The Ukrainian Business Award is an independent award that recognizes the best companies in Ukraine for their contribution to the economy and society. The winners are selected based on objective data and expert opinions.
The award is a confirmation of Rauta’s leadership in the construction market and its contribution to the development of the Ukrainian economy, as the company continues to operate steadily, introduce new technologies and actively participate in the restoration of destroyed buildings during the full-scale invasion. Since 2022, the company has participated in the reconstruction of the Retroville shopping center, two supermarkets and the Novus logistics terminal, Forum Park Plaza in Kyiv, Pinocchio kindergarten in Bucha, and a truck service station in Odesa.
A.V. Export Import LLC (Chortkiv, Ternopil region), whose main specialization is currently the production of oil and animal fats, has begun construction of a vegetable oil refinery in the Chortkiv-West industrial park, according to Chortkiv Mayor Volodymyr Shmatko.
“Finally, construction has begun on the first industrial enterprise in our Chortkiv-West industrial park. Six years of work by the team, COVID, a major war, but investors chose Chortkiv! Thank you to the team for such a wonderful result,” he wrote on Facebook on Tuesday.
According to the materials attached to the post, A.V. Export Import plans to build a sunflower oil refining and deodorization plant with a capacity of 50 tons per day in the first stage in 2025, employing 39 people.
The second stage in 2026 involves the construction of an oil bottling plant with a capacity of 54,000 bottles per day and the employment of 38 workers, and the third stage in 2028 involves the construction of a sunflower seed reception and processing plant with a capacity of 150 tons of seeds per day, employing 56 workers.
IP “Chortkiv-West,” registered in October 2019, was established on a land plot of 87.7 hectares, with a declared term of operation of 30 years.
In the summer of the same year, Shmatko presented the concept of the park and announced the readiness of an investor (whom he did not name) to create an agricultural processing enterprise there, investing about $700 million.
According to the Chortkiv City Council, in November 2024, a memorandum was signed between the city council, the managing company IP “Chortkiv West” – KP “Local Economic Development Agency” and “A.V. Export Import,” which was the first step towards the construction of the enterprise.
A.V. Export Import LLC was established in 2017, and according to opendatabot, in October 2024, it changed its main activity from wholesale trade in food products to the production of oil and animal fats. The authorized capital is UAH 20,000.
Currently, the company is owned by Bulgarian citizen Daria Lupashko-Gurevich (50%), residents Andriy Snizhko (25%), and company director Valery Yureskul (25%).
In 2024, the company increased its net income by 4.7 times compared to 2023, to UAH 256.5 million, with a net profit of UAH 4.55 million (UAH 0.58 million), and in the first half of this year, income exceeded UAH 204 million, with a net profit of UAH 5 million.
A.V. Export Import, Chortkiv-West, CONSTRUCTION, FACTORY, oil refining
The long-awaited revival in the construction of vegetable storage facilities has begun in Ukraine, with small and medium-sized facilities prevailing, Andriy Marushchak, Commercial Director of Van Dyke Techs, told SEEDS in an interview. According to him, this format allows farms to quickly meet local needs, but “storage is not everything”: without parallel development of processing, the effect will be limited.
According to the expert, construction is currently most active in Lviv, Khmelnytsky, Vinnytsia, Cherkasy, Odesa, Dnipro, and Chernihiv regions. The farmers’ decision was influenced by the high cost of logistics: “It is no longer as profitable to transport onions 400-800 km as it is to grow and store them closer to the market,” Marushchak said.
The most promising areas for a quick launch are French fries, dried mashed potatoes, peeled/ready-made potatoes; for onions, peeling, freezing and drying. In countries where processing is already in operation, farmers have gradually scaled up storage facilities from 3 to 30 thousand tons or more; it is logical for the Ukrainian market to follow the same trajectory, the expert emphasizes.
