Business news from Ukraine

Salt deposit in Transcarpathia can fully provide Ukraine with technical salt

13 August , 2022  

Kation Invest LLC (village of Tereblya, Transcarpathian region) has begun the development of the Bushty salt deposit on the territory of the Bushty community of the Tyachevsky district of the Transcarpathian region, which will fully meet the needs of Ukraine in technical salt, the head of the Transcarpathian Regional Military Administration (OVA) said. Viktor Mikita on Facebook.

He specified that the company expects to produce the first batches of salt within six months. In total, the field allows to produce up to 150 thousand tons per month by underground extraction through boreholes located on the surface of the earth.

“Unfortunately, due to the hostilities in the Donetsk region, the Artemsol state enterprise, which provided 100% of the country’s needs, stopped. To fulfill certain tasks to cover the country’s food security, Transcarpathia was involved in this difficult, but extremely important work. After preliminary geological research, a colossal salt layer starting from 35m to 500m,” he said.

According to Mikita, Cation Invest has already begun engineering work on the construction of an access road, marking drilling sites, equipped housing for workers, and also purchased modern equipment for deep industrial drilling.

“According to experts, in six months we will have the first mined salt. The deposit will be able to meet 100% of Ukraine’s demand for technical salt supplied to hold roads in the winter. Now the country’s need for technical salt is up to 450,000 tons per season” , – the head of the OVA emphasized.

In addition, it is planned to develop the infrastructure of the enterprise for the production of table salt for the needs of the population.

“We provided the investor with the most favorable conditions, agreed to consider additional options within the industrial park, allowing the enterprise to develop faster,” Mikita summed up.

According to the Unified State Register of Legal Entities and Individual Entrepreneurs, Kation Invest LLC with an authorized capital of UAH 4.3 million was established in 2014, 95% of its shares belong to Valentin Kondratiev and 5% to Igor Gerey.

As reported, the state-owned enterprise Artyomsol (Soledar, Donetsk region), previously the largest salt producer in Europe, stopped work in April indefinitely due to the invasion of Ukraine by Russian troops. The production process at the enterprise is impossible due to the shelling of Soledar by the Russians, damage to its salt mines and infrastructure.

As a result, Ukraine was forced to buy salt from Poland, Romania and Hungary.
Earlier, a video analysis of the state of the salt market in Ukraine and about the harm and benefits of salt for the human body was released on the YouTube channel “Club of Experts”. For more details, watch the video at the link