News
Kormotech Group of Companies 2024 with a $162.7 Million Turnover
Kormotech Group of Companies reported a 6.5% year-over-year increase in its annual turnover, reaching $162.7 million in 2024.
Over the past year, the company sold 83,000 tonnes of dry and wet pet food for cats and dogs, reflecting a 7.5% increase in volume compared to 2023. The premium segment remained the strongest performer, accounting for over 37,000 tonnes of sales.
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Kormotech Group of Companies 2024 with a $162.7 Million Turnover
Kormotech Group of Companies reported a 6.5% year-over-year increase in its annual turnover, reaching $162.7 million in 2024.
Over the past year, the company sold 83,000 tonnes of dry and wet pet food for cats and dogs, reflecting a 7.5% increase in volume compared to 2023. The premium segment remained the strongest performer, accounting for over 37,000 tonnes of sales.
Construction of the Second Kormotech Factory Begins in Lithuania: €60 Million Investment
Kormotech Group of Companies, Ukraine's largest pet food manufacturer and one of the world’s top 50 producers in the industry, has commenced construction of its second factory in Lithuania. The company is investing €60 million in this project, further strengthening its presence in the European market. The official groundbreaking ceremony took place in Kėdainiai.
Aid for Tails: Romanian Shelters Receive 6 Tons of Pet Food from Kormotech
The U-Hearts Foundation, created by the international pet food manufacturer of Kormotech Group of Companies, has distributed 6 tons of Optimeal cat and dog food valued at approximately 22,000 euros to Romanian shelters.
Save Pets of Ukraine: The Team Driving PAWsitive Change
Since the start of the full-scale war, thousands of animals have been left homeless, stranded in destroyed buildings, or trapped in active combat zones. To help them, Kormotech launched the Save Pets of Ukraine social initiative. Its primary mission is to provide comprehensive support for cats and dogs affected by the war.
Kormotech Donates 2,000 Kilograms of Pet Food to LKP “Lev”
Kormotech, the largest Ukrainian producer of cat and dog food, has renewed its partnership with the Lviv municipal enterprise “Lev” (LKP “Lev”). Since October last year, Kormotech has been meeting the organization’s food needs.
Kormotech Secures Grant from USAID
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.