Business news from Ukraine

Kyiv’s businessman Dmytro Nikiforov has built up 100% of corporate rights in a group of companies owning the Mizun mineral water plant (Ivano-Frankivsk region), producing water under the VODA UA trademark. According to the information on the website of InVenture, the group of companies includes Mizun LLC, Astreya LLC and Karpaty Mineral Waters LLC. Mizun deposit of table and medicinal waters is the largest in Ukraine with a confirmed debit of 1 million liters per day. The plant produces 19 SKU of natural table water under three trademarks (VODA UA, Horianka, Karpatska Vysokohirna), as well as mineral medicinal water. The total capacity allows bottling 150,000 liters per shift.
According to InVenture, the new owner of the plant seeks to invest $2.4 million in the modernization and expansion of production, and in the two-year term – to enter the top 10 Ukrainian bottled water producers.
“According to experts, the purchase of the plant could cost the businessman $1.5-2 million. The flagship brand of the VODA UA group was created about three years ago and demonstrates strong growth, primarily in the HoReCa segment,” InVenture said.
According to the public register of Legal Entities and individual entrepreneurs, Nikiforov also co-owns several enterprises registered in Kyiv and is engaged in trade, consulting services, and other services.