Delickcious
Premium food for cats and dogs
Club 4 Paws
Premium food for cats and dogs
My love/Gav
Standard food for dogs
My Love/ Miau!
Standard food for cats
Master
Standard food for cat and dog
Optimeal
Super premium food for cats and dogs
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
Kormotech Secures Grant from USAID Competitive Economy Program in Ukraine
Kormotech, a leading Ukrainian producer of cat and dog food and a globally recognized family-owned business, has been awarded a grant by the USAID Competitive Economy Program in Ukraine. This funding will enable the company to increase its dry pet food production in Ukraine by 22% and create 30 new jobs, contributing to the region's economic growth.
Trends in the Pet Food Market: Innovations, Premium Products, and Growing Demand for Snacks
The past few years have seen remarkable growth in the Ukrainian pet food market, showcasing changes that exceeded analysts' expectations. In the first 10 months of 2024, the market grew by 9% in volume compared to last year, with Kormotech demonstrating an impressive 11% growth.
Kormotech's 2024 Achievements: Launching a New Brand, Gaining Authorized Economic Operator, and Joining the Global TOP-50 Pet Food Producers
In June, Kormotech, a second-generation family business entered the TOP-50 global pet food producers, ranking 49th in the 2023 list by renowned American industry publication Petfood Industry.
Ihor Paranyak, Operations Director of Kormotech, discusses the implementation of effective energy solutions in business
Kormotech has received a grant to install solar power stations at its factories. This project costs €450,000, with the European government covering 60% of the expenses. We aim to produce 15% of our energy needs from solar power at our factories in Lithuania and Ukraine by the end of 2027.
Announcing the Winners of the 'Spivprostir' Contest
Kormotech, the animal welfare social initiative Save Pets of Ukraine, and the media organization Internews Ukraine have held the second edition of their journalism contest focused on responsible animal treatment. This annual media event aims to draw societal attention to crucial issues such as the humane treatment of animals, ecology, animal protection, and social responsibility.
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