Business news from Ukraine

CARPATHIAN MINERAL WATERS TO INVEST EUR 20 MLN IN PRODUCTION

Carpathian Mineral Waters LLC (Kyiv, Karpatska Dzherelna trademark) plans to increase production volumes threefold by investing EUR 20 million in the construction of a new plant in Lviv region, the Lviv Regional State Administration has reported on its website. According to the administration, the company plans to create about 200 new jobs and increase the capacity of the new plant three times compared to the existing ones.In addition, the investor plans to restore the Sokol camp (Sasiv village, Lviv region) to improve the health of children of different social groups.In 2020, the company reduced its net profit by 56.5%, to UAH 14.02 million with revenue growth by 9.1%, to UAH 101.9 million.According to the unified public register of legal entities and sole proprietors, Carpathian Mineral Waters LLC with a charter capital of UAH 154 million belongs to Serhiy Ustenko (Kyiv region) through Dynalum Finance Ltd. (Cyprus).The production complex of Carpathian Mineral Waters LLC is located in Zolochevsk district of Lviv region, at the Strutynsky deposit of underground fresh water.The enterprise produces mineral water under the trademarks Karpatska Dzherelna and Dzhereltse, and also produces soft drinks under the trademarks Sokovynka, Frudji and Dragon.

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