PJSC “Yuriya” (Cherkassy), producer of dairy products under TM “Voloshkove Pole”, has invested EUR1.6 mln in modernization of production facilities of its enterprises and put into operation a new line for production of glazed cheesecakes, said the general director of the enterprise Andrey Tabalov.
“This is one of the largest investments of the enterprise in 2024 in the amount of EUR 1.6 mln. Lithuanian automated line “PAKMA” will allow to produce additional 4 thousand cheesecakes hourly. It will increase the production capacity of glazed cheesecakes by 40%. This large-scale investment was planned within the framework of modernization of PJSC “Yuria” for 2024 and is a conscious decision in such a difficult time for the country, – he wrote in Facebook.
As reported, the producer of dairy products under TM “Voloshkove Pole” in 2023 invested EUR1.5 million in the installation of the line “Tetrapak” to double the production of ultra-pasteurized milk, which intends to sell on the domestic market and export.
The company posted a UAH 46.773 million net loss in 2023, compared with a net profit of UAH 85.34 million a year earlier. The company’s revenue decreased by 1.35% to UAH 1.6 billion, assets by 1.5 times to UAH 1.048 billion, and debt obligations by 24.7% to UAH 1.279 billion. At the same time the number of personnel increased by 14 people to 913 employees.
Yuriya PJSC is the successor of Cherkassy Municipal Dairy Plant with a design capacity of 25 tons of raw material processing per day.
The company has subsidiaries “Yuriya-2” – a network of branded stores and kiosks in Cherkassy and “Yuriya-trans” – a trucking company, which delivers raw materials and materials for processing, products to retail outlets, as well as provides other transportation services.
The raw material area of the company is Cherkassy, Kirovograd, Poltava, Kyiv and Vinnitsa regions. Milk is collected in more than 200 settlements.
The beneficiaries of the enterprise are Alexander and Andrey Tabalovs.
