Kormotech's strategic quest: Top 30 Petfood Leader by 2028
Ukrainian pet food producer Kormotech began 2024 by unveiling its new strategy as it embarked on a 5-year journey to establish itself as a global industry player.
Kormotech expands social initiatives in response to Ukraine’s challenges in 2023
With more than 10 social projects, the pet food manufacturer is increasingly prioritizing these initiatives.
Regional report: Eastern Europe - Snapshot of a pet care market in turbulent times
Inflation causes fluctuations in the Eastern European pet care market post-pandemic. But pet humanization and health claims are driving the market.
€60 million: Kormotech expands operations in Lithuania
The investment serves to support Ukrainian production sites that have faced disruptions from the war.
Suziria opens new warehouse in Kyiv amid sustained performance of local industry
The Ukrainian distributor shares some key trends with GlobalPETS that are driving the local pet industry.
Kormotech launches venture arm to help pet care companies seeking investment
The Ukrainian pet food manufacturer plans to allocate up to $300,000 to fund innovative projects across Europe and the US.
Kormotech celebrates 20 years with greater international ambitions
The Ukrainian pet food producer reaches the threshold of 20 years with greater international goals in response to the challenges of martial law, introduced in February 2022.
Latest pet food distribution partnerships
These 8 pet brands are pushing their product portfolio through new partnerships.
The post-Black Sea grain era
Players are seeking alternative transport routes, but fearing a price increase in the near future.
Russia terminates Black Sea grain deal
Wheat prices increase after the Kremlin halts support for the safe grain corridor from Ukrainian ports.
Analysis: Black Sea grain deal is on the verge of collapse days before its extension deadline
Non-renewal would have direct implications in sourcing raw materials for pet food.
Analysis: High inflation continues impacting pet supplies
Europe takes the lead in the biggest price increases in the first months of 2023.
Analysis: How is the Ukrainian pet industry coping after 16 months of war?
Top local players share with GlobalPETS how business is going and their expectations for the coming times.
Black Sea grain deal extended for at least 60 days
The pet industry ensures easier access to grain from Ukraine, a critical raw material in pet food formulation.
The clock is ticking: deadline for Black Sea grain deal renewal approaches
The safe corridor to facilitate grain export from Ukraine to many industries, including pet food, expires on 18 March 2023.
The future of the pet economy: how brands create value for pets
Pet care is a sector that is often quick to respond to global trends. So, what does the future hold for the pet care industry in the next three years?
Suziria considers expanding its distribution hub in Kyiv
The Ukrainian pet company wants to add 10,000 square meters to bolster its national distribution.
Kormotech's pet food business hits revenue of $91.8 million
The Ukrainian manufacturer earned 17% more in the first 9 months of 2022 driven by the consolidation of national sales.
Black Sea grain deal is extended for 120 days
The prolongation of the agreement establishing safe grain exports from Ukraine is expected to help against shortages in the pet food supply chain in the coming months.
Suziria adds a new production facility in Ukraine
The Russian invasion played “a significant role” in accelerating the company’s production capacity expansion in the western part of the country.