In 2013, gradual construction and launch of the rearing sites at the Vinnytsia complex (phase 1, 2 lines) continued, with 7 production sites becoming operational and reaching full production capacity.
The Issuer exchanged 79.7% of its outstanding 10.75% Senior Notes due 2015 and issued further notes in an amount of U.S.$750,000,000 due 2020. For the first time MHP approved a dividend policy and a payout in the amount of U.S.$1.13 per share, which was an equivalent of U.S.$120 million total.
Three MHP enterprises (Myronivka, Snyatynska, MMPP) received approval numbers from the EU authorities, which allowed exports of poultry production to the EU countries.
MHP acquired a land bank in Russia (approximately 40,000 hectares – “VoronezhAgro”) and in Ukraine (approximately 35,000 hectares), bringing the total MHP land bank to 330,000 hectares.
