Kormotech reports significant sales growth

Kormotech, the pet food manufacturer with Ukrainian roots, reported sales of 162.7 mio dollar last year – an increase of 6.5 per cent, or 10.2 mio dollar, compared to 2023. 

In 2024, the group sold 83 000 tonnes of dry and wet food – 10 000 tonnes more than the previous year. The company said the premium segment led the way with more than 37 000 tonnes, representing 44 per cent of total production.

The top five markets for Kormotech pet food sales are Romania, Bulgaria, Lithuania, Latvia and Moldova. The company currently exports 55 per cent of its products, with a strategic focus on Central and Eastern Europe until 2028.

Kormotech also reports that expansion in Europe should help it achieve its strategic goal of becoming one of the top 30 global pet food manufacturers by 2029, with sales of 500 mio euros. The company's products are currently available in 44 countries.