Olkom Group entered TOP-6 largest Ukrainian producers of margarine products
Olkom Group, one of the leading manufacturers of fat and oil products in Ukraine, has summed up the results of the first half of 2020. The company fulfilled the production plan and entered the TOP-6 of the largest Ukrainian producers of margarine products. According to the association “Ukroliyaprom”, the company’s share was 6,8 % of the total volume of margarine products produced in Ukraine.
Having a stable financial position, recognizable brands, good relations with partners and customers, during the crisis, Olkom Group managed not only to increase the range of products, strengthen its position in the Ukrainian market, but also expand its presence beyond its borders. The company currently exports products to 14 countries, including the USA, UAE, Eastern Europe and MENA countries. Exports account for up to 10 % of all manufactured products.
“Despite the deteriorating global economic conditions and a highly competitive market, the growth of the company’s export sales in the first half of 2020 amounted to 61%. The main volume of supplies falls on sunflower oil, packaged and bulk margarines, – commented Dmytryi Usatyy, Head of foreign trade of Olkom Group”.
The company manages to conquer new markets, as well as to be among the leaders of Ukraine, thanks to the high quality of products and the improvement of technologies. The creation of new generation food products has become one of the priority areas of work of the Olkom Group. The latest developments – flavored oils in sprays, vegetable-butter mixtures and sandwich margarines – have already won their fans among Ukrainian and foreign buyers.
“The company’s development strategy remains unchanged – to “adjust” production to the needs of a modern customer, focused on high-quality and safe products. And we are constantly working in this direction: we invest in the modernization of production facilities, improve technological processes, develop new products based on the best ingredients, – said Nina Leshchenko, COO Olkom Group. – The quality of Olkom products meets international standards and significantly exceeds the quality indicators for similar positions in the Ukrainian market”.
At the moment, the Olkom Group is focused on growing sales and steadily increasing operating profit. As markets recover from the global crisis, the company will use all its unique advantages and intend to improve its performance in all respects.
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