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Astarta and Danone Form Joint Venture in Ukraine

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Astarta and Danone Form Joint Venture in Ukraine

March 07
10:02 2011

Astarta, the biggest producer of sugar and industrial milk in Ukraine, has entered a joint venture for the production and processing of milk with Danone, the world leader in dairy products, waters and baby nutrition.

Astarta’s high level of vertical integration in industrial cattle farming, own forage supply, as well as accumulated experience of industrial livestock business, will provide for a substantial increase of volumes and cost efficiency of milk production and further upgrading of its quality in the coming years. Operating a plant at Kherson along with eight regional offices, Danone is one of the largest producers of dairy products in Ukraine. Danone’s international experience will enable Astarta to take its dairy business to a new level of efficiency as it plans to double it milk production during the next five years.

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