MHP plans to increase output of its Dutch plant

10 October 2016

MHP plans to increase output of its Dutch poultry processing plant from current 1.5k tons per month up to 10k tons, MHP Chairman Yuriy Kosiuk has said during Kiev International Economic Forum. Timing of increase is unknown as at the moment operations, according to Mr. Kosiuk, are close to break-even level as, supplying poultry for Dutch facilities, MHP is above established by EU quota for Ukrainian poultry import, so import duty is fully paid by the company.

Recently European Commission left unchanged duty-free quota for Ukrainian poultry import at 16k tons annually, which is only small part of total Ukrainian export (178k tons in 9m 2016), factually protecting its market from Ukrainian producers.

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