
Family Dairy Farms project
Earn on investments in the agricultural sector of Ukraine 
Investing in Ukrainian agriculture is patriotic and guaranteed to be profitable
Get a consultationIntroduction
The Family Dairy Farms project is more than just an agricultural initiative. It is a national infrastructure designed to support small-scale farming. What began as a single farm in a village in the Rivne region in 2017 has grown into a model with hundreds of operating farms, new business lines, attracted investors, and stable annual profits.
The Challenge
Over the past 30 years, Ukraine’s dairy sector has declined dramatically, the number of cattle has decreased twelvefold, while milk production volumes have dropped threefold. Most cows are kept in household farms without modern technologies or stable sales channels.
The key challenge is the absence of an effective model that enables small farmers to operate efficiently and profitably.
The Family Dairy Farms project addresses this challenge by building a vertically integrated model, from feed production to finished products, based on the efficiency of small family farms.
Key Current and Target Indicators of the Project
Current Performance Indicators (as of January 1, 2025):
- Business valuation: UAH 371.2 mln
- EBITDA: UAH 61 million
- Net profit: UAH 36 million
- Number of farms in the project: 361
- Total investments attracted: UAH 120 million
Target Indicators (2030):
- Business valuation: UAH 1.061 million
- Net profit: UAH 149 million
- Number of farms in the project: 1,000
- Preparation for a potential IPO in 2030 or attraction of a strategic investor
Key growth drivers: Construction of a 2 MW biogas plant. Expansion of milk processing capacity from 3 to 5 tons per day. Expansion of the craft dairy retail network from 3 to 10 stores by 2030

Investment offer for investors
This investment model provides for the acquisition of an equity stake in the business and the generation of investment income through: growth in the project’s, and dividend payments.
Learn more about investments
Investment presentationReturns Since the Launch of the Investment Program
| Return | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
Dividend payments* | 12,56% | 8,73% | - | 11,75% | |
Business valuation**, millon UAH | 175,90 | 205,50 | - | - | 371,20 |
Capitalization | 100% | 117% | - | - | 171% |
*In 2023, a decision was made to reinvest 100% of the profit into the development of the project.
**Data confirmed by the assessment of the international auditing company Baker Tily.
Contact the managerAll-Ukrainian Network of Family Dairy Farms
The project helps Ukrainian families in rural areas to establish dairy farms with 20-50 cows, uniting them into a nationwide network of Family Dairy Farms
Each farm receives modern technologies and a range of services from the project's specialists, which allows it to produce high-quality milk and run a profitable farming business with one family. The growth of the network of successful family farms is a guarantee that the investment is profitable.
Over
361
Open farms across Ukraine
Over
800
Private investors trust us
Over
13 regions
of Ukraine already have our farms
Over
UAH 130 mln
Investments were attracted in total
3 reasons, why it is profitable to invest into the project
What makes us special and attractive
The Family Dairy Farms project has been successfully operating since 2017, drawing on centuries of farming experience in Ukraine. Investment in the project is doomed to PROFITABILITY
The successful dairy business model, supported by highly qualified specialists, is attracting an increasing number of family farms from all over Ukraine. The GUARANTEE of profitable investments is provided by the sustainability of many small businesses, where each family is the owner and operator
Investing in agriculture is always a SMART INVESTMENT. You are investing in the essentials of life at any time under any conditions, the food security of Ukraine, its future
Financial model calculations were developed jointly with the well-known Baker Tilly company and experts from Lviv Business School (LvBS)
The project was supported by the governments of Canada and Sweden, as well as the UNDP as part of the Family Dairy Farms - Human Welfare and Sustainable Rural Development project.
Steps to take to invest in our project
Fill out the application- We will contact you, explain everything in simple terms, and answer any questions you may have >
01 ➡️
Fill out an application and get a manager's consultation
- All you need is a photo of your passport, TIN, and IBAN. No references or unnecessary bureaucracy >
02 ➡️
Send copies of documents for signing the contract
- The agreement clearly specifies the terms, conditions, and your return on investment. No “fine print” >
03 ➡️
Sign the contract and send it by mail or via VCHASNO
- Payment is made to the company's official account. Everything is transparent and documented >
04 ➡️
Pay the funds to the account according to the details, confirming your intention to invest in the project.
- Congratulations! You are not just an investor, but part of a community with access to news, reports, and new opportunities >
05 💸
Join the community of investors and earn passive income
Project history
Participation in the project is not only a guaranteed passive income, but also real support for Ukraine's economy in a very difficult time

Opening of the first family dairy farm “Vidrodzhennia”
Stara Moshchanytsia village, Rivne region

Expanding the project to Volyn and Ternopil regions
The number of participating farms has reached 20

Start of investment program
During Phase 1, 199 private investors joined the project and raised more than UAH 9 million in investments

Membership in IFCN and victory in Invest Ring as the best investment project in Ukraine
Recognition of the project at the international and national levels

Start of dairy processing
Production of various brine cheeses, butter, sour cream, pasteurized milk

We were included in the Next250 by
One of the 250 companies that will shape Ukraine's development

Construction of a feed center
Construction of a feed center for the production of feed for cattle, goats, and sheep from own raw materials. The capacity is 200 tons of feed per day.

