MHP SE said Monday that poultry products worth around $8.5 million were destroyed after a fire broke out in a warehouse it owned, due to shelling by Russian armed forces in its invasion of Ukraine.
The company, which is the parent of an international agro-industrial group with headquarters in Ukraine, said the warehouse in the Kyiv region was shelled on Saturday and that no warehouse workers were injured. It was the largest warehouse in Ukraine used for the storage of frozen products.
The company said around 8,500 metric tons of poultry is at risk as it has limited access to the warehouses in the southern regions of Ukraine and the Kyiv region, meaning a potential financial hit of more than $20 million. It attributed the limited access to destroyed infrastructure-supporting logistics, such as roads and railways.
MHP had previously pledged unconditional and free deliveries to Ukrainian armed forces, hospitals, and communities facing difficult conditions. It produces around 300,000 tons of chicken meat for the Ukrainian market annually, or half of all chicken produced for the domestic market.
