Business news from Ukraine

Business news from Ukraine

AUSTRIA’S ASTEBO COULD LAUNCH HEATING EQUIPMENT PRODUCTION IN LVIV REGION

29 October , 2015  

KYIV. Oct 29 (Interfax-Ukraine) – Austria’s ASTEBO, an industrial boiler manufacturer, is mulling the possibility of launching boiler production in Ukraine – at the Karpaty experimental mechanical plant in Lviv region.

According to a press release of the Chamber of Commerce and Industry of Ukraine, the project was discussed at the Ukrainian-Austrian business forum that took place last week in Vienna.

“Soon ASTEBO representatives with the help of the Chamber of Commerce and Industry would visit the Karpaty plant to study the technical conditions and prepare bids for a tender,” reads the press release.

Karpaty experimental mechanical plant LLC produces chemical and mining equipment and spare parts to it, fuel storage and transportation reservoirs for filling stations and autohydraulic hoists. The plant also produces hopper cars and gondola cars.

According to the state register, 41.3% of the limited liability company belongs to Yevhen Pohrebniak, around 41% to Olegro Ltd. (Cyprus) and 17.7% to the company head Hryhoriy Bevz.

ASTEBO is a global leader in designing, manufacturing and installation of industrial boilers and steam and hot water systems.