Ukrainian and Dutch investors are building a plant for the production of feed additives near Lviv

Ukrainian group of companies "Effective investments" and Dutch company Mada Participants B. V. announced the start of construction of the FEEDNOVA production complex with the production of high-protein feed additives and animal fats in the city of Busk (Lviv region). The investment in the plant is 20 million US dollars.

04 february 2020, 14:00

The Ukrainian group of companies "Effective investments" and the Dutch company Mada Participations B. V. announced the start of construction of the FEEDNOVA production complex with the production of high-protein feed additives and animal fats in the city of Busk (Lviv area). The investment in the plant is 20 million US dollars. The project will be the first in Ukraine to process raw materials from external suppliers. The new complex will include four production lines that will process more than 220 tons of raw materials per day. The total capacity of the plant will allow to produce about 90 tons of finished products per day. The project of the plant was developed taking into account the requirements of international certification in accordance with ISO 22000 and HACCP standards. Thanks to this, the company will be able to export products around the world.

"The problem of processing animal by-products is relevant for the whole country, especially given the active development of the industry. Our factory will be a powerful solution to this problem. Sustainable development of animal husbandry and food industry in the region is simply impossible without a developed infrastructure for processing by-products. That is why we plan to create at least 2 more enterprises in the Central part of the country and in the South," commented Igor Liski, Chairman of the Supervisory Board of the Effective investments group of companies. It is also important that the production will be engaged in the processing of animal by-products, and not waste disposal. In addition, the introduction of European quality standards at all stages of the company's operation will change the outdated practice of handling animal waste.

"It is worth noting that thanks to such investments, on the one hand, jobs with decent wages are created, and on the other hand, the development of technology in the industry is stimulated. This increases the efficiency of value chains. Separately, the launch of this plant is extremely important for the development of the country's livestock industry," said Serhiy Nikolaichuk, Deputy Minister of economic development, trade and agriculture of Ukraine. Nikolay Moroz, General Director Of the Directorate of food safety and quality, also stressed the importance of the arrival of investors for the modernization of the promising production sector. He noted that high-quality waste processing should be an integral part of animal husbandry and the food industry. The plant will be equipped with a full range of modern technological equipment for filtering all types of emissions, minimizing the impact of production on the environment. "We in the management have made a bid not only to attract investment, but also to support investors and the project. In particular, those companies and teams that can create new jobs and add revenue to the budget. For me personally, the ideas that the project brings and the purpose of its creation are important. I am convinced that the plant "Fidnova" will improve the entire infrastructure for livestock production in our and related areas, " said Roman Mathis, head of the investment policy Department of the Lviv regional state administration.

As an export-oriented company, FEEDNOVA will become the new budget-generating center of the region. The plant will create more than 80 jobs, as well as introduce a corporate responsibility program. The company is open to dialogue with both the Busk society and industry representatives.