Business news from Ukraine

Business news from Ukraine

KSG AGRO PORK SALES RISE 24% IN Q2 2015

30 July , 2015  

KYIV. July 30 (Interfax-Ukraine) – KSG Agro agroholding saw a 24% rise in sales of live weight pork year-over-year, to UAH 62 million (VAT included), the company said on its website.

The company said that its revenue from pork sales totaled UAH 112 million in H1 2015 (VAT included).

Most of the produce was sold under long-term contracts and 67% of sales were secured by meat-packing plant Yuvileiny and Fozzy-Food LLC. About 20% of the products were sold to Dnipro meat processing plant.

“Production growth in a difficult economic situation has been achieved thanks to the professionalism of the employees and their responsible attitude to work,” the company said.

KSG Аgro is a vertically integrated agricultural group, working in almost all the segments of the agricultural market, including the production, storage, processing, and sale of agricultural products. The total arable land leased by the company is around 65,000 hectares.