News
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.
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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.
How Corporate Social Responsibility Transforms Society: Key Insights from GET Business Festival 2024
Global and local events continue to reshape economies, cultures, and perceptions of "Made in Ukraine." Simultaneously, the concept of corporate social responsibility (CSR) is evolving, becoming deeply embedded in brand culture.