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Ovostar Union

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Summary

- Established in 1999, a producer of chicken eggs and vegetable oils.
- A TOP-5 egg producer in Europe.
- Produces crude sunflower and rapeseed oil, dry and liquid egg products.
- The egg processing plant is №1 in Ukraine by volume of liquid egg products produced and the second-largest producer of egg powder.
- Poultry farms produce 5 million eggs daily, the plant OVOSTAR processes 2 million eggs daily.
- Exports about 530 million eggs per year to over 50 countries in Europe, the Middle East, Asia, and Africa.
- Products are approved by the European Union Commission.
- ISO 9001:2008 certified.

Company Story

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Ovostar Union PCL (Ovostar Union Group of Companies) is a vertically integrated public holding company, one of the leading manufacturers and exporters of chicken eggs and egg products. In Ukraine, the company's products are known under trademarks Yasensvit and Ovostar.

The company is a pioneer and driver of the development of the Ukrainian market of eggs and egg products, in particular, it first branded the egg and was the first in Ukraine to launch the production of liquid and dried egg products under the TM Ovostar.

Group CEO and co-owner Boris Belikov states: “Investing in an environmentally friendly and healthy product is our long-term vision. The quality of both products and services is an offer to customers in the domestic and foreign markets. In this we are uncompromising.” With this approach Ovostar Union got a 20% share in the Ukrainian market, in 2018 domestic sales increased by 19%. Export has also increased — by 11%. The group's revenue in 2018 was $125 million (an increase of 27%), and net profit — $17.5 million (a decrease of 24%).

In total, in 2018, Ovostar Union poultry farms collected 1.6 billion eggs and the number of laying hens was 6.4 million. The number of parent flocks is 80 thousand, which provides more than 10 million eggs for further incubation.

Today Ovostar Union products are exported to 55 countries — the EU, the Middle East, Southeast Asia and Africa. 40% of total sales of Ovostar Union eggs and 50% of total sales of egg products are exported. The company manages export sales through its own offices in Latvia and the OAU.

The Yasensvit poultry factories and the Ovostar egg product factory successfully passed the audit of the European Commission and Bureau Veritas. This allowed the company to enter the top 5 egg suppliers in Europe. The production is certified according to international quality and food safety management systems ISO 9001:2008: ISO 22000:2005 (HACCP) and FSSC 22000, approved by the Global Food Safety Initiative. The products also have certificates of Kosher and Halal. Ovostar Union is the only producer in Ukraine that uses cages for poultry that meet the requirements of Directive 1999/74 / EC. Ovostar Union is a member of the International Egg Commission worldwide.

Ovostar Union created a vertically integrated production of eggs and egg products, which at the same time ensures economic operational efficiency and compliance with international standards for food safety and quality. A closed cycle begins with the manufacture of feed of plant origin and ends with its own distribution. Freshness of products has always been an advantage of the company. All production sites of the company are located in the central part of Ukraine at a distance of no more than 130 km from each other. Less than 24 hours pass from the moment of receiving the eggs and further distribution by distribution channels — this is the standard of Ovostar Union.

The company continues to invest in the development of production. In 2018, two modern hen houses were built at the production site in Stavyshche, Cherkasy region, and the MOBA Omnia-PX700 sorting machine with a capacity of 252 thousand eggs per hour was installed. Over the past year, the group invested $17.6 million in development.

Ovostar Union has consistently advocated a socially responsible business. The company provides more than 1600 jobs. The consolidated professional team and a positive working environment are the priorities of the Ovostar Union corporate culture.

Since 2011 Ovostar Union is listed on the Warsaw Stock Exchange. Today, among investors, Ovostar Union includes such large insurance and pension funds as Generali (Poland), FAIRFAX (Canada), AVIVA (Poland).

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Ovostar Union
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Company Details
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