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Austrian investors enter into joint venture of honey business worth EUR 10mln

Beehive honey processing plant is operating in the Cherkasy region of Ukraine

Beehive honey processing plant is a project with investments from Ukraine and Austria, the total amount of which stood at EUR 10mln.

The plant for processing honey was put into operations in the Cherkassy region in 2016. Now it is gaining momentum. In a short time it will advance to 2 shift schedules.

The company reports that the plant produces monofloric and polyfloral honey varieties. Production capacity of the enterprise allows producing 40 tons of honey per day over the area of ​​5 thousand square meters.

The company owns a honey farm in the Cherkassy region, and also it buys honey from beekeepers in Central, Eastern and Southern Ukraine.

Beehive exports honey to the USA and the EU countries: Italy, Spain, Germany, Bulgaria, and Slovakia.

To note, Beehive is a part of Effective Investments that implements innovative business projects in Ukraine. Effective Investment LLC incorporates enterprises of various industries and spheres of activity - coal industry, machine building, agriculture, paper industry, and construction.   

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