The new Smart Line plant in the VinIndustri industrial park (IP) (Vinnytsia) has begun production of paint booths for the metalworking industry; initial investments in the plant totaled 46 million UAH, according to Dmytro Kysilevsky, deputy chairman of the Verkhovna Rada Committee on Economic Development.
“The plant’s design capacity is 20 paint booths per month. The first phase covers an area of 2,800 square meters. The industrial facility for the second phase, with an area of 5,000 square meters, is scheduled to be built by the end of 2026, with commissioning in 2027. The planned investment in the second phase is 60 million UAH,” he wrote on Facebook on Thursday.
Kysilevsky emphasized that with the second phase, Smart Line will become Ukraine’s largest manufacturer of paint booths.
In total, the company plans to employ 150 workers; currently, 32 specialists are working there, and the search for another 15 employees is ongoing.
“The first paint booths manufactured in the industrial park have been exported. Deliveries have already been made to Poland and Moldova. An order from Estonia is currently being fulfilled,” the MP said.
He added that to import equipment for the second phase of the Smart Line plant, the company plans to take advantage of the incentives provided for industrial park participants, specifically the zero VAT rate and zero import duties on equipment.
“The company can also take advantage of a zero corporate income tax rate for a period of 10 years, provided that the freed-up funds are reinvested. The Vinnytsia City Council has reduced the land tax for industrial parks from 3% to 1%. In addition, park residents are exempt from property tax,” Kysilevsky noted.
The VinIndustri industrial park, covering 26 hectares, was established in 2021. The initiative came from the Vinnytsia City Council.
According to information on its website, the Smart Line powder coating equipment plant was founded in 2014, and at the end of April of this year, the company began moving to its own production facility.
The company’s co-owners are two entrepreneurs from Khmelnytskyi—company director Oleksandr Bebekh (66.7%) and Serhiy Korbin (33.3%).
As previously reported, among the declared residents of the VinIndustri industrial park are Firewood (a manufacturer of equipment for producing fuel briquettes and pellets), Vizardy (metalworking for construction and agriculture), and the pharmaceutical distributor BaDM.