Business news from Ukraine

Business news from Ukraine

Nova-Kos and BGV Group plan to implement a wastewater treatment facilities project in Kalush

Nova-Kos LLC (Kyiv), jointly with BGV Group Management of Hennadiy Butkevych, co-owner of the ATB corporation, plans to implement a wastewater treatment facilities project in Kalush (Ivano-Frankivsk region), the Agency for Restoration of Ukraine reported.

“The private company Nova-Kos LLC will finance and carry out the design, construction and subsequent operation of the complex. A draft cooperation agreement in the field of centralized wastewater disposal has been approved by a decision of the city council session,” the Agency’s website states.

It is noted that Kalush is one of the Agency’s six pilot projects in the field of wastewater disposal. The project provides for the implementation of a modular solution that will reduce construction time and costs, as well as ensure flexible scaling of capacity in accordance with the community’s needs.

As the Ivano-Frankivsk publication Vikna reported, according to the project presentation, its cost will amount to UAH 513 million. The project implementation period is about two years.

According to the Agency for Restoration, the agreement between the company and the city provides for the establishment of an economically justified tariff with an investment component.

“Yes, we have indeed begun the practical phase of investing in one of the most complex and ‘non-obvious’ sectors — urban infrastructure. Kalush is a pilot project, based on the results of which we plan to implement a series of similar projects across the country,” BGV Group Management board member Oleksii Tymofieiev noted on Facebook.

BGV Group Management is an investment company developing businesses and projects in the mining, processing, energy efficiency, retail and development sectors.

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BGV Group Management investment company will build graphite concentrate plant in Ukraine

Investment company BGV Group Management in 2024 plans to begin construction of a plant to produce graphite concentrate and spherical granite on the basis of Balakhovskoye deposit (Kirovograd region).
“BGV’s team is currently performing the second stage of pilot tests of the processing plant and completing the design of the production complex and graphite pilot tests on the Balakhovskoye project. Next year, the company plans to start building one of the largest production complexes in Europe,” BGV Group Management said in a press release.
According to its data, the facility’s potential capacity will be 50,000 tons of graphite concentrate per year and 19,000 tons of spherical graphite for lithium-ion batteries. The company expects that such volume will be able to cover a significant part of the European Union market demand.
BGV is also working on a pre-feasibility study for the Perzhansky complex beryllium deposit (Zhytomyr region) and expects to present the results to investors soon. According to its data, the deposit has reserves of 2.34 million tons of ore. In addition, it also has reserves of zinc, rare earth elements and other materials.
Investments in extraction and further processing of raw materials are one of the main focuses of the company, BGV Group Management board member Sergii Voytsekhovskii said during the presentation of projects at Ukraine Recovery Conference 2023 in London. According to him, the investments of the group and its founder Gennady Butkevich in the Ukrainian mining projects amounted to over $100 mln in eight years.
BGV Group Management is an investment company, which develops businesses and projects in mining, processing, energy efficiency, retail and development. Its founder Gennady Butkevich is also a co-owner of ATB Corporation

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Investment company BGV Group Management launched a new plant for production of crushed stone in Zhytomyr region

The investment company BGV Group Management has launched a new plant for the production of crushed stone products in the Zhytomyr region, investments in construction amounted to $22 million.

“Our company BGV Group Management has officially launched a state-of-the-art crushed stone plant. Fully automated, with the latest technological Swedish SANDVIK equipment, mining equipment and infrastructure built from scratch. We did all this literally in the forest, greenfield and during a full-scale war in the country,” said member of the board of directors of the investment company Sergei Voitsekhovsky.

According to him, the production capacity of the plant is 1.5 million tons of rock mass per year. Granite Quarry LLC operates on the basis of the Zherevsky deposit with an area of ​​63.2 hectares, the reserves of which amount to 46 million cubic meters of rock.

The opening of the plant will create 200 new jobs in the region, Voitsekhovsky emphasized.

BGV Group Management is an investment company of Gennady Butkevich, developing businesses and projects in the mining, processing, energy efficiency, retail and development sectors.

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