PrJSC MHP

PrJSC MHP, historically known as Myronivsky Hliboproduct, is a Ukrainian food and agritech company headquartered in Kyiv. Founded by Yuriy Kosyuk in 1998, it developed from an agricultural and feed enterprise into a vertically integrated group covering poultry breeding, hatcheries, broiler production, feed manufacturing, crop cultivation, oilseed processing, meat processing, food distribution, retail, restaurants, and food-service solutions. The company controls or coordinates much of the chain from agricultural inputs to branded consumer products, a structure intended to improve supply security, production efficiency, and quality control. MHP is best known for poultry. Its Ukrainian operations produce chilled and frozen chicken, while its wider portfolio includes processed meat, sausages, ready-to-cook and ready-to-eat meals, meat snacks, vegetable oils, and animal feed. The company markets products under Ukrainian brands such as Nasha Ryaba, Apetytna, Lehko!, Bashchynskyi, Super Fileo, RyabChick, Domestic Chicken, Ukrainian Chicken, and Kurator. Its export-oriented brands include Qualiko, Sultanah, Assilah, and Al-Hassana. Through the Perutnina Ptuj group, MHP also has significant Balkan operations and participates in regional brands including Perutnina Ptuj and Poli. The company exports more than half of its products to over 70 countries, with major destinations in the European Union, the Middle East, and Africa. Its international network includes manufacturing and distribution operations in Ukraine and the Balkans, along with subsidiaries or commercial entities in countries including the Netherlands, the United Kingdom, the United Arab Emirates, Saudi Arabia, and other European markets. MHP reports more than 25 logistics hubs in Ukraine and abroad and operates a large agricultural land bank across Ukrainian regions. MHP became the first Ukrainian agricultural company to obtain foreign equity capital through a London Stock Exchange initial public offering in 2008. Its international expansion accelerated with the acquisition of Perutnina Ptuj Group, completed in 2019, giving the group production facilities in Slovenia, Croatia, Serbia, and Bosnia and Herzegovina and distribution capabilities serving a broad European market. In parallel, MHP shifted its strategic emphasis from the sale of agricultural raw materials toward value-added culinary products, branded food, retail, and food-service partnerships. The group also operates energy and environmental projects. Its MHP Eco Energy activities include three biogas complexes using poultry manure and other production waste to generate renewable energy and organic fertilizer. MHP has presented these projects as part of its efforts to reduce waste, improve energy independence, and lower emissions. The company has additionally invested in community development, employee and veteran support, rural initiatives, food safety systems, precision agriculture, and wastewater treatment. MHP remains active in Ukraine during the country’s war-related economic disruption. It states that employees serving in the military retain employment and salary support and that veterans receive medical, psychological, legal, rehabilitation, retraining, and employment assistance. In 2024, the company expanded its food-service direction, introduced the Super Fileo product, participated in SIAL Paris, acquired a controlling interest in KK & Sons, and reported the entry of Saudi Agricultural and Livestock Investment Company as a shareholder. The group is therefore positioned not simply as a poultry producer but as an integrated food platform with agricultural, manufacturing, export, retail, and business-to-business food capabilities.

