The company “Biosphere” used the state credit program “5-7-9” and in January 2024 will launch a new shop for tea production, about $20 million has been invested in this project, according to the press release of the Ministry of Economy following the visit of the First Vice Prime Minister of Ukraine – Minister of Economy Yulia Sviridenko.
It is specified that Sviridenko visited industrial enterprises of Dnipropetrovsk region to get acquainted with production, investment plans and check the effectiveness of state programs to stimulate the economy.
Biosphere Corporation has postponed the launch of the diaper production line with Italian equipment for a month, but plans to start the mass production of diapers in May, the corporation’s press service has told Interfax-Ukraine.
“Despite the quarantine and the impossibility of the Italians to visit our factory in Dnipro, our specialists remotely learned how to assemble, understood the process and assembled the equipment within a month. It will be launched a few weeks later than planned, but we are already preparing to launch it,” the press service said.
The corporation invested in Italian equipment for that line, the installation of which was postponed due to quarantine in Italy.
The Biosphere Corporation has been operating in Ukraine for over 20 years. Its products are presented in about 20 markets of Europe and Asia. The product portfolio includes more than 2,000 items.
