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Kormotech Triumph: Family Business of the Year According to Forbes Ukraine

On December 8th in Kyiv, a ceremony identified the best in the business sector – 'Entrepreneur of the Year 2023' by Forbes Ukraine.

Rostyslav and Olena Vovk, co-owners of the Kormotech company, won in the 'Family Business' category.
 

The Forbes expert jury evaluated company leaders with an annual turnover or valuation of $25 million, who own a significant share of the company and are actively involved in its management.

During a challenging year, Kormotech increased its revenue from $110 million to $124 million by scaling up its exports. Currently, the company has distribution centers in Europe, three factories in Ukraine and Lithuania, and exports products to 40 countries worldwide.

'Entrepreneur of the Year 2023' by Forbes is not just an award; it's a recognition of achievements, innovation, and impact on the country's economy.
The Vovk family demonstrates that true leaders create a profitable business, positively impact society, and set new standards in their industry.

Other news by Kormotech

How Can Ukrainian Entrepreneurs Get Into Stanford Business School? The Experience of Igor Blystiv, CMO at Kormotech

Stanford Ignite Ukraine is a unique initiative launched by the Ideas Center of the Ukrainian Catholic University (Ideas Center UCU) in partnership with Stanford Graduate School of Business. The program is supported by Ukraine’s Ministry of Economy and Stanford alumna and philanthropist Natalia Anon.

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HRD Kormotech Olena Dmyterko at HR Wisdom Summit: Why Education-Business Partnerships Are Critical to Ukraine’s Economic Future

“We have one goal — a strong economy. And it starts with strong individuals. To achieve this, we need an education system that keeps pace with the world. Business must be a partner in this process,” said Kormotech’s HRD Olena Dmyterko at the HR Wisdom Summit.

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Kormotech Partners with Bulgaria’s Leading Pet Retailer Petmall

Kormotech has announced a strategic partnership with Petmall, Bulgaria’s largest online pet supply retailer and operator of 17 brick-and-mortar stores nationwide. Petmall also plans to open 8 new stores in the next 18 months, covering additional cities in Bulgaria, further strengthening its leadership position in the market.

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Kormotech became a strategic partner of American University Kyiv and supported the university’s expansion to Dnipro

We are pleased to announce that Kormotech, the leader of the Ukrainian cat and dog food market, has become a strategic partner of American University Kyiv (AUK), supporting the launch of bachelor’s programs and the AUK campus in Dnipro.

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Save Pets of Ukraine — among the winners of “Charitable Ukraine – 2024: Charity in Defense of Ukraine”

Our social initiative, Save Pets of Ukraine (NGO "U-Hearts Ukraine"), has been recognized at the National Contest “Charitable Ukraine – 2024: Charity in Defense of Ukraine.”

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