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Myronivsky Hliboproduct (LSE: MHPC LI) is considering launching a fast food chain.

Myronivsky Hliboproduct (LSE: MHPC LI) is considering launching a fast food chain.

22 September 2010

Myronivsky Hliboproduct (LSE: MHPC LI) is considering launching a fast food chain, Yuriy Kosyuk, CEO, said yesterday according to Interfax. Ruslan Patlavskyy: We see obvious synergies in the extension of MHP’s vertical integration via adding fast food outlets to its delivery chain, benefiting from its cost-effective in-house poultry production. However, taking into account MHP’s lack of fast food business experience and current focus on poultry segment expansion as a key revenue-generator, we expect the fast food segment to have a minor material effect on the company’s 2010-13F financials.

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