Business news from Ukraine

Business news from Ukraine

Umanpivo has opened new branch in Bila Tserkva for direct product deliveries

The Umanpivo brewery (Cherkasy region) has expanded its logistics network and opened a new 2,000 sq m branch in Bila Tserkva, according to the company’s press service.

According to the report, this is the company’s third representative office in Ukraine after facilities in Uman and Vinnytsia. The company purchased a ready-made warehouse for the branch, which it converted to suit the specifics of the business. The new unit includes offices, a warehouse, and its own vehicle fleet. Five brand stores have already begun operating in Bila Tserkva.

The branch will provide direct deliveries to retail outlets in the region from Uman to Kyiv, including the city of Bila Tserkva itself, satellite cities, and surrounding areas.

“Our goal is to provide consumers with a full range of products. The branch gives retail outlets the opportunity to work directly without intermediaries,” said Igor Kisel, CEO of Umanpivo.

Umanpivo LLC was founded in 1998 in Uman (Cherkasy region). The company specializes in the production of beer, malt, cider, and non-alcoholic beverages, as well as the cultivation of grain and spice crops. The manufacturer’s range includes more than 40 types of beverages, including classic beer and experimental craft varieties such as tomato beer and “Spicy Mango” flavored beer, as well as ciders and lemonades.

According to Opendatabot, the brewery incurred a net loss of UAH 16.5 million in 2024, with revenues of UAH 998.5 million. Its debt obligations amount to UAH 567.3 million, while its assets are estimated at UAH 858.8 million. Revenue growth to UAH 1.45 billion was forecast for 2025. The company’s authorized capital is UAH 300 million.

The beneficiaries of the company are Ihor Kysil (58%) and Maria Kysil (42%).

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Vasyl Khmelnytsky plans to establish training center in Bila Tserkva Industrial Park

As part of his business goals for 2026, Vasyl Khmelnytsky, founder of the UFuture holding company, plans to establish a training center in the Bila Tserkva Industrial Park, the entrepreneur wrote.

“At the beginning of the year, I always set my goals. I know that I will not fulfill the plan 100% because I cannot predict exactly what challenges 2026 will bring. But goals are necessary — they keep you focused,” Khmelnytsky wrote in a Facebook post.

Among the five business goals he has set are the launch of a school and an art alley at UNIT.City.

In addition, Khmelnytskyi intends to retain and develop his team and pay off at least $10 million in loans.

“Next, I will break these goals down into specific tasks and start taking action,” he said.

UFuture is Khmelnytskyi’s holding company, which brings together his commercial and social projects. It has a diversified portfolio of assets in real estate, infrastructure, industry, renewable energy, pharmaceuticals, and IT. UFuture’s assets are estimated at $500 million, and the total capitalization of the businesses in which the holding company has invested is up to $1 billion.

IP “Bila Tserkva” and “Bila Tserkva 2” were included in the Register of Industrial Parks in 2018.

There are 19 residents operating in the developed territory of the park, including Unilever, InTiCa Systems, Peikko, and Pripravka, which moved from Kharkiv in 2022, as well as the Nova Poshta logistics depot, the Volytsia-Agro grain storage and processing complex, the Plank Electrotechnic electrical fittings factory, and Virastar, a manufacturer of high-altitude equipment for construction work.

As reported, in the summer of 2025, IP “Bila Tserkva” signed an agreement with Gualapack Ukraine, a subsidiary of the Italian company Guala Pack, which manufactures packaging for the food industry, to build a complex of industrial buildings with a total area of about 10,000 square meters for the purpose of relocating the plant, which operated in Sumy and was partially restarted on leased premises in the Ternopil region. The planned investment is EUR12 million.

The UNIT.City innovation park, created in Kyiv on the site of a former motorcycle factory, brings together startups, IT companies, R&D centers, and educational spaces to develop an innovative ecosystem.

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Ukraine and Romania will open Bila Tserkva-Sighetu Marmatiei border crossing point by end of year

Ukraine and Romania plan to open the Bila Tserkva-Sighetu Marmatiei border crossing point by the end of this year – Sighetu Marmatiei“ border crossing point on temporary infrastructure for passenger cars while the ”full” infrastructure is being built, according to the Deputy Minister of Community and Territorial Development of Ukraine Serhiy Derkach following a meeting with the State Secretary of the Ministry of Transport and Infrastructure of Romania Ionel Scristea.

“The construction of the new Bila Tserkva-Sighetu Marmatiei checkpoint is a priority. The contract for the work has been signed. The construction itself will be divided into three stages. This is a large infrastructure project that requires time and resources,” Derkach said on his Facebook page.

