According to the expert, about 100,000 tons of fireproof paints, plasters and other products may be needed to restore destroyed real estate.
Research by the Kyiv School of Economics and USAID shows that 90% of the construction materials needed to rebuild Ukraine can be produced locally. At the same time, the director of Kovlar Group, the largest Ukrainian manufacturer of fireproofing materials that produces Ammokote products, said that the total capacity of domestic fireproofing manufacturers far exceeds the expected demand during the reconstruction.
“As of today, fire protection materials worth about UAH 1 billion are needed to rebuild the destroyed facilities,” said Konstantin Kalafat, ”At the same time, the use of locally produced products will not only help develop Ukraine’s construction industry and create new jobs, but will also help investors save a lot of money, as Ukrainian products are much cheaper than imported counterparts.
Established in 2015, Kovlar Group is the largest Ukrainian manufacturer of fire protection products, which occupies about 60% of the Ukrainian fire protection materials market and offers more than 20 products under the Ammokote brand.
Established in 2015, Kovlar Group is the largest Ukrainian manufacturer of fire protection, which occupies about 60% of the Ukrainian fire protection materials market and offers more than 20 products under the Ammokote brand.
Kovlar Group LLC was founded in 2015, its authorized capital is UAH 1.2 million, and its ultimate beneficiaries are Kostiantyn Kalafat (40%), Andrii Ozeychuk (35%), and Liubov Vakhitova (25%). According to the company’s annual reports, in 2023, the company received UAH 42 million 585 thousand in revenue, which is more than four times higher than in 2022; net profit for 2023 was UAH 7.7 million against a net loss of UAH 1.6 million in 2022.
fire protection materials, Kovlar Group, RECONSTRUCTION, Калафат
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