Business news from Ukraine

WIMM-BILL-DANN UKRAINE SEES NET PROFIT RISE BY 30%

PrJSC Wimm-Bill-Dann Ukraine (Vyshneve, Kyiv region), producer of dairy products and baby food, in 2020 increased its net profit by 29.8% compared to 2019, to UAH 124.19 million.
According to the company’s information disclosure system of the National Securities and Stock Market Commission, the total assets of the company last year decreased by 1.1%, to UAH 1.25 billion, and retained earnings doubled to UAH 278.8 million.
An annual meeting of the company’s shareholders is scheduled for April 29, at which they intend to approve decisions on attracting PrJSC KPMG Audit to conduct an audit on the financial results of 2020, and direct the net profit received in 2020 to the development of production.
In 2001, Wimm-Bill-Dann Ukraine Ukraine acquired one of the largest milk processing enterprises in the country – Kyiv Dairy Plant No. 3, and in December 2010 the company became part of PepsiСo.
PepsiCo in Ukraine deals with fruits, vegetables and raw milk processing. The company owns three enterprises, namely: a plant for fruits and vegetables processing and juice production, a factory for plant for juices, carbonated beverages and cold tea production (both are located in Mykolaiv region), Kyiv Dairy Plant (Kyiv region), where the baby food factory Agusha, launched in 2012, is also located.
The largest PepsiCo brands in Ukraine are Sandora, Sadochok, Pepsi, 7UP, Mirinda, Slovianochka, Agusha, Lipton Ice Tea, Lay’s, HrusTeam, sparkling mineral water Essentuki and Aqua Minerale.

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