The Lviv Ventilation Plant (LVP) has completed construction of the second phase of its production facilities and plans to install equipment by the end of 2026 that will allow the plant to double its production volume, according to Dmytro Kysilevsky, deputy chair of the parliamentary committee on economic development.
“The Lviv Ventilation Plant has completed construction of the second phase of its production facilities. The equipment has already been purchased and, according to the plan, will be installed by the end of 2026. The investment in the plant’s second phase totaled approximately $1.5 million,” he wrote on Facebook on Wednesday.
Kisilevsky noted that to implement the project, the plant utilized tools from the “Made in Ukraine” policy, specifically the “5-7-9” affordable loan program, as well as a grant for equipment for the processing industry. In addition, the plant is preparing to participate in the state program that compensates 15% of the cost of Ukrainian-made equipment.
According to the MP, in 2025, production volumes at the Lviv Ventilation Plant increased by 30% and have remained at the same level this year.
“The company has a full production cycle and currently processes about 55 metric tons of sheet metal per month. Investments totaling $2.5 million are planned for the construction of the plant’s third phase,” he added.
Kysilevsky also noted that the plant’s investors previously engaged in importing ventilation equipment but have now shifted their focus to developing production in Ukraine—the launch of the plant’s first phase, with investments of approximately $1 million, took place in 2022, a few months after the full-scale invasion.
The Lviv Ventilation Plant manufactures air ducts, sound absorbers, and components for ventilation systems designed for use in industry, retail, hotels, and business centers.
According to data from YouControl, in 2025 the plant increased its net sales revenue by 20% compared to the previous year—to 50.1 million UAH—while net profit decreased by 34.6%—to 1.6 million UAH. In the first half of this year, net revenue amounted to 19.6 million UAH, and net profit was 0.71 million UAH.
Serhiy Vozgomenchuk, a resident of the Rivne region, owns 100% of the company’s shares and serves as its CEO.
