GC «Ovostar Union» has a rich history of its development and formation. Formation of a single vertically integrated company has taken not one year and each company included in our holding, has its own unique history. We are proud that every company of our group is an integral part of all business, critical and high-quality component that performs its duties providing high results.
Company starting work in the field of poultry egg farms was marked with purchase of poultry farm "Malynove" in the village Teleshivka (Kiev region). Main practice: poultry breeding, production and sale of shell eggs.
For effectively management of all business units and improved control the managing company Borispol Agro Trade was established.
Building a foundation for vertical integration for which we acquired Zhashkivskyi Inter-farm Fodder Plant in the village Skibin (Cherkasy region).
We acquired one of the largest poultry farms of the country - JSC "Poultry farm" Ukraine " and a platform for pullets growing. In addition, we bought a hatchery in Kagarlyk and property complex of the Stavishe paultry farms in the village Stavishche. All the above companies are located in the Kiev region.
To ensure effective marketing of all company products trading company Krushynka Poultry Complex was established (in 2002 was a change of ownership form to Open Joint Stock Company).
The Company began producing packaged egg in individual consumer packages. It was the first packaged egg in individual containers that appeared in Ukraine.
Leader strategy gave us grounds for legal registration and the market launch of the national brand "YASENSVIT".
On the basis of plant JSC "Poultry farm" Ukraine " egg products plant Ovostar LLC was established.
To ensure our own needs in the incubation egg LLC "Zolote Kurcha" was created as a platform for holding our own parent stock, receipt of hatching eggs and pullets growing.
Starting Ovostar plant overhaul provided grounds for a legal registration and withdrawal of the Ukrainian market brand of high egg products Ovostar.
Completing overhaul and running plant Ovostar as an independent and highly efficient business.
In order to strengthen positions in Ukraine key owners decided to merge all the aforesaid companies in one group of companies.
Ovostar plant successfully completed the process of building an integrated system of quality control and safety products according to the requirements of ISO 9001:2008 and ISO 22000:2005 (HACCP).
GC «Ovostar Union» hac became a member of the World's leading producers of chicken eggs and egg products «International Egg Commission».
Starting the second own feed mill for feeding poultry in the territory of JSC "Poultry farm" Ukraine "to meet the increasing demand for feed.
Egg Products plant Ovostar LLC was certified according to international standard HALAL - Certificate, i.e. "system of voluntary certification of products and services for compliance with the canons of Islam.".
LLC "Zolote Kurcha" was renamed to LLC “Yasensvit ", and the managing company "Borispol Agro Trade Ltd” was named «Ovostar Union», which completed the internal integration processes and corporate culture formation of the Group of companies.
Poultry farms certified according to international quality management system and product safety in accordance with ISO 9001:2008 and ISO 22000:2005 (HACCP).
In June, 29 th GC «Ovostar Union» has debuted on the Warsaw Stock Exchange and attracted 93 million zlotys in an initial public offering (IPO). It will be used to carry out the group’s investment program. 1.5 million shares were placed (25% of the capital) at a price of 62 zlotys per share. The price is equal to the maximum price.
Following the strategy of vertical integration, the company has built oil extraction plant of sunflower oil and sunflower meal.
The egg products plant Ovostar has completed installation of egg shell powder processing workshop to deepen integration in the feed.
Egg products plant LLC Ovostar received a certificate of Kosher, which let customers with Jewish religion consume egg products of Ovostar TM.
Ovostar Union Group has launched production of a new natural product in consumer packaging – the unrefined cold-pressed sunflower oil under YASENSVІTTM.
The first stage of an investment program declared during the Group’s IPO has been completed in September 2012. Over 2011 and 2012 Ovostar Union increased its egg and egg products production capacities through implementation of most modern technological solutions in the field of poultry and egg processing. In June 2012 Ovostar Union launched the next stage of investments.
The Group held an investors’ day in fall 2012 where its current and potential investors got to know the company's business and assessed the results of the first stage of production expansion. This event allowed investors to see the enhanced facilities that produce eggs under Yasensvit ™ and dry and liquid egg products under Ovostar ™.
In July 2013 egg processing plant Ovostar, subsidiary of Ovostar Union Group, received a FSSC 22000 certificate.
In December 2013 we have successfully completed reconstruction of the production complex in Vasylkiv, thereby increasing our total production capacity to 5.4 mln laying hen places. Over the years 2011-2013 in the course of this investment program we have also increased capacities of egg processing facilities to 2.0 mln eggs/day, parent flock facilities to 88 ths hen places and young laying hens farms to 1.66 mln hen places. Poultry fodder plant capacity increased to 56 tons/hr and grain storage to 29 ths tons as well as the incubation facility to 1 mln egg places.
As a result of organic growth program during the last 5 years the total flock increased by 2.1 times and reached 6.5 million of poultry.
The production capacity expansion program on Stavysche complex was launched. It is expected to build 16 new modern poultry houses during 4 years.
Export was expanded to the countries of MENA and Asia: Hong Kong, Iraq, Qatar, Bahrain, Kuwait, UAE, Lebanon, Sierra Leone, Monrovia and Kenya.
Shell egg output will continue growing in line with reconstruction program. Six of sixteen laying hen houses in Stavysche were completed and put into operation. The total flock reached more than 6 mil hens.
The egg processing plant OVOSTAR kept increasing the output and proved the position of ultimate leader at Ukrainian market.
Start of egg products export to the EU.