The agricultural trading company “A.V. Export Import” (Chortkiv, Ternopil Oblast) plans to commission the first phase of a new oil refining plant in the Chortkiv-West Industrial Park (Ternopil Oblast) by the end of this year; the investment in the project totaled 25 million UAH, according to Dmytro Kysilevsky, deputy head of the parliamentary committee on economic development.
“Installation of equipment for the first phase has been completed at the Chortkiv-West Industrial Park. Work is currently underway to install the building’s exterior elements and landscape the surrounding area. Production is scheduled to begin at the end of 2026,” he wrote on his Facebook page on Friday.
According to him, the first phase of the plant consists of an oil refining shop and a bottling shop. Production capacity is 50 metric tons of refined oil per day.
The second phase involves an investment of 50 million UAH in the construction of a facility for processing sunflower seeds into oil. The plant plans to employ 123 workers.
Kisilevsky noted that the project’s investor, the company “A.V. Export-Import,” became the first participant in the Chortkiv-West Industrial Park. In addition, negotiations regarding the relocation of two enterprises from the Zaporizhzhia and Kharkiv regions are currently in the final stages.
He also added that in 2026, the Chortkiv-West Industrial Park, with financial support from the Ukrainian-Swiss UCORD project, began construction of water supply networks, while the State Fund for Regional Development of Ukraine is financing the development of the park’s electrical networks.
Currently, the Chortkiv community is preparing an application to participate in the state program for co-financing the development of industrial park infrastructure. The funds are planned to be allocated for the construction of an access road and a road interchange within the industrial park.
The Chortkiv-West Industrial Park was registered in October 2019. It is located on a plot of land covering 87.7 hectares. The declared operating period is 30 years.
According to YouControl, “A.V. Export-Import” reported 1.5 million UAH in net profit and 178.4 million UAH in net revenue in the first quarter of 2026.
The company’s owners are Daria Lupashko-Gurevich, a Bulgarian citizen (50%); Andriy Snezhko, a resident of Kyiv (25%); and Valeriy Yureskul, a resident of the Mykolaiv region.
