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Industry News & Trends / Business & Markets / Europe
on July 23, 2019

Ukraine president wants MHP subsidies investigated

Volodymyr Zelenskiy questions the need for subsidies when the company pays sizeable dividends to shareholders

Ukrainian President Volodymyr Zelenskiy wants the country’s anti-corruption bodies to investigate a situation in which MHP received substantial amounts of government subsidies.

In a recent meeting, Zelenskiy wondered how the publicly traded company received about UAH2.5 billion (US$97 million) in government subsidies from the state budget in 2017-18, according to…

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