Roshen Corporation's profit almost doubled

Roshen Corporation continues to surprise the world with its sustainability and growth. According to the YouControl analytical system, in 2023, it increased its revenue by almost 44% to UAH 31.85 billion and its net profit by 43.5% to UAH 5.64 billion.

According to Forbes, this success of Roshen Confectionery Corporation is mainly due to the expansion of export markets. The company's president and co-owner, Viacheslav Moskalevsky, emphasized that sales have increased due to the active development of export relations.

Clearly, the expansion of export opportunities played a key role in this achievement. Roshen's exports increased by about one and a half times in 2023, according to the information provided by the company's CEO.

This has also led to a change in the structure of product sales, reducing the share of the Ukrainian market in favor of the international one.

However, it is important to note that this success did not come without effort. In 2022, the company implemented a number of strategic decisions, including changes in production capacity and upgrades to its logistics processes. Even after shutting down its factories in Kyiv and Boryspil, and reducing volumes at its factories in Vinnytsia and Kremenchuk, the company managed to maintain its competitiveness and strengthen its position in the international market.

These successes of Roshen are a testament not only to the company's own efforts but also to the potential of the Ukrainian economy as a whole. This is further proof that Ukrainian companies can be competitive and successful on the global stage.