MHP halts poultry exports to EU
Ukraine’s poultry exports to the EU were stopped due to the confirmation of the presence of the highly pathogenic H5 type avian influenza in Vinnytsia region, leading poultry producer MHP (MHPC LI, MHPSA) announced on Jan. 23. The bird disease was detected at two enterprises located in Buhakiv village, Nemyriv district, Vinnytsia region on Jan. 19. The Ukrainian veterinary authorities reported it took all necessary measures to localize and prevent the spread of avian influenza.
The outbreak has not affected MHP facilities, some of which are located in the same Vinnytsia region of Ukraine. The company is undertaking all necessary measures to prevent potential outbreaks at MHP’s units.
MHP’s facilities based in Vinnytsia region account for 55% of its total capacity of poultry meat production.
Andriy Perederey: The cease of Ukraine’s poultry export to EU will have an impact on the operations of MHP (where the company delivered 17% of poultry meat produced in 2018). But in our view the effect will be temporal, thus won’t affect the company’s fundamentals much.