The Vitagro group of companies plans to begin the first phase of construction work on the new ABC Hub industrial park in the Khmelnytskyi region in the second half of 2025, with production lines expected to be launched by the end of 2028, according to a press release from Vitagro.
According to the group’s press release, the 11-hectare IP will house enterprises for the processing of agricultural raw materials, food production, packaging, as well as warehousing complexes, research centers, laboratories, logistics infrastructure, and commercial facilities.
As reported, the Ukrainian government registered the ABC Hub industrial park at a meeting on Wednesday, and the initiative to create the park came from the private manufacturing and commercial enterprise Budzalizobeton, which is part of the Vitagro group of companies.
The group reports that the total investment in the project is estimated at UAH 1.65 billion.
“At the first stage, the Vitagro group will invest UAH 127 million of its own funds in preparatory and land works, design, connection to networks, and infrastructure preparation of the territory. In the future, Vitagro plans to invest about $35 million in ABC Hub,” the press release says.
As reported, the initiator or managing company of the IP may receive up to UAH 150 million in co-financing from the state for the construction of engineering and transport infrastructure.
According to project estimates, at least 350 new jobs will be created at the park, about 300 of which will be production personnel and the rest administrative.
“Salaries are planned to be 30-45% higher than the regional average,” the press release states.
The group expects a significant economic effect – ABC Hub’s gross domestic product will range from UAH 6.9 billion in 2027 to UAH 13.7 billion in 2033.
“Thanks to this, more than UAH 13 million will be transferred to local budgets each year in the form of personal income tax, a single social contribution, and a military levy,” the group’s press service said.
Founded in 1998, the Vitagro group of companies is one of the largest industrial groups in Ukraine with assets in the agricultural, energy, processing, construction, and chemical industries. It owns enterprises in the Khmelnytskyi, Rivne, Volyn, Ivano-Frankivsk, and Kyiv regions. It cultivates about 90,000 hectares of land and is also engaged in livestock breeding, horticulture, renewable energy, fertilizer and feed production, construction, and the production of building materials.
During the full-scale invasion, the group built and launched five processing plants. Vitagro’s head office is located in Khmelnytskyi.
According to the Unified State Register of Legal Entities and Individual Entrepreneurs, the ultimate beneficiary of the investment company Vitagro is People’s Deputy Serhiy Labazuk (parliamentary faction “For the Future”).
