Near Mukachevo, in Transcarpathia, the aquafarm “Transcarpathian Shrimp” has begun operations, founded by veteran of the Russo-Ukrainian War Mykhailo Malkov along with his wife Olena. The enterprise specializes in the cultivation of warm-water shrimp and African catfish, demonstrating a new approach to aquaculture in the Carpathian climate.
This is reported by Finway
Investments and Innovative Approaches in Fish Farming
The farm was opened in March of this year thanks to the government grant program “eWork.” For the startup of the business, Mykhailo Malkov received 500,000 hryvnias, which were directed towards the purchase of modern equipment and the creation of optimal conditions for growing tropical fish and shrimp. This has allowed the couple to engage in a promising venture that combines innovative technologies and an ecological approach.
Veteran of the Russo-Ukrainian War Mykhailo Malkov and his wife Olena are cultivating warm-water shrimp and African catfish at the “Transcarpathian Shrimp” aquafarm near the city of Mukachevo in Transcarpathia. The enterprise was opened this March thanks to the government grant program “eWork.” For the startup, the veteran secured ₴500,000. With this funding, they were able to purchase modern equipment and create the necessary conditions for growing tropical species in the Carpathian climate.
Prospects for the Industry and Domestic Market
The Malkovs intend to scale up production and create new jobs. The main focus is on the ecological sustainability and freshness of the products, ensuring high quality for key consumers – restaurants, fish shops, and retail chains. Thanks to the development of aquafarms, the domestic seafood market in Ukraine is steadily growing. Experts note that the shrimp business has unique prospects due to the increasing global demand for seafood and the decline in wild catch. At the same time, expanding the product range and implementing processing can enhance the profitability of such enterprises.