Business news from Ukraine

Business news from Ukraine

UKRAINIAN-GERMAN JOINT COMPANY OPENS ASPHALT PLANT IN UKRAINE

The Ukrainian-German joint enterprise Autostrada (Lviv) has commissioned a mobile asphalt plant in the village of Chervone (Vinnytsia region).
According to the press service of the company, the maximum production capacity of the plant is 160 tonnes of asphalt concrete per hour, the production is fully automated. The plant was launched to produce asphalt for the construction of the M-12 highway on the Vinnytsia-Uman section, which is part of the international transport corridor Go Highway, which will connect the ports of Mykolaiv and Odesa with Poland’s Gdansk.
“In fact, we are building a new road: it will be expanded to three lanes. The new asphalt plant, due to the location, will reduce logistics costs for the delivery of asphalt mixture and, accordingly, the cost of work,” the company noted.
JV Autostrada was registered in Lviv in 2015. Its core business is the construction of roads and highways.
According to the state register of legal entities and individual entrepreneurs, Volodymyr Voloschuk (Odesa) is the owner of the company.
The charter capital of the company is UAH 115 million.