Business news from Ukraine

Business news from Ukraine

“Poltava Poultry Farm” Increased Its Half-Year Profit by 82.9%

In January–June 2026, PJSC “Poltava Poultry Farm” increased its net profit by 82.9% compared to the same period in 2025, reaching 19.07 million UAH.

According to the company’s disclosure in the National Securities and Stock Market Commission (NSSMC) disclosure system, its net revenue from product sales rose by 20.9% to 545.9 million UAH.
According to the financial statements, the company’s gross profit for the first half of the year increased by 12.9% to 190.2 million UAH, while operating profit rose by 82.9% to 23.3 million UAH.

As of June 30, 2026, the assets of Poltava Poultry Farm PJSC totaled 1.079 billion UAH, compared to 1.068 billion UAH at the beginning of the year. Equity rose to UAH 1.035 billion from UAH 1.016 billion, while current liabilities decreased to UAH 44.5 million from UAH 51.7 million.

In its interim management report, the company noted that during the reporting period it maintained a stable level of production, fulfilled its obligations to partners, and no significant adverse events that could affect its financial or operational stability were recorded. Among the main risks, the company cites the continuation of the war, logistical difficulties, inflationary pressure, exchange rate fluctuations, and rising energy prices.

Poltava Poultry Farm PJSC was registered in August 1998. Its primary activity is poultry farming. The company is also engaged in the production of poultry meat and meat products, as well as the cultivation of grain and oilseed crops. Its production facilities are located in the village of Stasi, Poltava Oblast. According to the Unified State Register, the company’s ultimate beneficial owners are Ruslan Urdzik, Bohdan Yesipov, Volodymyr Troyan, Serhiy Semenyachenko, Andriy Milovanov, and Mykhailo Zhikharev.

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Ukraine reduced poultry meat exports by 2% in 2025

According to the Ukrainian Agribusiness Club (UAC), Ukraine exported 436,000 tons of poultry meat to foreign markets in 2025, a 2% decrease compared to the previous year.

The business association noted that despite a slight annual decline, current export volumes are 1% higher than the average for the past five years. The key consumers of Ukrainian products remain EU countries (30.6%), the Middle East (27.2%), and European countries outside the EU (22.6%).

According to analysts, total poultry meat production in 2025 amounted to 1,390,000 tons. Meanwhile, the industry is gradually recovering: the poultry population had grown to 192.3 million birds by early 2026 (+3%). The share of poultry in industrial enterprises is 64%, while in private households and small farms it is 36%.

“Growth is driven primarily by industrial enterprises that are investing in modernization and biosecurity, which allows them to maintain efficiency despite high feed costs,” the association explained.

A distinct trend of the year was a sharp decline in imports—to 46,000 tons, which is 73% below the five-year average. The UACB attributes this to increased market self-sufficiency and the expansion of domestic producers’ capacity, who are successfully replacing foreign products.

“The poultry industry is operating under pressure from economic and energy challenges, yet it maintains its production potential. The growing role of medium-sized and regional producers, as well as their investments in modernization, play a key role in supporting the domestic market and increasing exports,” the UCAB concluded.

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Ukraine increased poultry meat supplies to EU and UAE in January

Poultry meat exports from Ukraine in January 2026 amounted to 38.1 thousand tons, which is 6.1% more than in December 2025, according to the Ukrainian Poultry Farmers Union.

The industry association specified that in monetary terms, exports for the specified period decreased by 2.1% to $85.4 million.

“The growth in physical export volumes against the backdrop of a decrease in total revenue is a consequence of a decline in the export value of products due to a fall in world prices for poultry meat,” the Poultry Farmers Union noted.

The main buyers of Ukrainian products in January were the Netherlands (21.9%), the United Kingdom (11.8%), the UAE (9%), and Slovakia (8.2%). The share of EU countries in total exports was 37.3% (13.8 thousand tons). At the same time, in monetary terms, the European market provided almost half of the foreign exchange earnings – 48.7%.

As reported, in 2025, Ukraine reduced the physical volume of poultry meat exports by 1.8% compared to 2024, to 458.1 thousand tons, but foreign exchange earnings from its sale increased by 13.7%, reaching $1.15 billion. The main markets were the EU countries (in particular, the Netherlands and Slovakia), Saudi Arabia, and the United Kingdom.

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Poultry meat exports from Ukraine brought in $1.15 bln, despite slight decline in volume

Poultry meat exports from Ukraine in 2025 decreased by 1.8% to 458,100 tons, while revenue for the year amounted to $1,149.1 million, which is 13.7% more than in 2024, according to the Ukrainian Poultry Association (UPA), citing data from the State Customs Service.

