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About Ukrproduct

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    History

    Ukrproduct Group was established in the late 1990s, and subsequently evolved into its present form through significant organic growth. Ukrproduct initially acquired a stake in the butter and cheese plant in Zhytomyr - which has been operational since 1948 – before securing  a controlling interest in the plant via  recapitalisation and issuance of equity rights.

    Since 1997, Ukrproduct Group has evolved as follows:

    1997

    Acquired of 15% of butter and cheese plant in Zhytomyr by private owners

    1998

    Increased stake in butter and cheese plant in Zhytomyr to 40%

    1999

    Established distribution network

    2001

    Began the implementation of quality management accounting procedures at plant in Zhytomyr

    2002

    Acquired of dairy plant in Starokonstantyniv

    2001-2004

    Pan-Ukrainian expansion of distribution network

    2005

    Ukrproduct Group became a public company placing 27.2% of the share capital on London Stock Exchange (AIM) on 11 February, 2005

    2005-2006

    Acquired of Dairy plants in Zhmerynka and Letychiv, providing the Group with a wider access to milk supply zones as well as a greater distribution network in the regions of the acquired plants

    2006

    Launched `smoked processed cheese` at Zhytomyr plant.

    Skimmed milk powder (SMP) new drying facility was fully commissioned doubling SMP production capacity of the dairy plant in Starokosntantyniv

    2007

    Second smoke-room for the production of smoked cheese put in operation at plant in Zhytomyr doubling the production capacity of smoked processed cheese

    Launch of hard cheese production at the dairy plant in Starokonstantyniv

    Launch of SMP delivery under the United Nations World Food Programme

    Dairy plant in Starokonstantyniv certified as a supplier of SMP to Kraft Foods

    2008

    Launch of "Molendam" brand for the premium segment covering hard cheese and packaged butter.

    Ukrproduct brands are present in 50% of the Ukrainian retail chains. 

    2009

    Optimization of production operations. Concentration of processed cheeses and butter production at the production platform in Zhytomyr and Starokonstantyniv. 

    Nestle recognizes Ukrproduct as the best supplier of skimmed milk powder.

    2010

    "Ukrproduct Group" becomes the exclusive distributor of ‘Arsenievsky’ branded kvass in Ukraine

     Upgrade of spreads production

    2011 "Ukrproduct Group" receives the loan from the European Bank for Reconstruction and Development to modernize its dairy plant in Starokostiantyniv and to improve its energy efficiency

     

     

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    Annual & Interim Results

    Ukrproduct - Interim results announcement 2016

    Ukrproduct Group - Annual Report 2015

    Ukrproduct Group - Half-year results 2015

    Ukrproduct Group - Annual Report 2014

    Ukrproduct Group - Half-year results 2014

     

    More Annual & Interim Results

     

    Contact information

    Address in Ukraine:
    10th Floor, 39-41
    Shota Rustaveli St.,
    Kyiv 01033 Ukraine
    Tel/fax +380 44 232 9602

    Address in Jersey:
    26 New Street, St Helier
    Jersey JE2 3RA Channel Islands
    Tel/fax +44 1534 814 814

     

     

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