KTD Group, which produces household appliances in Ukraine under the trademarks of Saturn, ST and Laretti, intends in April-May 2018 to launch production of refrigerators with the plan to bring it to about 300,000 units, director of the Ukrainian Association of Electrical Goods Manufacturers Oleh Ivanenko has said.
“The timing of launch is slightly shifted (it was planned to open the plant in January-February of this year), but this is due to the need to completely resolve all emerging technical issues, especially in so complicated production. Now the equipment is being debugged, in any case everything will be brought to the end. It is planned to invite the president of Ukraine to the opening,” he told Interfax-Ukraine.
As reported, it was initially planned to open the plant in the summer of 2017, but President of KTD Group Oleksandr Hromyko explained the shift in terms to the beginning of 2018 by the need to change the project taking into account energy saving technologies, since it is planned to produce energy saving refrigerators of A++ and A+++ classes.
KTD Group has been operating in the household appliances market for 20 years. It is a large supplier of household appliances of different brands in the European market. Some of the products are manufactured in factories in China, Turkey and Taiwan. According to its website, during this period offices were opened in 15 countries, including Dubai, the UAE, and Tunisia. Dragon Capital investment company estimates the share of the group in the Ukrainian home appliances market at 14%.
