According to “Serbian Economist”, the Ukrainian agricultural holding MHP has invested over 100 million euros in the modernization and development of production facilities in Serbia, Serbian Ambassador to Ukraine Andon Sapundži said in an interview with Mind.
MHP operates in the Serbian market through Perutnina Ptuj Topiko, a company specializing in the production and processing of poultry meat.
The company’s products are sold on the domestic market in Serbia and exported to Bosnia and Herzegovina, Montenegro, Albania, and North Macedonia.
MHP acquired over 90% of the shares in the Slovenian company Perutnina Ptuj in 2019. The total investment in the acquisition of the group amounted to approximately 221 million euros. The deal to purchase a controlling stake was officially completed in February 2019.
Since the deal was structured through a Slovenian company, these funds were not included in the statistics on Ukrainian direct investment in Serbia. Officially, their total volume from 2010 to the first quarter of 2026 was estimated at only approximately 9 million euros.
MHP remains the most prominent example of a major Ukrainian business operating in Serbia. Other Ukrainian companies operating in the country are predominantly small and medium-sized enterprises.
Following the acquisition of Perutnina Ptuj, the Ukrainian group began expanding its production base in Serbia. In particular, the company built seven modern broiler farming facilities in Bačka Topola. MHP refers to Serbia as Perutnina Ptuj’s largest market in the Balkans.
MHP was founded in 1998 and is an international company in the food and agrotechnology sector. The group’s headquarters are located in Kyiv, and its production assets are situated in Ukraine, Spain, and countries in Southeast Europe. The company employs over 39,000 people, and its products are exported to more than 70 countries. Yuriy Kosyuk is the founder and CEO of MHP.
In 2025, MHP’s revenue totaled $3.766 billion, EBITDA was $569 million, and net income was $187 million. The group’s shares have been listed on the London Stock Exchange since 2008.
