Business news from Ukraine

Business news from Ukraine

Cherkasy Bakery allocated UAH 83 million for construction of new mill

A new high-tech mill with a capacity of 120 tons of flour per day has been launched in Cherkasy, according to a Facebook post by Andriy Tabalov, chairman of the supervisory board of Cherkasy Bakery and CEO of Voloshkovoe Pole Dairy Company.

“We have invested more than UAH 83 million in the construction of the new mill and its complete technical equipment. This is an important contribution to the country’s food security,” he wrote.

Tabalov noted that modern technologies have made it possible to switch to the production of premium flour and reduce electricity consumption.

The mill is already in operation and supplies flour to the Cherkasy, Kirovohrad, Chernihiv, Odesa, and Dnipropetrovsk regions.

Cherkasy Bakery PJSC was registered in 1996. It specializes in the production of bread and bakery products, flour confectionery, cakes, and short-term storage pastries. The products of PJSC Cherkasy Bakery are sold both on the domestic market and exported to the EU, the US, Asia, and Africa. The authorized capital is UAH 29.02 million.

 

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