International agroholding MHP intends to raise $20.9 million in investment to implement a project for the construction of a modern dairy farm with a biogas cogeneration unit in Vinnytsia Region. The project has been included in the Ukraine Investment Guide 2026, presented as part of the Ukraine Recovery Conference 2026, which took place in late June in Gdańsk, Poland.
The total cost of the project is estimated at $26.1 million, with the company ready to invest $5.2 million from its own funds, while the remaining amount is planned to be raised from external investors.
The project provides for the construction of a high-tech dairy farm designed to house 2,500 dairy cows, as well as a biogas cogeneration unit with an electrical capacity of 0.8 MW. Biogas will be produced directly on the farm from organic livestock waste and then used for the simultaneous generation of electricity and heat, which will improve the enterprise’s energy efficiency and reduce operating costs.
After reaching its design capacity, the complex will be able to produce around 28,500 tonnes of raw milk and more than 5,500 MWh of electricity annually, generated through biogas cogeneration. This approach is in line with the principles of the circular economy, allowing the company to address waste processing and self-supply of energy at the same time.
The main consumers of the products will be food industry enterprises, retail businesses, and HoReCa operators. In the future, the company expects to expand its supply geography and increase exports of dairy products to the European Union, as well as to the Balkans, the Middle East, the Caucasus and Central Asia.
According to the investment catalogue, the facility is expected to be commissioned approximately one and a half years after the start of the project, while the estimated payback period is 7.2 years.
MHP notes that the project is based on a vertically integrated business model covering the full production cycle — from growing grain crops and producing feed to raising cattle and producing raw milk. This model allows the company to control product quality, reduce production costs and ensure the resilience of supply chains.
MHP currently operates 18 dairy farms in three regions of Ukraine. According to the company, its existing infrastructure and accumulated experience ensure high business scalability, efficient production processes and stable supply of raw materials.
MHP is an international food and agrotechnology company with production assets in Ukraine, Spain and countries of Southeastern Europe. The company employs more than 39,000 people, while its products are exported to more than 80 countries worldwide. According to WattPoultry, MHP is the largest producer of chicken meat in Europe. The company also develops more than 15 food brands and, together with partners, manages the Miasomarket retail chain and Döner Market outlets. The agroholding’s land bank is around 350,000 ha across 12 regions of Ukraine.
The company’s financial results indicate continued strong development. In 2025, MHP’s net profit increased by 29.9% to $187 million, while revenue grew by 24% to $3.766 billion. The company’s shares have been listed on the London Stock Exchange since 2008, and its current market capitalization is around $1.07 billion.
