Business news from Ukraine

Business news from Ukraine

T.B.FRUIT OCCUPIES 10% OF WORLD JUICE MARKET IN 2019

16 February , 2020  

The T.B.Fruit group of companies, the largest fruit and berry processor in Ukraine, in 2019 occupied 10% of the world juice market, increasing its share, founder of T.B.Fruit Taras Barschovsky has said.
“It was 8-9% [the share in the world juice market in 2018], depending on the season and consumption. In August, we launch a new plant in Poland, the share will increase significantly,” he told Interfax-Ukraine.
According to Barschovsky, after the launch of the plant in Poland, the group’s share in the world juice market will increase to 12-14%.
According to him, in 2019 T.B.Fruit increased juice production compared to 2018 by 10%.
As reported, T.B.Fruit on May 30, 2019 announced the start of construction of the eighth plant of the fruit and berry processing group in Brzostowiec (Poland), investments in which will amount to EUR45 million.
According to the group, its capacity for processing apples will amount to 300,000 tonnes, strawberry 10,000 tonnes, cherry some 6,000 tonnes, raspberry some 12,000 tonnes, and currant some 7,000 tonnes per year.
T.B.Fruit is a vertically integrated international group of companies with a closed production cycle (growing raw materials, processing, transportation).
The group of companies was created in July 2011 after combining all the assets of businessman Taras Barschovsky.