Vegetable consumption in Ukraine is less than 30% of WHO recommendations (≈150-200 g per day versus 600 g), which restrains demand beyond the “borscht set”. In a typical consumption structure, the share of potatoes is 50-60%, cabbage – ~10%, carrots – ~5%, and beets – “very little,” Marushchak said.
For the stable operation of storage and processing plants, it is important for farmers to form commodity lots and fulfill long-term contracts through professionally managed cooperatives, a model that has been successfully operating in the EU, the expert emphasizes.
https://www.seeds.org.ua/ovochesxovishh-v-ukraini-stane-bilshe-fermeri-pochali-aktivne-budivnictvo/
Food Technologies of Transcarpathia LLC will invest more than UAH 43 million in the construction of a modern sports complex in the village of Bolshiye Komyaty (Vinogradivka community) in Transcarpathian region, head of the regional military administration Volodymyr Mikita said in Telegram. He noted that the project provides for the construction of a soccer field, stands, special premises and running tracks for athletics. The concept is based on the need to create conditions for sports activities for children who study and live in the local community, as well as neighboring communities. The initiative will reach more than a thousand children of different age groups.
“This is the first such project in these territories, which is being implemented since the independence of Ukraine. The investment of the enterprise LLC “Food Technologies of Transcarpathia” in the construction is more than 43 million UAH. The Hromada has allocated the territory for the creation of infrastructure and will ensure the functioning of the Children’s and Youth Sports School with the appropriate staff of coaches”, – wrote the head of ZOVA.
LLC “Food Technologies of Transcarpathia” was founded in 2010 in Beregovo, Transcarpathian region. It specializes in the production of ready-made pet food, which it sells under the TM “Pan Dog-Pan Cat”, “Miss Kis – Mister Gaff”, “Carpatian Pet Food”. The beneficiary of the enterprise is businessman Andriy Hrypta, who is also the owner of Ecogreenpark LLC, RES Zakarpattya LLC, Residents Avenue Mall LLC, Trans Logistic Zakarpattya LLC.
Egypt has signed an agreement with China’s Sailun Group to build a car tire plant in the Suez Canal Economic Zone (SCEZ) with a total investment of $1 billion, according to a cabinet statement. The construction of the plant will take three years. The first phase is scheduled for completion in 2026.
The plant will eventually produce 10 million tires a year, Reuters quoted the government as saying.
The EZSC is a complex of six ports and four industrial zones located along or near a strategic waterway. The Egyptian government has granted the zone special legal and tax incentives. Meanwhile, the country is investing heavily in infrastructure to attract investors to the EZSC.
Masdar (UAE) has begun construction of Azerbaijan’s largest solar power plant with a capacity of 445 MW.
“As part of the project implemented by Masdar, the installation of the first solar panel support for the Bilasuvar solar power plant and construction work in general began on August 12,” according to a statement on the official social media page of the Bilasuvar district administration (in the south of the country). An area of 1,454 hectares has been allocated for the construction of the plant.
“The Bilasuvar solar power plant will make an important contribution to increasing renewable energy production in the country, increasing the share of clean energy in the energy balance, and developing a green energy policy,” the statement said.
As reported, the groundbreaking ceremony for the 445 MW Bilasuvar and 315 MW Neftchala solar power plants took place during Baku Energy Week in June 2024. Both plants are scheduled to be commissioned in 2027.
Once completed, the two solar power plants are expected to generate around 1.7 billion kWh of electricity per year. Their launch will also reduce carbon dioxide emissions by approximately 830 million tons per year and lead to annual savings of 380 million cubic meters of natural gas. The total cost of the solar power plants is estimated at $670 million. These projects are being implemented by Masdar in cooperation with SOCAR Green (a subsidiary of the State Oil Company of Azerbaijan, SOCAR). SOCAR Green’s share in each of the projects is 25%. The Bilasuvar plant will generate 897 million kWh of electricity per year, supplying power to 179,000 consumers (homes) and saving 193 million cubic meters of gas annually.
