Chumak (company)

Chumak (Ukrainian: Чумак) is a Swedish-Ukrainian food processing company located in Kakhovka, Kherson Oblast. It is today one of Ukraine's biggest food processing companies and has commercial offices in Kiev, Minsk and Moscow. Among its products are ketchup, mayonnaise, pasta, salad dressings, cooking sauces, canned vegetables, marinated vegetables, tomato juice and sunflower oil. Chumak is the largest tomato processing company in Central and Eastern Europe. The company currently (2010) employs about 1200 people and has a revenue of about 48 million Euros. [1]

Chumak
CJSC
IndustryFood industry
Founded1996
Headquarters
Kakhovka, Kherson Oblast
,
Ukraine
Key people
Carl Sturen (President, Founder)
Konstantin Shevchenko (Managing director)
ProductsKetchup, mayonnaise, sunflower oil, tomato paste
Number of employees
850
Websitewww.chumak.com

The company was founded in 1996, first under the name South Food, Inc, by the two young Swedish entrepreneurs Johan Bodén and his nephew Carl Sturén. They soon got financial help from Hans Rausing of Tetra Pak who got 66,7% of the company. The latter sold his share of the company in early 2008 to the Swedish investment company East Capital (22,2%) and the Ukrainian investment bank Dragon (44,5%).[1][2]

References
  1. "Ketchup-kungar". e24.se. 2010-08-22. Retrieved 2010-08-22.
  2. mentoronline.se - Näringslivets branschnyheter Archived 2011-07-27 at the Wayback Machine
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