Become part of history
Receive a guaranteed income and support Ukraine in a very difficult time
Invest in UkraineOur investors' testimonial
View all testimonial videos“When I learned about the Family Dairy Farms project, I immediately decided to invest in it. There are several reasons for this, one of which is trust in the people who create this project. We met and realized that we share the same value system. I am very happy to be part of such a great initiative.”
CEO Promprylad.Renovation
Yuriy Fylyuk
“Working in the IT sector, I have accumulated some capital. And in the light of recent events, I began to look for an opportunity to save these funds, or better yet, to increase them. I accidentally learned about the Family Dairy Farms project and went on a tour. Everything the investment managers told me was true, everything was 100% true.”
IT-specialist
Oleksandra Shkorinova
Our partners
who support the development of the Family Dairy Farms network in Ukraine


















Map of the Family Dairy Farms
Project team

Mykhailo Korylkevych
Head of the Ukrainian Cooperative Federation, project initiator

Lyudmila Ivashchuk
Chief Operating Officer

Vitaliy Kovalenko
Head of the Family Farm Network Development Department

Oleksandr Lisovsky
Head of the Investor Relations Department

Yaroslav Ozhybko
Commercial Director

Olena Mogylevska
Директор з маркетингу

Vitaliy Stepanovych
Chief technologist

Oleksandr Solovey
Chief Engineer

Iryna Savytska
HR Director
FAQ
What is the minimum investment amount in the current round?
The minimum investment in the current round is UAH 50,000 for individuals and UAH 100,000 for legal entities.
What income can I expect if I invest in Family Dairy Farms?
The main return for investors is the growth in the value of their ownership share. By investing, you become a co-owner of a working, growing business. As the project expands and its capitalization increases, so does the value of your share.
For example, between 2020 and the end of 2024, the estimated value of the project increased by 1.7 times, this growth reflects your capital gain.
In addition, investors may receive annual dividends, depending on the company’s profits and the decision of the general meeting of participants.
So when you invest, you’re primarily counting on long-term capital growth. Dividends are an added benefit.
The project acts as your tax agent, meaning taxes are automatically withheld and paid to the state. Your income is tax-optimized: 5% personal income tax + 5% military levy.
When will I receive my first dividends?
If you invest before September 30, 2026, you first sign a loan agreement and receive guaranteed income of 10% annually until that date.
Why aren’t dividends paid every year (e.g. paid in 2021, 2022, 2024, but not in 2020 or 2023)?
Dividend payouts are determined by the general meeting of investors.
The project started in 2017, and the investment program launched in 2020. From the beginning, we were transparent: dividends were initially planned only for 2025, allowing time to grow the business.
However, thanks to strong performance in 2021, investors received early dividends of 12.56% in 2022.
Following the 2023 financial results, and with investor approval, profits were reinvested into business development to scale the project and grow its value.
So dividends are not “skipped”, they are managed strategically. The goal is always to balance current rewards and long-term growth. All decisions are made jointly, based on what’s best for the business at the time.
How can I exit the investment?
We’ll be sad to see you go, especially since we expect share value to grow 2–3x by 2030.
But if you decide to exit, simply contact our investment team, and we’ll help facilitate the sale of your share as quickly as possible.
What risks might arise, and how are they mitigated?
Inflation: offset by rising milk and product prices. As revenue grows with the market, investor returns remain competitive.
Weather conditions: managed through precise planning and expert agronomy. This ensures flexibility and minimizes production losses.
Economic uncertainty: addressed through diversification. The project doesn’t rely on a single income stream. We generate revenue from milk production, processing, feed manufacturing, grants, education, and veterinary services. This diversified model provides built-in stability, even in times of turbulence.
Can I invest in foreign currency?
No. The project operates in Ukraine, and all financial, legal, and tax activities are conducted in Ukrainian hryvnia (UAH) as required by national law.
However, you can easily convert foreign currency into UAH through your bank and proceed with your investment transparently.
What does Family Dairy Farms earn from?
The project has multiple revenue streams, which ensures both resilience and growth:
1. Milk sales are the core business. Produced by both family farms and the industrial farm.
2. Dairy processing. Production of craft cheeses, yogurts, bottled milk, butter, and sour cream. These high-value products generate greater margins per liter.
3. Feed production. Since 2023, we have operated our own feed center supplying quality cattle feed. Green crops are cultivated by our agronomy team, using modern techniques and a focus on nutritional value. This lowers production costs and creates an internal feed market.
4. Retail chain. Branded stores sell directly to consumers, bypassing intermediaries.
5. The Dairy Farmer School trains new participants in our farming ecosystem.
6. Grants and support programs help farmers develop infrastructure and launch new projects.
It’s more than a business, it’s a complete agricultural ecosystem, which creates stable income and long-term growth for investors.
How does Baker Tilly evaluate the business?
The valuation is based on the income approach, specifically the Discounted Cash Flow (DCF) method.
This approach forecasts the company’s future profits and discounts them to present value using the Weighted Average Cost of Capital (WACC), which factors in risk, inflation, and capital cost.
DCF shows how much the company is worth today as a future profit generator and is a key tool for making informed investment decisions.
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Online meeting with the project team
The next online meeting will be held on Wednesday, May, 6 2026 at 19.00. Register now to receive a timely reminder of the meeting.
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Investment department contacts
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