Corporation Biosphere (Dnipro), the largest Ukrainian manufacturer of household and personal care products, is completing the construction of a new logistics complex at its site with an area of 8,500 square meters worth EUR 4 million, and is also implementing a project for the production of nonwoven fabrics for wet wipes worth EUR 21 million.
“In a month we will launch a warehouse complex – a narrow-aisle, high-class, yet non-automatic. With our assortment, we understand that this [automatic] is the next stage,” the founder and CEO of Biosphere, Andriy Zdesenko, said at the forum “UkraineInvest Talks: Dnipro.”
He added that the corporation is also already building Ukraine’s first facility for production of nonwoven fabric for wet wipes, which it manufactures and exports to 30 countries.
“Previously, we imported about 70 vehicles of cloth per month to produce this product. Having bought the most modern equipment of Austrian-French production, we will start installing it in autumn, and there will be a full cycle: production of non-woven cloth – wet wipes – a brand and a global opportunity to export,” he said.
Speaking about the prospects, he noted the significant growth potential of a fairly large domestic market and the faster and more qualitative development of logistics in it thanks to such companies as Rozetka or Nova Poshta.
At the same time, the CEO of Biosphere advocated the creation by the state in Ukraine of competitive conditions in comparison with Poland or Estonia, where there are tax benefits in the form of a tax on withdrawn capital.
Biosphere Corporation has been operating in Ukraine for over 20 years. Its products are presented in the markets of 30 countries in EUR ope and Asia. The product portfolio includes more than 2,000 items under 13 trademarks Freken BOK, Smile, Selpak, Vortex, Novita, PRO service, Bambik and others.
