Business news from Ukraine

Business news from Ukraine

Odessa Baby Food Canning Plant saw its net profit drop by factor of 2.6 in 2025

3 May , 2026  

Odessa Baby Food Canning Plant JSC (OKZDH) reported a net profit of UAH 7.47 million for 2025, which is 2.6 times, or 61.6%, less than the UAH 19.45 million recorded in 2024, according to the National Securities and Stock Market Commission (NSSMC).

According to management’s report, over the year the plant expanded its product line to 91 items, began producing tomato paste, and continued to develop its dairy segment under the “Nashe Moloko,” “Nashi Verkhki,” and “Nash Kokteil” brands. It also received permission to produce organic purees under the “Chudo-Chado” brand with the right to use the ‘ORGANIC’ label, certified by “Organic Standard.”

The company’s revenue in 2025 was generated primarily from the production of baby food, which accounted for 35% of revenue, or UAH 35.88 million, and from the lease of property and equipment—27%, or UAH 27.82 million. Milk processing accounted for 15% of revenue, or UAH 15.33 million.

In March 2025, the Supervisory Board approved the use of services from JSC “Credit Agricole Bank” with the provision of property as collateral. The report does not specify the amount of funds raised or their intended use.

According to the financial statements, OKZDH’s revenue in 2025 amounted to UAH 101.19 million, a decrease of 0.5% compared to UAH 101.7 million a year earlier. Assets increased by 5.6% to UAH 454.99 million, while liabilities rose by 0.8% to UAH 275.65 million. The volume of capital investments in progress decreased from UAH 227.21 million to UAH 313,000 due to the commissioning of fixed assets.

Odessa Baby Food Canning Plant JSC was founded in 1996. It serves as the primary production base for the Vitmark-Ukraine holding company. The plant specializes in the production of fruit and vegetable products, juices, and purees for baby food, as well as dairy products. Its portfolio includes the brands “Chudo-Chado,” “Mama knows,” “Vega Milk,” “Nashe Moloko,” and “Nash Sok.” The plant supplies over 50% of the Ukrainian market’s demand for fruit purees for children.

The main shareholder is the joint venture “Vitmark-Ukraine” with an 89.46% stake. Vitaliy Vinitsky and Igor Anapolsky are listed as the ultimate beneficial owners.

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