Business news from Ukraine

Business news from Ukraine

$62.5 mln trout farming and processing complex is being built in Poltava region

Smart Tech Industry LLC plans to raise $13 million to build “Trout Valley,” a high-tech complex for trout farming and value-added processing, in the Poltava region. The total cost of the project is $62.5 million, according to the Ukraine Investment Guide 2026, presented at the Ukraine Recovery Conference (URC2026) in Gdańsk.

As noted in the catalog, the complex will be located near the village of Zasulya in the Lubny District and will consist of five production modules with a total capacity of 2,500 metric tons of product per year.

The facility plans to produce trout fillets, cleaned and portioned fish, as well as value-added products, and will provide processing and packaging services for corporate clients.

The project is based on recirculating aquaculture system (RAS) technology, involves the automation of production processes, and utilizes Danish engineering solutions. The primary target markets are retail chains and the hospitality and restaurant sectors in Ukraine and the European Union.

According to the catalog, the project is ready for implementation. Design work has been completed, the necessary permits have been obtained, expert reviews have been conducted, and construction of the engineering and transportation infrastructure—including gas, water, and electricity supply networks—has begun.

The project is being implemented within the Smart Tech Industry industrial park, which allows for the use of state tax and customs incentives. The estimated implementation period is three years, with a payback period of 2.5 years.

As previously reported, in March 2024, the Cabinet of Ministers included the “Smart Tech Industry” industrial park in the Lubenskyi District of Poltava Oblast in the Register of Industrial Parks. The park’s concept called for the construction of a facility for the deep processing of agricultural products. According to a memorandum signed with American investors, $7 million was planned to be invested in developing its infrastructure, and $20 million in constructing the park’s facilities. The project was expected to create approximately 350 jobs.

Smart Tech Industry LLC was founded in 2016. The company’s main focus is the creation and development of the Smart Tech Industry industrial park and the implementation of industrial projects on its territory.

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