Business news from Ukraine

Business news from Ukraine

IDS invests in solar power for energy independence

2 June , 2025  

IDS Ukraine, one of the largest producers of bottled water and beverages in Ukraine, has commissioned a 1.4 MW solar power plant at the Mirgorod Mineral Water Plant, the company’s press service reported.

IDS Ukraine noted that from the first day of operation, the solar power plant began to supply the enterprise with energy, generating up to 600 kW/h even in cloudy weather.

“This project is not just an element of energy efficiency, it is our contribution to the sustainability of the country and our production and logistics infrastructure in the face of infrastructure challenges.

Our strategy is based on strong brands and strong production facilities that are capable of being reliable and predictable manufacturers and suppliers even in turbulent conditions,” emphasized IDS Ukraine CEO Marko Tkachuk.

The launch of the solar power plant at the Mirgorod Mineral Water Plant is part of a long-term strategy to develop our own electricity generation based on the principles of rapid response and strategic sustainability.

According to the strategy, IDS Ukraine will invest EUR530,000 excluding VAT in the construction of its own energy facilities in 2024–2025. The company has already invested EUR 460,000 in the purchase of a diesel generator for the Mirgorod plant to provide an operational reserve and has formed a total generation capacity of 1.6 MW to ensure the uninterrupted operation of critical production and logistics hubs and processes.

“Our team has been planning the transition to a partially autonomous energy supply model for a long time. Having our own solar power plant and energy means reliable production and predictability. We are reducing our dependence on infrastructure risks,” commented Konstantin Kryazhev, CEO of the Mirgorod mineral water plant IDS Ukraine.

The plant’s own solar power generation in Mirgorod will reduce electricity costs by EUR 150,000–200,000 per year, depending on the level of solar activity and current energy prices.

The expected return on investment is about three years, depending on the level of solar activity. The total annual electricity demand of the entire IDS Ukraine group is 28 MW, of which 5 MW is in Mirgorod and 23 MW is consumed by the company’s largest production and logistics facility, the Oskar Morshyn Mineral Water Plant.

In 2026, IDS Ukraine plans to launch another solar power plant with a nominal capacity of 1.6 MW at the Morshyn Mineral Water Plant “Oscar.”

The project of its own solar power plant is part of IDS Ukraine’s ecosystem approach to technological modernization and responsible production, which is the company’s response to current energy and climate challenges, the company emphasized.

IDS Ukraine is a Ukrainian group of companies founded in 1996 and the largest national producer of bottled water. The holding includes the Morshyn mineral water plant “Oscar,” the Mirgorod mineral water plant, the distribution company “IDS,” and the water delivery operator “IDS Aqua Service.”

The group of companies owns the Morshynska, Myrhorodska, Alaska, and Aqua Life trademarks.

As reported, Cyprus-based International Distribution Systems Limited, owner of Ukraine’s largest mineral water producer IDS Ukraine, was subject to Ukrainian sanctions in November 2023 in the form of asset freezing, prevention of capital withdrawal abroad, and a ban on increasing the authorized capital of Ukrainian companies associated, in particular, with Russian oligarch Mikhail Fridman and other co-owners of Alfa Group.

The process of nationalizing IDS Ukraine is currently ongoing.

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