Business news from Ukraine

DELICIA CONFECTIONERY FACTORY PLANS TO INCREASE PRODUCTION IN 2020

Delicia confectionery factory (Bucha, Kyiv region) plans to re-equip the existing production of flour products (rusks and dry biscuits, flour pastries, waffles, etc.), which will increase production capacity to 28,000 tonnes annually, according to the Unified National Environmental Impact Assessment Registry of the Ministry of Environmental Protection and Natural Resources of Ukraine.
The company plans to install new production lines in the existing production – one Gourmetback tunnel gas furnace and six similar furnaces in a new production and storage facility.
The confectionery is also considering an alternative project – the reconstruction of the existing production and the construction of a new workshop for the production of pastries with a total capacity of 40,000 tonnes per year.
According to the registry, the main positive social and economic parameters of this production are an increase in tax revenues to the budget, an increase in jobs by a third to 900, and the development of the region’s infrastructure.
According to the Unified State Register of Legal Entities and Individual Entrepreneurs, the ultimate beneficiary of the factory is Polish citizen Robert Sekera.
There are no company’s financial statements for 2020, but in 2019 its revenue increased by 4.3% compared to 2018, to UAH 510.63 million, net profit by 1.7 times, to UAH 22.83 million, retained earnings by 28%, to UAH 109.34 million, and current liabilities decreased by 8.7%, to UAH 46.28 million.
According to the data on the confectionery factory’s website, it produces more 60 kinds of sugar, butter, aerated butter biscuits, wafers and cooked gingerbreads. The products are presented in branded stores and major retail chains in Ukraine.
Delicia exports its products to more than 20 countries of the world.

,