Project details
The salmon-processing factory will be built at NOVO industrial park in Novovolynsk, 20 minutes drive from the Polish border. The salmon-ready and semi-ready products will be sold to export markets (60-70%) and the local market of Ukraine (30-40%).
Total Amount investment and other figures are shown at above slide. Payback period is expected tobe around 4 years with regards to high profitability of the end product and quite low cost base (electricity,manpower). Exceptional cost-effective structure of production will drive high yields for shareholders with apossibility to scale-up the project (phase 2 and phase 3) and build a sustainable value chain of a qualityfood-solutions in Europe.
Currently in Ukraine there are only 3major manufacturers who produce salmon withorientation to export (more than 50% ofproduced goods go to EU, US and even Japan).However, main customers that we are targetingare in EU, US and other overseas marketsbecause our plant will be located just 25 kmfrom border with Poland and will be exportoriented as we know sales channels andunderstand route-to-market of our future sales.Main B2B customers are retailers (private labelproducts), distributors and HORECA channel food-solutions.
Salmon fresh food market in EU is estimated at 18 bln EUR and growing each year.Our group of companies consists of OPOS and Bureau of Investment Programs. OPOS is atop-3 importer of fish and meat in Ukraine, has a history of more than 25 years in meat and fishtrading with a help of global suppliers like Danish Crown, Leroy, Toennies Fleisch, etc. With existinginternational B2B customers like Metro cash and carry, McD and other big retailers and meat & fishfactories.Our vision is to be a top-10 Central and Eastern European ready-food supplier in fish and meatsolutions by 2030.
Bureau of Investment Programs is a development and investment company with a focus onindustrial parks development and investment attraction. The company is managing 2 industrial parks on theborder with Poland and several real estate projects, including own construction company and architectdesign studio which serves successfully with high-quality projects for international and Ukrainiancustomers