The industry association noted that 18.4 thousand tons of the total export volume accounted for export shipments of finished poultry meat products totaling $58 million.

“The growth in total revenue amid a decline in physical export volumes indicates an increase in the export value of products and favorable price conditions in foreign markets over the past year,” the UPA explained.

The main buyers of Ukrainian poultry meat in 2025 were the Netherlands (17.4%), Saudi Arabia (9.9%), Slovakia (7.6%), and the United Kingdom (11.9%). The share of exports to EU countries in total exports reached 30.6% (139.7 thousand tons). Thus, the countries of the European Union, the Middle East, and the United Kingdom continue to form the basis of external demand for Ukrainian poultry products, the APU emphasized.

The association explained the growth in export revenues, despite a slight decrease in physical export volumes, by an increase in average export prices and an increase in the share of products with higher added value.

In addition, Ukrainian producers are gradually reorienting exports to solvent markets, which allows them to offset logistics costs and maintain production profitability amid constantly rising production costs, the Poultry Farmers Association noted.

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Avesterra Group plans to increase its poultry population to 10 mln

Avesterra Group intends to increase its poultry population to 10 million, build a feed mill, and expand its land bank to 25,000 hectares, co-owner Dmitry Dobkin said in an interview with Liga.net.

“We will build poultry farms. We currently have capacity for 4.1 million birds. We need to develop this to 10 million birds per batch. In turn, this pace of development requires the modernization of the existing feed mill or the construction of a new one. This is because the existing one will definitely not be able to cope with the new production capacity,” he said.

Dobkin said that the group had accumulated a land bank of 3,000 hectares for the construction of a modern poultry processing plant in the Volyn region. However, in order to be independent from external cataclysms and to provide the poultry farm with feed, there are plans to expand the land bank to 25,000 hectares of fields.

He said that another way to minimize production risks is to create their own incubation facility, including the formation of a parent flock.

“Then the entire chain from egg to finished meat will be ours,” Dobkin emphasized.

Avesterra Group was established in January 2025. It includes Volodymyr-Volynskyi Poultry Farm and Lutsk Agrarian Company, which produce 53,000 tons of broiler meat per year. Annual revenue is about UAH 4 billion. Of the 5,000 tons of total production, 700 tons are sold under the Epicur brand, and the rest under the Chebaturochka brand.

In June 2025, the group launched a processing plant, in which it invested EUR 60 million. It is located in Volyn, covers 30,000 square meters, and has new treatment facilities.

The business is owned in equal shares by the Dobkin family.

Volodymyr-Volynskyi Poultry Farm accounts for about 5% of the Ukrainian chicken market. It has seven branches: Kharkiv, Kyiv, Odesa, Dnipro, Vinnytsia, Lviv, and Volodymyr. The factory’s infrastructure consists of 100 poultry houses, a slaughterhouse, and a feed mill. The company also has its own land fund of 3,000 hectares, where it grows cereals and legumes for the production of compound feed, as well as industrial crops. The factory employs over 1,500 people.

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Poultry exports brought Ukraine $962.7 mln in 2024, up 20.4%

Exports of poultry meat brought Ukraine almost $1 billion in 2024, the Verkhovna Rada Committee on Agrarian and Land Policy reported, citing information from the State Customs Service of Ukraine.

According to the report, in 2024, the Ukrainian poultry industry demonstrated an increase in exports, which increased by 5.7%, and revenues, which increased by more than 20%.

At the same time, exports of poultry meat and edible offal reached 448.8 thousand tons, which is 5.7% more than in the previous year. Total exports amounted to $962.7 million, which is 20.4% higher than in 2023.

The main importers of Ukrainian products were the Netherlands, which purchased 23.2% of total exports. Saudi Arabia ranked second with a share of 16.1%, and Slovakia was third with 8.5%.

In 2024, Ukraine also exported 77.8 thousand tons of eggs, which is 59.4% more than a year earlier. In monetary terms, exports increased by 22.5% compared to 2023 to $74.5 million. The main buyers of Ukrainian eggs were Israel (14.1%), Poland (11.7%) and Italy (11.1%).

The growth in exports demonstrates the high competitiveness of Ukrainian products in the international market and the efficiency of domestic producers. Expanding the geography of supplies and increasing demand for Ukrainian poultry and eggs once again emphasize its quality and compliance with international standards, the MPs noted.

The Verkhovna Rada emphasized that these indicators are a positive signal for the further development of the poultry industry in Ukraine, in particular for attracting new investments and expanding export potential.

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