The Antimonopoly Committee of Ukraine (AMCU) has authorized several transactions that mark the entry of Taras Kytsmey, one of the founders of IT giant SoftServe, into the Ukrainian dairy industry. The deals involve acquiring control over assets of “Hirske Moloko” and “Mukko Milk,” with a combined investment value estimated at around $20 million.
According to the AMCU statement dated June 26, four separate deals were approved: three relating to the consolidation of Ukrainian ownership over Hirske Moloko, and one allowing the company to acquire assets from Mukko Milk. The transactions are reciprocal, with the son-in-law of Mykola Kmit, a co-owner of Mukko Milk, expected to become a shareholder in Hirske Moloko.
Earlier in May 2025, at the Lviv Business Forum, Taras Kytsmey revealed that he had received an offer from Kmit to jointly develop a modern dairy farm for 2,000 cows. The first phase of the project is scheduled to launch in August.
$10,000 Per Stall: Industrial-Scale Ambitions
According to Serhii Vovchenko, co-owner of the Ukrainian Dairy Alliance, investments in modern dairy farms typically amount to approximately $10,000 per stall. This implies a potential project value of $20 million, positioning Mukko's farm as one of the largest private livestock investments in Ukraine in the past decade.
Market Implications
The transaction highlights a growing trend of capital diversification from the IT sector into real-economy agribusiness, particularly in processing and vertical integration. Given the rising export potential of Ukrainian dairy products and growing EU demand for organic certified farms, the project stands out as a potential case study in the synergy of technology, agriculture, and sustainable investment.
