Business news from Ukraine

The Roshen confectionary corporation (Kyiv) plans to build a dairy farm on the territory of Letychiv-Agro LLC (Khmelnytsky region) in 2021.
“Now we have a dairy herd of a little more than 1,000 heads. The average milking is 32 tonnes of milk per day. With the construction of the second farm, we will have 1,500 heads of the dairy herd, and the total livestock will be 3,000 head,” Roshen Corporation President Viacheslav Moskalevsky told reporters in Kyiv on Tuesday.
According to him, in 2020, it is planned to develop a project for the future dairy farm, in 2021 to begin construction.
As reported, the Antimonopoly Committee of Ukraine allowed Moskalevsky to acquire Letychiv-Agro LLC through PJSC closed non-diversified venture corporate investment fund Konditerinvest (Kyiv).
This acquisition will enable the corporation to increase its cattle livestock capacity.
The land bank of Letychiv-Agro is 4,000 hectares.
Roshen Corporation, one of the largest confectionery manufacturers in Ukraine, includes Kyiv, Kremenchuk (Poltava region) confectionery factories, two production sites in Vinnytsia region, Dairy Plant Bershadmoloko (Vinnytsia region), two production sites in Lipetsk region (Russia), confectionary facilities in Klaipeda (Lithuania), and Bonbonetti Choco factory (Hungary).