MHP was established in 1998 by Yuriy Kosyuk, initially acquiring a controlling interest in the Myronivsky Cereal and Feed Mill. The company’s industrial poultry strategy took shape in 1999 when it acquired and modernized Peremoha Poultry Farm. Druzhba Narodiv Nova Poultry Farm and Starinska Poultry Farm joined the group in 2001, strengthening broiler and parent-flock capabilities. In 2002, MHP launched Nasha Ryaba, a chilled-chicken brand that became central to its Ukrainian consumer business. The group expanded its financing and industrial base during the following decade. It received an International Finance Corporation loan in 2003, used to modernize and expand production. A sunflower-seed processing plant opened in 2004. In 2005, MHP acquired Zernoproduct and the Katerynopil Elevator, broadening the business into grain cultivation, dairy farming, storage, feed, and oilseed processing. In 2006, it completed the Myronivka Meat Processing Plant Lehko!, described as one of Ukraine’s major facilities for ready-to-cook and ready-to-eat products. Agricultural businesses including Urozhai and Agrofort also joined the group. Production capacity increased substantially in 2007 through the first line of the Myronivska Poultry Farm, additional feed lines, and expanded hatching capacity. MHP also acquired Western Ukrainian agricultural enterprises. In 2008, it completed an initial public offering on the London Stock Exchange, becoming the first Ukrainian agricultural company to list on the exchange’s Main Market. The company continued adding value-added products, including Bashchynskyi meat and sausage products. A second Myronivka production line was completed in 2009, while oilseed-processing capacity was expanded to support feed production. The company’s largest Ukrainian expansion began in 2010 with construction of the Vinnytsia Poultry Farm in Ladyzhyn. MHP also increased its agricultural land base through additional farm acquisitions. In 2011, it initiated a biogas project using poultry manure at the Oril-Leader poultry operation. The first phase of Vinnytsia Poultry Farm entered service in 2012, and by the end of 2013 multiple growing zones were operating at full capacity. During this period MHP began exporting to the European Union, introduced quarterly dividends, and expanded its Ukrainian agricultural portfolio. Internationalization accelerated from 2014 onward. MHP exhibited at major food fairs including Gulfood and SIAL, expanded exports to approximately 50 countries, and introduced the Qualiko export brand. It added the Zakhid-Agro enterprise in 2015, opened a European office and production facility in the Netherlands in 2016, and began implementing Global G.A.P. agricultural management practices. The company also launched Village. Steps to Development, a rural-community micro-grant initiative. In 2017, it rebranded its corporate identity, started the second phase of Vinnytsia Poultry Farm, and highlighted its early adoption of HACCP food-safety systems. MHP negotiated the acquisition of Perutnina Ptuj Group in 2018 and completed the transaction in early 2019. The deal created a substantial Southeastern European platform, with facilities in Slovenia, Croatia, Serbia, and Bosnia and Herzegovina and distribution across European markets. MHP also began construction of the Biogas Ladyzhyn complex. In 2019, the group described a strategic transformation from raw-material production toward culinary and value-added food. Its global depositary receipts were admitted for circulation in Ukraine. In 2020, MHP launched MeatMarket stores, Döner Market restaurants, and the Secrets of the Chef gastro studio, extending its presence toward retail and food experiences. In subsequent years it emphasized its position among Ukraine’s major agricultural holdings, its role as a significant taxpayer and investor, and its support for communities and personnel affected by the war. The group continued developing renewable energy, agricultural technology, and processed-food products. In 2024 it launched MHP Food Service, introduced Super Fileo, presented its culinary portfolio at SIAL Paris, expanded its Ukrainian logistics and meat-related holdings, and reported the arrival of SALIC as a shareholder.

1. 2024Food-service and portfolio expansion

   MHP launched MHP Food Service, introduced Super Fileo, expanded Ukrainian assets, and presented its product portfolio at SIAL Paris.

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2. 2020Retail and restaurant formats launched

   MHP introduced MeatMarket stores, Döner Market restaurants, and the Secrets of the Chef gastro studio.

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3. 2019Perutnina Ptuj acquisition completed

   MHP completed its acquisition of the Balkan poultry and meat group Perutnina Ptuj.

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4. 2016European expansion

   MHP opened its first European office and production facility in the Netherlands.

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5. 2011Biogas program begins

   MHP initiated a poultry-manure biogas project at Oril-Leader.

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6. 2008London Stock Exchange IPO

   MHP became the first Ukrainian agricultural company to complete an IPO on the London Stock Exchange Main Market.

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7. 2002Nasha Ryaba launches

   MHP introduced its chilled-chicken consumer brand Nasha Ryaba.

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8. 1999Entry into industrial poultry production

   MHP acquired and modernized Peremoha Poultry Farm.

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9. 1998MHP is founded

   Yuriy Kosyuk founded MHP and acquired a controlling interest in the Myronivsky Cereal and Feed Mill.

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Vertically integrated, mass-market and value-added food producer with premium and export-oriented product lines.

