROM USAID INVESTMENT FOR BUSINESS RESILIENCE ACTIVITY FOR CONCESSIONAL LENDING TO MICRO, SMALL, AND MEDIUM-SIZED ENTERPRISES
16.08.2024  
17:10 Cargill and Goanna Ag Pilot Irrigation Efficiency Technology on Mississippi Delta Cotton Fields
12.08.2024  
20:04 Ukraine Soybean Exports Forecast at Record in 2024/25
19:48 Domestic Demand and Trade Restrictions Reduce India Grain Exports
11.08.2024  
09:15 USAID Announces $3.9 billion in Direct Budget Support to the Government of Ukraine
09.08.2024  
17:41 USAID Announces $3.9 billion in Direct Budget Support to the Government of Ukraine
07.08.2024  
08:19 Turkey’s Mandarin Production and Exports to Rebound
26.07.2024  
09:28 Ongoing Economic Crisis in Argentina Impacts Dairy
15.07.2024  
10:28 Decline of China Pork Imports Continues in 2024
08:20 Lower Prices Propel Mexico 2023/24 Soybean Meal Imports
13.07.2024  
10:15 China Imports of Major Feed Grains at Record for Oct-May period
12.07.2024  
01:08 Climate risks projected to affect fish biomass around the world's ocean, FAO report says
06.07.2024  
10:15 Global cereal production 2024 forecast scaled up and now set to exceed the 2023 level
10:01 FAO Food Price Index stable in June
03.07.2024  
12:31 World pear production for MY 2023/24 is projected up more than 275,000 tons to 25.2 million
12:23 U.S. wheat exports are forecast to rebound by more than a million tons in the 2024/25 marketing year
01.07.2024  
08:58 World apple production for MY 2023/24 is forecast to rise more than 700,000 tons to 83.7 million
08:39 World coffee production for 2024/25 is forecast to rebound 7.1 million bags
25.06.2024  
17:57 Central, Eastern and South-Eastern European banks report strengthening loan demand and improving profitability

Also available: 


NewsNews - News - News - News - News - News
BriefWeekly Reports - Free article
SubscriptionTariff - News&Reports
AdvertisingMagazine - Site
ConferencesForum AGRO-2013 - DAIRY WORLD-2008 - FERTILIZERS-2010
Statistics
For our clientsAgroNewsDaily - Ukrainian Grain&Oilseed Market - Fertilizers - Milk Monthly - Milk Weekly
About usAbout project - Contact
2002 -2024 © Agrarika, ltd.
tel.: +380 67 4473802; +380 67 5964652
e-mail: client@agroperspectiva.com