Investment company EFI Group, founded by Igor Lisky, together with its partners, has announced the start of construction of the Feednova Center (Feednova TM) plant for the production of high-protein feed additives and animal fats in the Cherkasy region.
“Despite the war, Ukrainian businesses are investing EUR 14.4 million in the first phase of the project. Total investments are planned to exceed EUR 20 million,” according to a press release on Tuesday.
According to the release, the majority investor is EFI Group, together with its strategic partner, leading Dutch and Danish manufacturers of technology and equipment in the processing industry.
The enterprise will include four production lines that will allow processing more than 150 tons of raw materials per day and producing more than 50 tons of finished products: meat and bone meal, feather meal, blood meal, and animal fats. The plant is scheduled to launch in the third quarter of 2026.
According to Samvel Ramazyan, director of Fidnova Center LLC, the design of the plant has already been completed and a general contractor has been selected, whose name is not disclosed in the release.
The Ministry of Economy, Environment, and Agriculture said in a press release on Tuesday that Fidnova Center will be the first project in Ukraine to receive compensation for the cost of constructed engineering and transport infrastructure facilities as early as 2025, with the total amount of state support estimated at UAH 172.1 million.
To date, the Ministry of Economy has provided the investor with a conclusion on the feasibility of the project, and the order to sign an agreement between the state and the investor is currently being approved by the central executive authorities. An agreement between the investor and the state will be signed in the near future, the ministry said.
The new facility will be the second plant under the Feednova brand after the successful launch of the first plant in the Lviv region in 2021, according to the release. The company exports more than 80% of its products to EU countries and continues its own development through the introduction of new production lines and the implementation of energy efficiency projects.
“The second plant for the production of high-protein additives is critically important for the modern meat processing industry. We are creating an infrastructure for efficient processing that simultaneously reduces environmental risks, creates jobs, and generates added value within the country. The Cherkasy region is the ideal location for this plant: it has strong agricultural enterprises, logistics, and, most importantly, the support of the local community,” Liska said in the release.
It is noted that the enterprise will create more than 80 jobs in the community and should influence the development of agro-industrial complexes in the region, as it will be the first in the central part of the country to process raw materials from external suppliers.
Public Joint Stock Company Myronivsky Plant for the Production of Cereals and Mixed Feed (PJSC “MZIKK”) will hold its annual general meeting of shareholders on August 14, 2025, in the form of remote electronic voting.
The relevant announcement was published on July 29, 2025, in the SMIDA system, the official platform of the National Securities and Stock Market Commission.
During the event, shareholders will be asked to consider the following main issues:
• approval of the annual financial report for 2024;
• distribution of profits and decision on the payment of dividends;
• election and re-election of members of the supervisory board;
• appointment of an audit company for 2025–2026;
• possible amendments to the statutory documents and corporate procedures.
Voting will be conducted using electronic ballots, and shareholders can register their votes online before the date of the meeting. The company’s management recommends approving the reports and confirming the composition of the company’s governing bodies to ensure stable management and further development.
PrVT Mironivsky Plant for the Production of Cereals and Mixed Feed was founded in 1979 and is part of the Mironivsky Hliboproduct (MHP) agricultural holding group. The plant specializes in the production of cereals, compound feed, vegetable oil, premixes, and other additives for poultry farms and is part of an integrated industrial complex with elevators and oil presses.
The plant’s facilities include a grain elevator with a storage capacity of about 248,000 m³, a feed mill with a capacity of up to 90 tons per hour, and an oil-pressing plant with a processing capacity of up to 1,050 tons of oilseeds per day.
The enterprise has repeatedly occupied a leading position in Ukraine in terms of feed production.
Agroholding KSG Agro has completed the harvest of spring barley and wheat from an area of 7,604 thousand hectares, of which 6,428 thousand hectares were allocated for wheat and 1,176 thousand hectares for spring barley, the press service of the agroholding reported.
“This year’s summer harvest in our Dnipro region was difficult. Weather conditions, including the effects of last year’s drought, took their toll. (…) We plan to use the harvested grain as ingredients for mixed feed for our pig farm. Part of it will be sold under export contracts,” said Sergey Kasyanov, Chairman of the Board of Directors of KSG Agro.
The agricultural holding specified that during the summer harvest, 18 John Deere and Claas Lexion combine harvesters and 60 trucks were used on KSG Agro’s fields.
KSG Agro is a vertically integrated holding company engaged in pig farming, as well as the production, storage, processing, and sale of grain and oilseeds. Its land bank in the Dnipropetrovsk and Kherson regions is about 21,000 hectares.
According to KSG Agro, it is one of the top five pork producers in Ukraine.
In 2023, the agricultural holding began implementing a network-centric strategy, under which it will move from developing a large location to a number of smaller pig farms located in different regions of Ukraine.
UMG Investments, which combines the mineral extraction and processing assets of SCM financial and industrial group, has acquired a minor stake in Feednova, which is implementing a project to build a plant for the production of high protein feed additives and animal fat in Busk (Lviv region), according to a Feednova press release.
“We, as a local investor, understand that without new projects, without creating jobs and supporting business processes in portfolio companies, there will be no rapid economic recovery after overcoming the pandemic. We keep moving along all the previously agreed investment projects, and we are glad that our investment in Feednova helps create the first independent livestock by-product processing operator in Ukraine,” UMG Investments CEO Andriy Horokhov said.
Feednova said the financial details of this agreement were not disclosed.
Feednova is expected to process raw materials from external suppliers to produce feed additives and animal fat for farm and domestic animals. It is planned that the complex will have four production lines and five boilers (Mavitec, the Netherlands) with a capacity of more than 220 tonnes of raw materials and 90 tonnes of finished products per day. It is expected that up to 100 jobs will be created.
UMG Investments is an investment company with a focus on developing business in the raw materials and processing sectors. It was founded in 2006 by SCM Group. UMG Investments manages portfolio companies in the following sectors: mining, management of by-products and industrial waste, industrial goods and services. The market value of the assets managed by the company exceeds $500 million.
Kormotech LLC (Lviv region), a large Ukrainian manufacturer of cat and dog feed, has made the first shipments of cat feed under a private label to the UK and Finland.
According to the press service of the company, 19 tonnes of dry cat feed were delivered to the UK and 5,000 tonnes to Finland. The company plans to supply wet feed to Britain, which makes up 75% of the feed market in this country, and export products under its own trademark to these countries after obtaining the necessary certification.
“Northern Europe has a very developed market, and the largest share in this market belongs to super premium feeds. The UK is among the ten most powerful pet food markets in the world. Our goal is to enter the top 50 industry leaders in the world by 2023. Now our product exports account for about 15%, and we need to triple this figure to achieve our goal,” Ihor Paraniak, the production director of Kormotech, said.
The company planned in 2019 to make the first private label shipments to the UK and Finland, as well as to enter U.S. retail chains (now products are sold through Amazon in this country).
Kormotech exports products to over 20 countries, including France, Estonia, the Netherlands, Slovenia, and Poland.