Cabinet furniture manufacturer Accord Import (Khmelnytsky) will almost triple its production capacity by building a new plant in Khmelnytsky, where it plans to create 140 jobs, according to Dmytro Kysylevsky, deputy chairman of the Verkhovna Rada Committee on Economic Development.
“Construction of a new cabinet furniture plant has started in Khmelnytsky. The project’s investor is Accord Import. After the new plant is launched, its production capacity will increase from 420 thousand square meters to 1.2 million square meters of cabinet furniture per month. This will allow the company to enter the top 5 manufacturers of cabinet furniture in Europe,” he wrote on his Facebook page on Tuesday.
According to the MP, the amount of investment in the new project is $14 million. The launch of the first production lines is scheduled for July 2025, and the new plant should reach full capacity in September.
Kisilevsky noted that a 1.1 MW solar power plant has been built and an additional 2.8 MW is under construction to meet the electricity needs, and a gas piston plant has been purchased.
“Currently, the existing Accord Import facility is 100% utilized. About 70% of the company’s orders for cabinet furniture come from the international retail chain JYSK, which in 2025 increased the volume of orders for cabinet furniture from Ukraine by a third,” Kysylevsky wrote.
According to the company’s Facebook page, Raiffeisen Bank has extended the term of the credit line under this contract, which was granted at the end of 2023, and the term of the ECA insurance contract for Accord Import.
“Thus, Raif and ECA have supported furniture exports for 2025 to Denmark, the Netherlands, Hungary, Bulgaria, Poland, Sweden, Germany and Spain,” the company wrote.
According to Kysylevsky, Accord Import exports 96% of its products to the EU, and the launch of the new plant will expand the geography of exports to the Middle East, South Asia, and South America.
The MP also clarified that the owners of Accord Import, the Grabar family, started out as furniture importers, while now it is Ukraine’s largest exporter of cabinetry.
He also added that to replace the imports of cellular cardboard used by the company for furniture packaging, another company is currently under construction in Khmelnytsky Oblast to produce this product.
“And the supplier of wooden boards for Accrod Import is Kronospan, which has recently launched a production line in Rivne region,” Kysylevsky added.
According to the Clarirty Project, Accord Import LLC was registered in Khmelnytskyi in August 2015. The company’s authorized capital is UAH 42.105 million, and the owners are Mykola, Ruslan, and Vadym Hrabar in equal shares.
In January-September 2024, the company increased its net profit by 23% compared to the same period in 2023 to UAH 120.6 million, with net revenue growing by 27% to UAH 1 billion 271 million.