Among other key agreements, he mentioned the synchronization of work at the largest checkpoint with Romania, Porubne-Siret, in order to simultaneously complete the development of lanes for trucks. This will double the throughput capacity, the deputy minister stressed.

According to him, the opening of local checkpoints, in particular one each in the Chernivtsi and Zakarpattia regions, was also discussed. It is noted that these checkpoints will be created for passenger cars and pedestrians.
Among the latest joint developments, Derkach recalled the possibility of large-capacity buses freely traveling through the Dyakovtsi-Rakovets checkpoint.

“The next step is to consolidate this decision without restrictions on an indefinite basis. Plus, add the possibility of crossing with empty trucks. Our Romanian colleagues are considering this possibility and will provide feedback,” the deputy minister said.

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Italian food packaging manufacturer invests EUR 12 million in construction of plant in Belaya Tserkov industrial park

Italian food packaging manufacturer GUALA PACK S.P.A is investing EUR12 million in the construction of a complex of industrial buildings with a total area of approximately 10,000 square meters in the Belaya Tserkov industrial park, according to Dmitry Kiselevsky, deputy chairman of the Verkhovna Rada Committee on Economic Development.

“The Bila Tserkva industrial park has just signed an agreement in Rome with Gualapack Ukraine, a subsidiary of the Italian company GUALA PACK S.P.A., for the construction of a complex of industrial buildings with a total area of about 10,000 square meters. The factory, which until recently operated in Sumy and was partially restarted on leased premises in the Ternopil region, will be relocated to the new premises,” he wrote on his Facebook page on Friday.

The plant manufactures packaging for the food industry. The company employs about 300 people with an average salary of 30,000 hryvnia.

According to Kysilevsky, the construction and connection of utilities will take about 12 months. All buildings will be built from scratch, taking into account the company’s infrastructure needs.

According to him, IP “Bila Tserkva” currently has 19 residents.

As reported, in April 2025, the Finnish company Peikko Group Corporation announced the commissioning of a plant for the production of concrete connections and composite structures at IP “Bila Tserkva.”

Other residents include Unilever, InTiCa Systems, Peikko, and Pripravka, which relocated from Kharkiv, as well as the Nova Poshta logistics depot, the Volytsia-Agro grain storage complex, the Plank Electrotechnic electrical fittings factory, and Virastar, a manufacturer of high-altitude equipment for construction work.

Belaya Tserkov and Belaya Tserkov 2 were included in the Register of Industrial Parks in 2018.

Gualapack Ukraine LLC has been operating in Ukraine since 2013 and is a leading manufacturer of flexible packaging for various types of production.

According to the company’s financial report on its website, in 2024, consolidated net profit decreased more than 10 times compared to the previous year, to UAH 13.05 million, with revenue growing by 3.6% to UAH 1 billion 145 million.

In May 2023, the company acquired 100% of Gualapack Poland (Poland) (until October 2023 – ALIKO-TRADING ЅроІка z ograniczoną odpowiedzialnością) with the aim of further expanding its trading activities in the Polish market.

 

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KYT Group opens its first branch in Bila Tserkva — company’s network now has 96 currency exchange points in 30 cities across Ukraine

KYT Group, one of the leaders in the currency exchange and financial services market in Ukraine, continues its strategic expansion of its network in regions with high economic activity.

On April 29, 2025, the company’s first branch opened in the city of Bila Tserkva, Kyiv region. Thus, KYT Group’s modern services now cover 30 cities in Ukraine, and the total number of exchange points in the network with national coverage has reached 96 branches.

The new currency exchange point of the KYT Group network is located at 1 Hryhoriya Kovbasyuka Street, Bila Tserkva, Kyiv region. It is conveniently located in the city center, close to popular shopping centers and supermarkets, allowing customers to easily combine a visit to a financial service with other daily activities.

The branch will be open every day from 9:00 a.m. to 6:00 p.m., offering the group’s high standards of service, favorable currency exchange rates, and a personalized approach to customer requests.

Detailed information about the work of this and other branches of the network and the terms and conditions of operations, as well as consultations, can be obtained from the KYT Group customer support center at 0 800 331957.

The opening of the branch in Bila Tserkva is another step in KYT Group’s strategy to strengthen its presence in key cities of Ukraine to meet the demand among Ukrainians for high-quality modern financial services.

The geographical expansion of KYT Group’s presence aims to provide Ukrainians with even broader access to services that meet the highest industry standards.

