Business news from Ukraine

Business news from Ukraine

Ekipazh Window Company to Build Another Plant in Odessa

Ekipazh, a window manufacturer that currently ranks among the top three largest producers of PVC and aluminum windows and doors in Ukraine, plans to build a fourth plant in Odesa and increase its market share from 9–10% to 16% as part of its 2026–2031 development strategy, the company’s CEO and co-owner, Sergey Teplitsky, told the “Interfax-Ukraine” news agency.

“We have set ourselves an ambitious goal: to become the No. 1 manufacturer in Ukraine and confidently enter the European Union markets. We plan to achieve this through annual investments of 150 million UAH in production development and innovation—including our own tempering furnace and the production of tempered and triplex insulated glass units, seamless welding of laminated profiles, sliding systems, and new aluminum profile systems,” Teplitsky noted.

Currently, the company owns three plants: one in Zlatopol (Kharkiv Oblast) with an area of 21,000 square meters, one in Khmelnytskyi with an area of 42,000 square meters, and one in Brovary with an area of 9,000 square meters, as well as a separate facility for manufacturing double-pane windows. The total area of production facilities is 72,000 square meters. The main products are metal-plastic windows and doors, all-glass structures (tempered glass, triplex for interior partitioning and large facade glazing), as well as aluminum structures. Across its 21 production lines, the company is capable of manufacturing up to 4,000 units per day. By the end of 2025, 365,000 units had been manufactured, which is 4.3% more than in 2024.

Capital investments from 2013 to 2026 in low-value non-current tangible assets totaled approximately 27 million UAH, while investments in fixed assets amounted to 874 million UAH.

According to Teplitsky, all of the company’s profits are reinvested in development; given the security situation, a smaller portion of the funds is directed to the Kharkiv facilities, while the majority goes to Brovary and Khmelnytskyi. This involves not only new equipment but also, for example, energy independence. Specifically, solar power systems with a total capacity of about 1 MW have been installed on the roofs of the buildings, and the company plans to install an equal amount. The company also considered the possibility of installing a cogeneration plant—they prepared technical specifications, selected a plot of land, and assessed the conditions together with gas suppliers.

“If we decide to go ahead, we can install it in two to three months. The estimated investment is over $1 million, with a payback period of about six years,” Teplitsky said.

The strategy through 2031 calls for the construction of a fourth plant in the south of the country; the company is currently in the process of selecting a site. According to Teplitsky, the company is looking for sites in the Odesa region with an area of at least 5 hectares and a capacity of at least 1 MW of electricity; the future plant will be able to produce about 25,000 windows per month, with the potential for expansion. The estimated investment ranges from 600 to 700 million UAH, funded through a combination of the company’s own resources and loans. The company has had positive experience participating in the government’s “5-7-9” program and is basing its plans in part on that experience.

In recent years, overall window sales in Ukraine have declined significantly (from 5.2 million windows in 2021 to approximately 3.5 million last year), which is attributed to a decrease in the number of active real estate development projects. Despite this trend, the company reported a 28% increase in sales in 2026. This was achieved through investments in new technologies, a shift toward more affluent customers (middle-class and above), and the expansion of exports—measures that will help diversify risks and ensure stability and sustainability during wartime.

The company began its export operations in 2023, and by 2025, export revenue had reached approximately EUR2 million across more than 20 countries. Weekly shipments have already been established to four countries (Italy, Spain, the U.S., and Lithuania), and exports are also being made to Moldova, Poland, the Czech Republic, Slovakia, Hungary, Romania, Latvia, Estonia, Germany, the Netherlands, Austria, Switzerland, France, Slovenia, Croatia, and the UAE. The focus of export development over the next five years will be on EU countries. The company’s future plans include increasing the share of exports so that it exceeds domestic sales, developing its own brand, expanding production of tempered and laminated insulated glass units and sliding systems, and developing its aluminum division with new Procural profile systems and its own EKIPAZH AluLight line.

According to YouControl, Ekipazh PE was founded in 2000, with a registered capital of 101,251,145 UAH. At the end of the first quarter of 2026, net revenue from product sales amounted to 405,732,000 UAH, which is 3% more than during the same period last year, while net profit was 3,847,000 UAH (up 2%).

The ultimate beneficiaries are Sergey and Mikhail Teplitsky.

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