The Kovalska Industrial and Construction Group (Kyiv) invested over $10 million in purchase of 360 freight cars for transporting crushed stone from its own quarries.
“Last year, we purchased 360 cars for the transportation of crushed stone from our own quarries to the production facilities of the group in Kyiv, which cost us more than $10 million. It allowed us to harmoniously develop the raw materials business,” Director General of Kovalska Group Serhiy Pylypenko said.
In addition, he said, last year the company also invested more than EUR 5 million in upgrading its own fleet.
“KamAZ is ineffective and not environmentally friendly. In 2017, we bought 30 Mercedes trucks for EUR 5 million to transport cement. In general, we plan to purchase more, maybe even next year,” Pylypenko said.
Kovalskaya Group was established in 2006 and it has been operating in the market of ready-mixed concrete and reinforced concrete products since 1956.
