Last checked at 14 Mar 2022 09:41
14 March 2022
Kyiv, Ukraine
MHP SE
Damage to Warehouse - Loss of Produce
MHP SE, the parent company of the international food and agricultural group with headquarters and principal operations in Ukraine would like to inform its stakeholders that due to shelling by the occupying forces on March 12, in the village of Kvitneve (Kyiv region), a fire broke out in a warehouse (rented by the Company, two buildings) where frozen MHP chicken meat products were stored. As a result of the fire, poultry products worth of around US$ 8.5 million was destroyed. It was the largest warehouse in Ukraine used for the storage of frozen products and predominantly used by large retail chains in Ukraine.
There were no warehouse workers injured.
This is not the first food warehouse in the Kyiv and surrounding Ukrainian regions be destroyed by the RF occupiers in the last few days. The occupying forces are significantly jeopardizing the food security of Ukraine, where a vulnerable population urgently requires food and is further challenged either by logistical problems (many roads and bridges no longer exist) or finds itself on occupied territories.
At the time of this release, around 8,500 tonnes of poultry (potential financial adverse impact of more than US$ 20 million) is at risk where MHP has a limited access to the warehouses in the southern regions of Ukraine and in the Kyiv region, primarily due to destroyed infrastructure supporting logistics (destroyed roads and railways).
The Company continues to focus on the care and wellbeing of the people of Ukraine. Currently, MHP has a key responsibility in the food security of the country and it continues its operations despite substantial difficulties in supply chain and logistics. MHP fully understands how important poultry production is for Ukraine and its population at such difficult times. All MHP employees are fully committed in every effort to ensure that Ukrainians have access to food now and at any time in the future.
If you #standwithUkraine it will help us to stop the war!
For further information, please contact:
Anastasiia Sobotiuk, Director of IR +386 41 30 72 65
a.sobotyuk@mhp.com.ua
Dr John Rich, Executive Chairman +38 050 312 13 35
j.rich@mhp.com.ua
John Grant, Senior Independent Director +44 7768 465 042
j.grant@mhp.com.cy