According to Serbian Economist, the authorities in Injiya have confirmed that the Minth Group is moving forward with the launch of a mega-project in Vojvodina. The first stage involves land registration: part of the territory has already been purchased, and the package of documents for the remaining 210 hectares is “in the final stages.” If negotiations are completed without delay, construction could start as early as June 2026.
What has been announced about the project
According to the parameters that have been publicly discussed since 2024–2025, the project involves a plant for the production of components for the electric vehicle industry:
— investment — up to €870 million (over several years/phases),
— new jobs — about 2,200,
site size — 210 hectares, which is unusually large even by the standards of large-scale industry.
The size of the project will change the economy of the region.
For Inji, this means a jump in employment, tax base, logistics development, and demand for contractors — from construction companies to services and suppliers.
This is part of Minth’s “big package” in Serbia.
Minth already has a presence in the country: the company entered Serbia in 2018 (first production facility in Loznica, then Šabac) and is discussing expansion at several sites.
In addition to Inji, in 2025, the media reported on Minth’s additional plans for new factories and jobs in other cities in Serbia — the total scale of investment is close to billions of euros.
Serbia is consolidating its role as an industrial base for auto components.
Minth is a global supplier of auto parts and solutions for body/structural components, working with dozens of brands. For Serbia, this means strengthening its “auto cluster” and potential growth in export revenue.
At this scale, any bureaucratic delay will prolong the project by months.
Human resources and wage competition: 2,200 jobs in a single project will inevitably “pull” the labor market in the region.
Infrastructure and energy: a plant of this size will require a stable power supply, logistics, and supply chain, otherwise the effect will be lower than expected.
If the announced deadlines are met, Injiya could become one of the key points of Serbia’s industrial growth in 2026–2028, with a strong focus on components for the new automotive industry.
https://t.me/relocationrs/2159
The European Commission expects wine consumption in Europe to decline by 0.9% annually over the next nine years, according to a report by the EC cited by the newspaper Le Figaro. According to the document, by 2035, wine consumption by European citizens over the age of 16 will decline from 21.2 liters per capita per year to 19.3 liters.
According to the International Organization of Vine and Wine, the main consumer of wine in Europe is France, followed by Italy, Germany, and Spain. According to a 2023 study by the Vin et Societe association, wine consumption in France has already declined significantly: while in the 1960s the figure was 127 liters per capita per year, the latest data shows that per capita consumption in France is now 40 liters per year.
The EC explains this trend by the fact that “consumers are concerned about their health, and also because national policy calls for moderate alcohol consumption.” In addition, the decline in consumption may be due to “changes in consumer habits and preferences.” Also, preference is often given to quality rather than quantity.
The Ministry of Economy, Ecology, and Agriculture has included VUSO Insurance Company (Kyiv) in the list of insurers eligible to insure agricultural products with state support.
According to the ministry’s website, insurance companies INGO, Universalna, and VUSO are currently authorized to provide such insurance.
As reported, the state budget for 2026 provides for UAH 60 million to support agricultural insurance for the first time, for which the Cabinet of Ministers adopted the relevant changes to the procedure for providing state support on December 31.
The resolution provides for compensation for part of the insurance premiums paid, in particular up to 60% of the cost of insurance premiums for agricultural producers working in frontline communities and up to 45% for other agricultural producers.
To insure agricultural products, agricultural producers must apply to insurance companies that have been granted the right to provide such insurance in agreement with the National Bank of Ukraine. The list of such companies is published on the website of the Ministry of Economy.
Agricultural product insurance contracts will be concluded in accordance with a list of standardized insurance products, which, in particular, provide protection for winter grain crops during the winter period, for winter grain crops throughout the entire growing season, and for future grain crops during the spring and summer growing season.
VUSO Insurance Company was founded in 2001. According to the NBU, the company ranks fourth among non-life insurers in Ukraine in terms of premiums collected for the first nine months of 2025.
On April 23, 2024, the National Bank of Ukraine reissued the company’s licenses to conduct insurance activities (33 for voluntary and 17 for compulsory types of insurance). IC “VUSO” has 34 representative offices, 2 branches, and more than 20 agency sales centers throughout the country.
On January 23, Ukraine’s Foreign Intelligence Service announced a tender for compulsory motor third-party liability insurance services, according to the Prozorro electronic public procurement system.
According to the system, the expected cost of purchasing the services is UAH 2.2 million.
The deadline for submitting tender bids is January 31.
compulsory motor third-party liability insurance, FOREIGN INTELLIGENCE SERVICE, INSURANCE
The document on security guarantees from the US is 100% ready, and Ukraine is waiting for its partners to confirm the date and place of signing, Ukrainian President Volodymyr Zelensky said.
“For us, a security guarantee is, first and foremost, a bilateral security guarantee from the United States of America. The document is 100% ready, we are waiting for our partners to be ready to provide a venue for us to sign it, and then the document will go for ratification in the US Congress and the Ukrainian parliament,” Zelensky said during a press conference in Vilnius on Sunday.
On December 23, Zelensky announced that the agreement on security guarantees from the US was ready for signing, and that the date and place of signing depended on US President Donald Trump.
