diff --git a/hy_odoo/odoo.hy b/hy_odoo/odoo.hy
index fbcf0a6..714f023 100644
--- a/hy_odoo/odoo.hy
+++ b/hy_odoo/odoo.hy
@@ -17,6 +17,7 @@
 
 " Odoo macros "
 
+(require [hy-odoo.xml [if-python2]])
 (import [os [path]])
 (import [hy-odoo.xml [xmlroot xmln]])
 
@@ -174,6 +175,7 @@
   "Transforms hy to py for translation purpose"
   (import astor)
   (import [os.path [dirname]]
+          [io [open :as iopen]]
           [hy.lex [hy-parse]]
           [hy.compiler [hy-compile]]
           [hy.errors [filtered-hy-exceptions]])
@@ -186,10 +188,15 @@
 
   (for [hy-file hy-files]
     (setv hy-path (% "%s/%s.hy" (, (dirname module-path) hy-file))
-          hy-source (with [o (open hy-path "r")] (.read o))
+          hy-source (with [o (iopen hy-path "r" :encoding "utf-8")] (.read o))
           output-path (.replace hy-path ".hy" ".py")
-          output-py (% "# %s\n%s" (, "Generate from Hy AST, for Babel translation purpose only. For real source code, please see and use HY source" (hytopy hy-source hy-path))))
-    (with [f (open output-path "w")] (.write f output-py))))
+          content ["# Generate from Hy AST, for Babel translation purpose only."
+                   "# For real source code, please see and use HY source."
+                   (hytopy hy-source hy-path)])
+    (if-python2
+      (.insert content 0 "# -*- coding: utf-8 -*-") (continue))
+    (setv output-py (.join "\n" content))
+    (with [f (iopen output-path "w")] (.write f output-py))))
 
 ; Migrations
 
diff --git a/setup.py b/setup.py
index 0844254..0edbdc5 100644
--- a/setup.py
+++ b/setup.py
@@ -2,7 +2,7 @@ from setuptools import setup, find_packages
 
 setup(
     name="hy_odoo",
-    version="0.5.0",
+    version="0.5.1",
     packages=find_packages(),
     package_data={
         'hy_odoo': ['*.hy'],