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December 16 2002, 14:15 Interfax-Ukraine

Russian Planeta Management will limit its business in Ukraine by whole milk sector

Russian company Planeta Management, the owner of Kiev's largest milk processing plant "Galakton", is going to develop in Ukraine in the nearest time only whole milk business, company Director Denis Simonchuk has reported.

He said Ukrainian market was so far too small for development of other directions of the company - meat processing and wholesale trade.

Mr. Simonchuk said the company was going to become a leader of Ukraine's milk industry. He said after he planned acquisition of two milk processing enterprises in the west and east of Ukraine the share of Galakton in the Ukrainian market will rise from current 12 to 28 percent.

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