Business news from Ukraine

UKRAINIAN MILK ALLIANCE LAUNCHES EUR 1 MLN MOZZARELLA PRODUCTION LINE

3 October , 2020  

Milk Alliance has invested EUR 1 million in launching a mozzarella production line with a production capacity of 10 tonnes of product per day.
“We have the Big Construction project this year. The smiling Italian technologist in the photo is finishing setting up the automated line of COMAT for the production of mozzarella … Until the end of October, it will be in trade. It is one of the reconstruction projects in 2020. The investment is EUR 1 million. Some 10 tonnes of product per day. We focus on both the domestic market and export,” co-owner of Milk Alliance Oleksandr Derkach said on his Facebook page.
Milk Alliance was established in June 2006 as a holding company with a charter capital of UAH 23.5 million and a 99.9% balance sheet consisting of long-term financial investments.
Milk Alliance in the first half of 2020 increased output of dairy products by 4% compared to the same period in 2019, to 76,950 tonnes, while 7,940 tonnes of products were exported, which is 27% less than for the same period in 2019.

,