Business news from Ukraine

Investment company BGV Group Management launched a new plant for production of crushed stone in Zhytomyr region

28 September , 2022  

The investment company BGV Group Management has launched a new plant for the production of crushed stone products in the Zhytomyr region, investments in construction amounted to $22 million.

“Our company BGV Group Management has officially launched a state-of-the-art crushed stone plant. Fully automated, with the latest technological Swedish SANDVIK equipment, mining equipment and infrastructure built from scratch. We did all this literally in the forest, greenfield and during a full-scale war in the country,” said member of the board of directors of the investment company Sergei Voitsekhovsky.

According to him, the production capacity of the plant is 1.5 million tons of rock mass per year. Granite Quarry LLC operates on the basis of the Zherevsky deposit with an area of ​​63.2 hectares, the reserves of which amount to 46 million cubic meters of rock.

The opening of the plant will create 200 new jobs in the region, Voitsekhovsky emphasized.

BGV Group Management is an investment company of Gennady Butkevich, developing businesses and projects in the mining, processing, energy efficiency, retail and development sectors.

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