Biosphere Corporation has announced its intention to increase its export share in total sales from the current 30% to 50% by 2030.
According to Iryna Nesterenko, vice president of operations at the corporation, as reported to Interfax-Ukraine, exports accounted for 15% of sales before the full-scale war, and by the end of this year, they will grow to 30%, half of which will be to EU countries.
“Our first step abroad took place back in 2006 – shipments of our Freken BOK and Smile brands to Moldova. After that, we actively expanded our presence in Central Asia and the Caucasus (Georgia, Armenia, Azerbaijan), and in 2022, we began to shift our focus to Europe,” Nesterenko described the historical path of expansion.
She recalled that in the fall of 2022, Biosphere acquired the Austrian brand Alufix, along with production facilities in Romania and branches in four EU countries, which significantly strengthened the company’s position in Europe.
Biosphere Corporation is Ukraine’s largest manufacturer and distributor of household and personal hygiene products and one of the major players in this industry in Eastern Europe and Central Asia. The company’s products are represented in more than 25 countries, and its production facilities consist of seven factories in Ukraine and Europe. Created over more than 27 years of activity, Biosphere’s portfolio of 21 own brands includes, among others, Freken BOK, Smile, Novita, Lady Cotton, PRO service, Alufix, and Vortex. At the end of 2023, the company launched a new Tea&Food division with its own Cupsoul production, represented by such tea brands as Graff and Ritz Barton.
In February this year, the founder and CEO of the corporation, Andriy Zdesenko, announced that last year the group’s key businesses increased their revenue by approximately 20% to UAH 7.5 billion, and that this growth is expected to continue in 2025.
