Business news from Ukraine

Business news from Ukraine

UKRAINIAN MANUFACTURER OF WATER FILTERS ECOSOFT JOINS EUROPEAN GROUP BWT

The Ukrainian manufacturer of water filters Ecosoft (Irpen, Kyiv region) will join the Best Water Technology (BWT), a leading group on the European water treatment market, the press service of Ecosoft reported on Wednesday.
According to the press service of the Antimonopoly Committee of Ukraine, on December 10, the committee granted permission to BWT Aktiengesellschaft (Austria) to acquire a controlling stake in Ecosoft Holding.
Ecosoft is a manufacturer and distributor of water treatment equipment for domestic and industrial use with production sites in Ukraine and Germany and a wide international presence.
BWT Aktiengesellschaft is the holding company of Best Water Technology, the leading European group in the field of water technology with a turnover of about EUR 670 million in 2017 and 3,600 employees. It offers solutions for drinking water, water for pharmaceuticals and industrial processes, heating and cooling systems, air conditioning and swimming pools.
In Ukraine, Ecosoft was founded in 1991. Since 2012, it has been actively supported by the European Bank for Reconstruction and Development (EBRD) through consulting and financing programs.

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