British International Investment (BII), the UK’s development finance institution and impact investor, today announced a €30 million investment in MHP, Ukraine’s leading agribusiness, to support food security, safeguard jobs, and build long-term resilience in the country’s agriculture sector during wartime.
The investment is part of a €100 million financing package arranged by the European Bank for Reconstruction and Development (EBRD), which includes €40 million from the EBRD and €20 million from Swedfund. The funding will enable MHP to improve production efficiency, diversify its product portfolio and geographic footprint, and invest in human capital development.
The facility will have a wide-reaching impact across Ukraine’s economy including helping to safeguard tens of thousands of jobs and create new employment opportunities, particularly in rural areas, by supporting MHP’s operations and expansion.
It will also facilitate the reintegration of veterans into the workforce, building on MHP’s existing efforts that have already brought over 370 veterans into employment. With over 40 per cent of its workforce being women, the company will enhance its internal HR practices to promote gender equality and career development.
The investment will also fund training programmes for young people, helping to build a skilled and resilient workforce for the future. By supporting MHP’s ability to maintain and expand exports to over 70 countries, the investment strengthens both Ukraine’s food security and global supply chains. Additionally, it will benefit thousands of small businesses, including more than 2,000 small retail stores and 2,500 local farmers, by ensuring the continued stability and growth of MHP’s supply chain.
This investment aligns with BII’s mandate in Ukraine to support the private sector and co-invest with experienced partners in key sectors such as agriculture, green infrastructure, energy, and financial services. It forms part of the UK Government’s £250 million budget allocation to BII to support Ukraine’s reconstruction.
Colin Buckley, MD and General Counsel at BII said: “Ukraine’s food and agriculture sector is vital to its economy and to global food supply chains. Our investment in MHP will help safeguard livelihoods, support the reintegration of veterans, and ensure the sector remains resilient in the face of ongoing conflict. We are proud to partner with the EBRD and Swedfund to deliver this critical support.”
For media inquiries, please contact:
BII: Paschorina Mortty I [email protected]
About British International Investment
British International Investment (BII) is the UK’s development finance institution and a trusted investment partner to businesses in Africa, Asia, and the Caribbean. It invests to support the UK Government’s Clean Green Initiative and to create productive, sustainable, and inclusive economies in eligible markets. Between 2022 and 2026, at least 30 per cent of BII’s total new commitments by value will be in climate finance. The company has investments in over 1,470 businesses in emerging economies across 65 countries and total assets of £8.1 billion. For further information about BII and its impactful initiatives, please visit: www.bii.co.uk | watch here.
