You're reading: Bloomberg: Ukrainian meat maker APK-Invest sees sales increase 25 percent in 2013

Ukrainian meat and sausages producer APK-Invest plans to raise its sales by more than 25 percent this year as it increases production, the company’s President Denys Omelyanovych said.

APK-Invest, based in the eastern Ukrainian city of Donetsk, sees its sales at around 1.3 billion hryvnian in 2013, compared with 1 billion in the previous year, Omelyanovych told journalists today in Kiev.

APK-Invest, which produced 15 percent of the pork meat in Ukraine last year, increased its net income fourfold to 89 million hryvnia in 2012 from a year ago, Omelyanovych said. It increased pork meat and sausages production by 55 percent to 30,700 tons. The company plans to produce 42,000 tons this year.

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