Dragon Capital in its recently distributed Equity Research “Agriculture in Ukraine.

Milkiland plans to start the reconstruction of “Ostrowia” cheese plant facilities in November 2012.

On Thursday, 20 September 2012, Milkiland welcomed a group of 15 Polish and European investors at Mena cheese plant in Chernigiv oblast of Ukraine.

According to Federal Service on Customers’ Rights Protection and Human Well-Being Surveillance (Rospotrebnadzor) 5 Ukrainian laboratories (3 in Kiyv and other 2 in Poltava and Cherkassy regions respectively) were certified by Rospotrebnadzor for testing  cheese supplied to Russian Federation.

Dragon Capital in its recently distributed Equity Research “M&A in Poland Completed Ahead of Schedule” reconfirmed “Buy” recommendation and set a 12-month target price of PLN 25.95 (USD 7.79) per Milkiland N.V. share (42% upside).