LLC “Kulinichi” (Kharkiv region), a major manufacturer of bread and bakery products, has begun construction of a bakery in the Lviv region with a capacity of up to 150 tons of bread per day, part of which will be sold for export, according to the Ukrainian diplomat’s Facebook page Mikhail Bno-Ayriyan.
At the same time, it is specified that investments in the enterprise will amount to EUR 20 million over two years, part of the equipment for the plant will be transported from the Kulinichi plant in the Kharkiv region.
In turn, the bread manufacturer on his official Facebook page confirmed that he had begun construction of an enterprise in the Lviv region, but stressed that this did not mean the closure of the plant in the Kharkiv region.
“Yes, we are really building a new plant near Lviv. We are not closing the plant in Kharkiv, we are not closing our retail outlets in Kharkiv (…) We will bake bread for you, no matter what,” the Kulinichi page says in social network.
LLC “Kulinichi”, operating in Ukraine since 1995, unites 8 bakeries of the Kharkiv region and plants of the Poltava, Donetsk and Kyiv regions.
Since 1999, LLC has been cooperating with the Slovenian enterprise Gostol-Gopan.
PrJSC Kyivkhlib, the largest capital producer of bread and bakery products, received a net loss of UAH 2.76 million in 2018 against a net profit of UAH 15.27 million a year earlier.
According to the company’s announcement of a general meeting of shareholders scheduled for April 22, its assets decreased by 11% last year, to UAH 688.22 million.
The total debtor indebtedness over the year declined by 25.5%, to UAH 303.43 million.
By the end of the year, the retained earnings of Kyivkhlib amounted to UAH 87.31 million.
PrJSC Kyivkhlib was established in 1996 by transforming state-owned enterprise Kyivkhlibprom. It consists of nine production sites in the capital and Kyiv region.
