International food and agri-tech company MHP is considering investments in Argentina’s poultry sector as it continues its international expansion strategy following several major acquisitions in Europe. This was announced by the company’s founder and CEO, Yuriy Kosiuk, during the Concorde Capital investment conference in Kyiv.
According to Kosiuk, the company is analyzing the prospects of Argentina’s poultry market, which he believes has significant growth potential and remains insufficiently competitive. The MHP CEO noted that the current state of the industry in Argentina resembles a market where participants have operated for a long time in comfortable conditions without serious competitive pressure, creating opportunities for efficient international players.
Kosiuk also identified the economic reforms of Argentina’s President Javier Milei as an additional factor increasing the attractiveness of the Argentine market for investors. In particular, this includes economic liberalization, changes to labor legislation and restrictions on the influence of trade unions, which, in the view of businesses, contribute to an improved investment climate and greater operational efficiency for enterprises.
MHP’s interest in Argentina comes amid the company’s active expansion in the European market. Kosiuk recalled that the Ukrainian company had previously faced restrictions on supplies to European Union countries due to quotas and other mechanisms designed to protect the domestic market. In response, MHP began acquiring European companies, gradually becoming one of the largest poultry producers in Europe.
According to the company’s CEO, following the agreement to acquire Greek poultry producer Th. Nitsiakos AVEE, MHP has significantly strengthened its market position and now exceeds its closest competitor in the European market by approximately 2.5 times. The company also sees significant opportunities to further increase production at the acquired assets.
In particular, Kosiuk said that after completing the integration of the Greek business, MHP expects to increase its operations in Greece by approximately 2.5 times over the next year and a half, despite the fact that the acquisition target is already the leader in the local market.
The financial performance of MHP’s European segment confirms the effectiveness of its international expansion strategy. In the first quarter of 2026, revenue of MHP’s European operating segment increased 2.4 times year-on-year to $354 million. EBITDA grew 2.2 times to $42 million.
In recent years, the company has significantly strengthened its presence in the European market. In August 2025, MHP gained control of Spain’s Grupo UVESA, one of the largest poultry producers in Spain. In May 2026, the company announced its intention to acquire a controlling stake in Greek chicken producer Th. Nitsiakos AVEE.
MHP is the largest poultry producer in Ukraine and one of the country’s largest agro-industrial holdings. The company is also engaged in grain production, vegetable oil production and meat processing. The group’s production facilities are located in Ukraine and countries of South-Eastern Europe.
For the first quarter of 2026, MHP’s consolidated revenue increased by 31% to $1.022 billion. At the same time, the company recorded a net loss of $85 million compared with a net profit of $32 million a year earlier, mainly due to non-cash foreign exchange losses. EBITDA for the reporting period decreased by 29% to $79 million.
