Pozhmashyna Industrial Company (Pryluky, Chernihiv region) has signed an agreement with the Formatsiya.Lviv industrial park to build a new plant, the company reports on its Facebook page.
“The day of January 31, 2025 will go down in the history of not only our company, but also in the history of Ukrainian engineering (…). Realizing all the military and other risks, we are investing $15 million in Ukraine, in the development of the country’s industry, and in job creation,” the statement said.
The construction period is two years.
“Despite everything – a full-scale invasion, all the difficulties and risks, the shameful attitude of the authorities to business that exists today – we, an industrial company, did not run away, did not close production, did not lay off people,” Pozhmashina emphasizes.
As reported, after the outbreak of full-scale hostilities, Pozhmashina partially relocated its production facilities to Lviv.
Pozhmashyna produces a wide range of firefighting, rescue and specialized equipment, and has repeatedly supplied special equipment to the State Emergency Service of Ukraine.
According to the Clarity Project, in 2023, the company increased its net profit by 19.3% year-on-year to UAH 537.7 million, while net revenue increased 2.2 times to UAH 2 billion 093 million. In January-September 2024, net profit decreased by 2.8 times compared to the first nine months of 2023 to UAH 189.3 million, while revenue more than halved to UAH 946.7 million.
Oleg Averyanov is the founder and ultimate beneficiary of Pozhmashina Industrial Company.
Formatsiya.Lviv Industrial Park was included in the register of industrial parks in October 2023. The concept envisages the location of manufacturing enterprises with a total area of over 150 thousand square meters and the creation of 3,600 jobs on an area of over 30 hectares.
The park was created by Alterra Group in cooperation with Lviv City Council, Kyiv School of Economics and the Ministry of Economy of Ukraine.
In December 2024, the park received more than UAH 114 million in funding from the Ministry of Economy under the “Made in Ukraine” program for the construction and development of infrastructure.