The new branch in Bila Tserkva has been designed in line with the brand’s updated identity. This is part of KYT Group’s large-scale rebranding, which emphasizes its position as an innovative leader in the non-bank financial services market. The branch in Bila Tserkva offers customers all the key advantages of a national leader in currency exchange:

Ø Online currency exchange rate fixing for 60 minutes via the official website, Telegram channel, or customer support service — a unique solution for the Ukrainian market that allows you to plan your exchange in advance on the most favorable terms, even in conditions of exchange rate volatility.

Ø Special conditions for wholesale currency exchange — convenient for customers with large transaction volumes who want to get the best deal.

During 2024–2025, the KYТ Group network is actively expanding. Its new branches have already been opened in Chernivtsi, Ivano-Frankivsk, Odesa, Kamyanske, Uman, Chernihiv, Kryvyi Rih, and now in Bila Tserkva.

KYT Group continues to invest in network expansion and service improvement, digital infrastructure, and customer experience, remaining a reliable partner for Ukrainians in the field of currency transactions.

ABOUT

KYT Group is an international multi-service FinTech company whose flagship business is currency exchange. KYT Group is one of the largest operators in this segment of the financial market. According to data from the National Bank of Ukraine, it ranks first in the industry rating in terms of taxes paid, capital size, and business success based on financial results. The KYT Group network of 96 exchange points covers 30 of Ukraine’s largest cities. The company’s activities comply with the regulatory requirements of the NBU.

The KYT Group’s long-standing efforts to achieve leadership positions, improve services, customer and IT infrastructure have been recognized by the prestigious Banker Awards 2024 in the category “Reliable Technology Partner for Exchange Transactions,” as well as the award “Financial Market Leader” among non-bank financial institutions according to “TOP-100. Ratings of the largest.”

 

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Vasyl Khmelnytsky: issue of returning citizens from abroad can only be resolved by creating competitive opportunities in Ukraine

The acute issue of returning citizens from abroad can only be solved by creating competitive opportunities in Ukraine, said Vasyl Khmelnytsky, Ukrainian entrepreneur, founder of UFuture holding, UNIT.City innovation park and Bila Tserkva industrial park, at the forum “Industrial Evolution: Production Turns on the Economy” forum held in Bila Tserkva on Thursday.

“People often ask what needs to be done to bring our people back from abroad. I see no other way but to create competitive opportunities in Ukraine – quality education, jobs, decent wages, living standards and services. An industrial park is just such a point of economic growth and a magnet for innovation, investment and talent,” Khmelnytsky emphasized.

Thanks to the support of industrial parks by the state and the local community, the country receives investments.

“Last year, we transferred UAH 18 million in taxes to the local budget from Bila Tserkva Industrial Park, this year (we expect) UAH 25 million, and next year – UAH 50 million. In 20 years, it will be more than a billion. And this is only the local level. Today we are laying the foundation for the future for decades to come,” he said.

He thanked for the important steps the government is taking to support industrial parks.

“The Ministry of Economy has made a powerful decision to compensate 50% of the costs of building communications when creating industrial parks. I am also grateful to the Kyiv Regional State Administration for its assistance in organizing the forum, as well as to the previous head of the administration – with his support we started working on the creation of our industrial park. And with the support of the local community, deputies and the head of the city council, we managed to implement the laying of roads and communications in the park,” the entrepreneur said.

As reported, the Finnish Peikko Group Corporation announced on Thursday the commissioning of an industrial building for the future plant for the production of concrete joints and composite structures in the Bila Tserkva Industrial Park, with planned investments of EUR 3 million.

“The Finnish company is not just investing, but also sharing knowledge and experience, training our people. English and German companies are also building their production facilities here. There are also Ukrainian enterprises from Kharkiv and Sumy, real heroes who have not gone abroad but continue to work in Ukraine,” Khmelnytsky emphasized.

He recalled how twenty years ago he was invited to a meeting with the Deputy Prime Minister as an entrepreneur to share his vision of how to ensure rapid economic growth. “I honestly answered that I didn’t know how to achieve growth in a few months. But I know what we need to do now to make Ukraine a strong economy in 15-20 years: develop industrial parks, production, and education. Back then, we were not ready for this. Today I see that we are moving in the right direction,” Khmelnytsky emphasized.

He noted that the trend toward industrial recovery is global, for example, the United States is considering investing $1 trillion in its own industrial parks to bring back production from China.

The Bila Tserkva Industrial Park (IP), a project of the UFuture holding company of entrepreneur Vasyl Khmelnytsky, envisages attracting 30 resident companies and $250 million in investments by 2030, creating up to 4,000 jobs.

Source: https://interfax.com.ua/news/economic/1067627.html

 

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