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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