TRILINI INTERNATIONAL LTD. JOINS U.S.-UKRAINE BUSINESS COUNCIL (USUBC)
U.S.-based importer of various foodstuffs from Ukraine and distributor of commodities for confectionery industry
U.S.-Ukraine Business Council (USUBC)
Washington, D.C., Thursday, June 7, 2012
WASHINGTON, D.C. – Trilini International Ltd., a New York City based company that imports and distributes confectionary, food products and commodities in the United States, Russia, Ukraine and Asia, has been approved for membership in the U.S.-Ukraine Business Council (USUBC), the USUBC executive committee announced today on behalf of the entire USUBC membership of over 185 companies and organizations who have business operations, investments or other development programs in Ukraine or whose business links Ukraine and the U.S.
DISTRIBUTOR OF COMMODITIES FOR CONFECTIONERY INDUSTRY
Trilini International Ltd. offers a wide variety of confectionary, food products and commodities such as special fats for confectionary, biscuit, ice-cream and dairy products, industrial margarine, cocoa beans, cocoa butter, cocoa powder, cocoa liquor, dried fruit, almonds, cashews, walnuts, peanuts, pine nuts and similar products. Trilini International Ltd. established distribution centers in New York, USA; Kyiv, Ukraine; Rotterdam, Holland; Antwerp, Belgium; Moscow and Novosibirsk, Russia.
By entering the relatively under-developed consumer confectionary markets of the former Soviet Union, Trilini’s production lines are creating local brand awareness and loyalty. By insisting on high quality and exceptional value, Trilini International Ltd. is changing the way the consumers view the international products they purchase.
IMPORTER OF CONFECTIONERY ITEMS AND OTHER FOODSTUFFS
Trilini International Ltd. was founded in the early 1990's by individuals who immigrated to the USA from Ukraine. The owners and managers of the company had many years of experience in the food industry in the former Soviet Union before coming to the USA. The company imports various confectionery items and other foodstuffs manufactured by several manufacturers from Ukraine. The best known company they buy from is the Kharkiv-based “Biskvit-Shokolad” (Biscuit and Chocolate) Confectionery Company (http://www.biscuit.com.ua/en/home.html).
TRILINI INTERNATIONAL AND USUBC
USUBC staff members have met several times with Yury Leshchinsky, Gregory Vernikov, and Arkadiy Volovik of Trilini International Ltd. in New York, Washington, D.C. and Kyiv over the past year.
"USUBC is very pleased to be working with Trilini International," said Morgan Williams, Director, Government Relations, Washington office, SigmaBleyzer Private Equity Investment Firm, who serves as President, U.S.-Ukraine Business Council (USUBC), "USUBC looks forward to working with Trilini as they expand their work a major importer of food products from Ukraine to the USA."
CORPORATE RAIDERSHIP - “ZHYTOMYRSKI LASOSHCHI”
In 1999, owners of Trilini International Ltd. acquired the majority stake in “Zhytomyrski Lasoshchi” (“Zhytomyr Treats”), confectionery factory in Zhytomyr, Ukraine. From 1999 through 2006, Trilini outfitted the factory with new technology and equipment and introduced a new management style which emphasized the importance of product innovation, maintaining the competitive edge, and ensuring that the factory’s 2500-strong employees are motivated.
In 2007, partners were ready for the factory’s expansion and affiliated to Swiss-based enterprise Delta Capital S.A. to raise capital from the European investors. In the next three years, over $20 million were invested in upgrading equipment and constructing new warehouses at “Zhytomyrski Lasoshchi”. However, in late June 2010, the factory became a victim of a “corporate raider” attack. Trilini International Ltd. and Delta Capital S.A. filed several lawsuits in courts in Ukraine and is fighting to recoup its investments in “Zhytomyrski Lasoshchi”.
USUBC MEMBERSHIP REACHES 185
USUBC membership has grown rapidly during the past six years. Membership now stands at 185. In January 2005 membership was eight; two years later it had grown to 22; in January 2009 it reached 100; and in January of 2011 topped 150. A complete list of USUBC members can be found at: http://www.usubc.org/members.php. For a list of the USUBC board of directors go to:http://www.usubc.org/site/u-s-ukraine-business-council-board-of-directors.