• Nasha RyabaChilled chicken2002

  MHP’s established Ukrainian chilled-chicken brand, launched in 2002 and associated with the group’s domestic poultry business.

• QualikoExport poultry2014

  An international-facing MHP poultry brand created to support exports to markets outside Ukraine, including the Middle East, Africa, and Europe.

• BashchynskyiProcessed meat2008

  A branded line of processed meat and sausage products added to MHP’s portfolio during its expansion beyond unprocessed poultry.

• Lehko!Ready-to-cook and ready-to-eat food2006

  A convenience-food brand connected with MHP’s Myronivka Meat Processing Plant and its move toward prepared culinary products.

• Super FileoReady-to-cook chicken2024

  A boneless chicken thigh fillet launched as a convenient, high-quality solution for home kitchens and professional food preparation.

• Perutnina PtujBalkan poultry and meat

  A major Balkan poultry and meat business within MHP, operating production facilities in Southeastern Europe and distributing products across European markets.

• PoliProcessed poultry and meat

  A Perutnina Ptuj-associated brand included in MHP’s Balkan portfolio and presented internationally alongside the group’s other value-added products.

• 2024SIAL Paris culinary showcase

  France · International

  MHP presented value-added products under Qualiko, Ukrainian Chicken, Sultanah, Assilah, Poli, and Chick&Go and used virtual reality to show visitors its production network.

  Outcome. The appearance supported MHP’s positioning as a culinary and food-solutions group rather than solely a raw poultry supplier.

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• 2016Village. Steps to Development

  Ukraine

  MHP launched a micro-grant program intended to encourage social activity and local development in rural communities.

  Outcome. The program became part of MHP’s community-development and rural stakeholder initiatives.

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• 2014International food-exhibition expansion

  United Arab Emirates · France · International

  MHP made its first reported appearances at Gulfood in Dubai and SIAL in Paris while broadening the international visibility of its export brands.

  Outcome. The company expanded its reported export geography and introduced Qualiko as an international brand.

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• 2024Expansion into food serviceStrategy

  MHP’s strategy had been shifting from agricultural raw materials toward culinary products and business-to-business food solutions.

  What changed. The company launched MHP Food Service for delivery providers, canteen operators, event caterers, and other businesses.

  Aftermath. The initiative extended MHP’s value-added food platform into institutional and commercial nutrition services.

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• 2019Acquisition of Perutnina Ptuj GroupM&A

  MHP wanted to strengthen its European manufacturing, distribution, and branded-food presence.

  What changed. After negotiations begun in 2018, MHP completed the acquisition of Perutnina Ptuj Group.

  Aftermath. The transaction expanded MHP’s production and distribution footprint across Southeastern Europe.

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• 2008Public-market expansion through London IPOM&A

  MHP sought international equity capital to support the expansion of its integrated agricultural and poultry platform.

  What changed. The company completed an IPO on the London Stock Exchange Main Market.

  Aftermath. MHP became the first Ukrainian agricultural company to achieve that form of London listing and gained access to international capital markets.

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• 2024MHP introduces the Super Fileo product

  MHP launched Super Fileo, a boneless chicken thigh fillet positioned as a convenient ready-to-cook product for household and professional use.

  Product launch
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• 2024MHP presents culinary products at SIAL Paris

  The company exhibited value-added products from several Ukrainian and international brands and used virtual-reality material to present its production operations.

  CampaignProduct launch
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• 2024MHP expands into Ukrainian logistics and meat assets

  MHP became the reported legal owner of 70% of KK & Sons, connected with KTL Ukraine, and invested in Ukrainian Meat Hutir.

  M&A
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• 2024SALIC becomes an MHP shareholder

  Saudi Agricultural and Livestock Investment Company acquired a reported minority stake in MHP, broadening the group’s strategic shareholder base.

  M&A
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• MHP reports environmental dispute concerning water quality

  Activists raised concerns that wastewater associated with a facility near Kaniv could affect the Rosava River. MHP said company-commissioned research found no pollution caused by its operations and pointed to treatment infrastructure and regulatory monitoring.

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1. PrJSC MHP