“It’s up to him. We are ready to sign these documents, which are so important to us. I emphasize once again that we are confident that these are historic documents,” Zelensky said during a conversation with journalists.
The development of industrial parks in Ukraine in 2026 will include several key areas that have begun to take shape over the past three years, in particular, steady growth in the number of both registered and operating industrial parks (up to 30 registered per year, 15-20 operating), according to Valery Kirilko, CEO of the Industrial Parks of Ukraine group of companies.
As noted in the final report on the development of industrial parks provided by Kirilko, they will develop in the direction of greater specialization, innovation, and environmental friendliness.
“State support, attracting foreign investors, and developing infrastructure will make it possible to create powerful industrial clusters that will become the driving force behind the country’s economic recovery and growth,” the report says.
The report notes that at the end of 2025, there were 118 industrial parks registered in the register of industrial parks in Ukraine (in January 2026, seven parks were excluded, so now there are 111).
At the same time, during the period of wartime from 2022 to 2025, 80 IPs were registered, which is almost 70% of the total number. Last year, 27 parks were registered and eight were excluded from the register.
As reported, by the end of 2025, 37 industrial enterprises had been built or were under construction in IPs, of which 22 plants had been built and another 15 were under construction. These are enterprises in the fields of agro-processing, food production, furniture and woodworking, and mechanical engineering.
According to data provided by Kirilko, Kyiv region became the leader in terms of the number of registrations – four IPs, Zhytomyr, Odesa, and Khmelnytskyi regions have three each, and Vinnytsia, Zakarpattia, and Lviv regions have two each. Eight more regions registered one industrial park each.
“We would like to note the appearance of the first industrial park registered in the Kirovohrad region,” the article notes.
Overall, the leader in terms of the number of registered IPs is the Lviv region, which currently has 20 parks registered, followed by the Kyiv region with 15, and the Zakarpattia region with 12.
“The largest increase during the war was also demonstrated by the Lviv region with 12 parks, the Zakarpattia region with 11, and the Kyiv region with eight parks. There are still no industrial parks in three regions: Kharkiv, Kherson, and Zaporizhzhia,” the report says.
Among the initiators in 2025, there were more private initiators (19) than municipal ones (8).
“Among municipal parks, it is worth noting the emergence of a new type of synergy in the creation of parks, the so-called combined industrial parks. These are municipal IPs that are created by a municipal initiator for a specific investor, who then enters as a management company and begins to develop it as an attracted developer or production “anchor” operator. Of the eight municipal parks, at least three were created on this principle,” the material notes.
The largest number of specialized industrial parks are associated with the industrial agricultural sector and food production, followed by the production of building materials, and separately among them, the production of metal structures.
“Next comes warehouse real estate, although this is not a sign of IP, but many parks have recently been registered as transshipment and storage bases with an additional industrial block. And then there are mixed parks that do not have any specialization,” the report notes.
A separate type of participant has also emerged that meets the requirements of the times: energy companies operating solar power plants, gas piston power plants, plants that convert waste into electricity and biogas, energy storage operators, and other combinations of such participants.
“In this regard, questions and problems arise when it is planned to place such electricity operators on industrial land. But gradually, practical cases are adapting the conditions for the implementation of such projects within industrial parks,” experts note.
The article reminds us that the total amount of state incentives for industrial parks in 2025 was UAH 900.681 million, and more than UAH 4 billion was financed by private business – 98% of these investments were of Ukrainian origin.
“Unfortunately, the opportunities for attracting international grants or technical assistance programs for the development of IP infrastructure are currently limited. The main reason is that international organizations and donors are focused on supporting specific enterprises or residents that already operate or plan to operate in the parks, rather than financing infrastructure projects such as communications, road construction, or railway branches,” the article states.
In addition, infrastructure investments are risky for MFIs because they have no guarantee of return.
“The only known case is the Riasne-2/M-10 Lviv Industrial Park in Lviv, which is managed by Dragon Capital. They received a loan from the EBRD for more than $24.5 million, insured against military risks by MIGA. However, these funds were used not only for infrastructure, but also for the construction of facilities for residents,” the article says.
Experts also note that today there are three main types of industrial park initiators: industrial (a private initiator creates an industrial park for its own production projects); municipal (community in the form of a local council, municipality); developer (private owner or tenant of a land plot or industrial zone).
At the same time, they note a sharp increase in private parks in relation to municipal ones—if until 2022, municipal parks accounted for about 80% of the total number, then over the past three years, the share of registered municipal parks has been 35%, and private ones, respectively, 65%.
Among the trends in the development of IPs this year, experts also mention an increasing shift from quantity to quality, increased government support and incentives, active attraction of foreign investors, and environmental friendliness.
In addition, they believe that IPs are increasingly focused on creating technology clusters, and industrial clusters, where residents complement each other, will become more widespread.
An increase in the number of network management companies specializing in IP development is also expected, and foreign management companies, especially from Europe and Asia, will begin to enter the Ukrainian market more actively.
Another important step will be the creation of the All-Ukrainian Association of Industrial Parks, and development companies will become increasingly interested in industrial parks.
