Kormotech ended 2024 with a turnover of €150 million, marking a 6.5% increase over the previous year. The company sold 83,000 tonnes of dry and wet petfood, surpassing 2023’s sales by 10,000 tonnes, with the premium segment accounting for 44% of total production.
The company’s top markets include Romania, Bulgaria, Lithuania, Latvia, and Moldova. Currently, Kormotech exports 55% of its products, with plans to focus on Central and Eastern Europe through 2028.
Kormotech is investing in expanding its commercial teams, increasing brand visibility, and strengthening distributor partnerships in key regions. Managing Director Yuriy Bykoriz emphasised the importance of distributors in the company’s success. “2025 is set to be a breakthrough year for Kormotech in Central and Eastern Europe,” he stated.
The company exceeded its 2024 strategic plan by 102% in the Baltic markets, with Lithuania surpassing its sales target by 14%. Nazar Shchyryba, Head of several Central and Eastern European regions, reported strong consumer recognition of the Club 4 Paws brand in Lithuania. Kormotech aims to position itself among the top 5 petfood manufacturers in the Baltic region.
Its product range includes brands like Optimeal, Club 4 Paws, My Love, and Delickcious, which is available in Romania, Lithuania, and Poland.
The company is on track to meet its goal of becoming one of the world’s top 30 petfood producers and achieving €500 million in revenue by 2029. Kormotech’s products are currently available in 44 countries.
