Ukrproduct Group, a major Ukrainian producer of packaged butter and processed cheese, maintained stable production levels at its main production sites in January-September 2025 and implemented business continuity protocols that had been refined since the start of the full-scale invasion.
“Exports accounted for 20.4% of total sales, strengthening the group’s position as one of Ukraine’s leading dairy exporters,” the company said in a report published on the London Stock Exchange on Thursday.
At the same time, processed cheese production volumes fell by 8.5%, which the company attributed to lower demand in the domestic market.
At the same time, Ukrproduct’s sales of processed cheese products increased by 8.1% due to consumers switching to cheaper alternatives. Sales of butter on the domestic market declined due to a significant decrease in profitability, but overall they increased by 25.8% due to exports.
The increase in exports of spreads boosted sales of spreads by 5% and sales of skimmed milk powder and skimmed milk products by 74.7%.
At the same time, kombucha sales increased by 30.6%, while kvass sales decreased by 13.3% due to cooler summer weather and a reduction in the number of keg sales outlets, the company explained.
During the period in question, Ukrproduct increased its sales of sunflower seeds more than fourfold, which it attributed to the diversification of its product range.
“Profitability remained under pressure due to dependence on diesel fuel, product spoilage, inflation in raw material prices, rising personnel costs, and continued instability in the energy sector,” the company said.
Ukrproduct Group is a large Ukrainian producer of packaged oil, processed cheese, and kvass. It produces dairy products under the trademarks Nash Molokhnik, Nash Sirok, Molendam, and Vershkovaya Dolina, as well as kvass under the trademark Arsenyevsky.
Ukrproduct Group consists of two plants in Zhytomyr (one specializing in processed cheese, the other producing kvass), as well as two enterprises in the Khmelnytskyi region: a milk plant in Starokostiantyniv, which produces packaged butter, spreads, cheese, and dry milk, and a dairy plant in Letychiv.
The group’s production facilities have the capacity to produce up to 70,000 tons of dairy products per year.
