Business news from Ukraine

Business news from Ukraine

AUSTRIAN HEAD GROUP RESUMES CONSTRUCTION OF PLANT IN UKRAINE

The Austrian company HEAD Group has resumed the construction of a plant in the industrial park (IP) “Winter Sport”, Deputy Mayor of Vinnytsia Andriy Ocheretny said.

“Today we visited a construction site. On the territory of the industrial park, builders resumed foundation work and are building a temporary reinforced concrete shelter for safety during air raids. They plan to complete the construction of foundations by the end of June this year,” Ocheretny wrote on Facebook on Tuesday.

He recalled that according to the project, the plant will include production and storage facilities, an administrative building, a sewing workshop. The production building will house workshops for the manufacture of skis, boots and bindings, as well as warehouses for raw materials and finished products.

As reported, at the beginning of this year, HEAD Group received permission from the State Inspectorate for Architecture and Urban Planning of Ukraine to begin construction of the Head Vinnitsa plant on the territory of Winter Sport.

The total area of industrial premises will be 43 thousand square meters. m.

The company plans to invest about EUR80 million in the creation of production, administrative and storage facilities. It is expected that the plant will be one of the largest plants of the company in the world and will provide jobs for more than 1,200 residents of Vinnitsa.

The total area of the industrial park “Winter Sport” is 25 hectares. The start of construction of the plant took place in May 2021.

Head International Holding GmbH manufactures sports equipment for winter sports, tennis and scuba diving. The company’s production facilities are located in Austria, Czech Republic, Bulgaria, China. The company is present in 85 countries around the world.

Ocheretny also reported on Facebook that eight enterprises from Mariupol have been moved to Vinnitsa so far.

“Forcedly displaced business from Mariupol. We already have eight such enterprises: Mariupol Investment Group, Ukrtransagro, UTA Logistic, Airiel, Maritime Logistic, Aitraks, Donbass Construction Alliance, First Fumigation Company,” the deputy mayor said.

According to him, the Vinnitsa City Council is currently working on finding premises to accommodate production facilities and provide IDPs with housing.

“We plan to use the possibilities of the Industrial Park as well – all conditions have been created there for the production and release of products with high added value, as well as the integration of production into clusters. In turn, this will lead to the development of smart specialization in the Vinnitsa region,” notes Ocheretny.

Mariupol Investment Group (UTA Group) today is a group of companies that provides the entire logistics cycle in the agricultural sector of Eastern Ukraine. According to the information on the website of the group, it includes, among other things, the Ukrtransagro company, a grain transshipment complex that provides services for transshipment, accumulation, storage and shipment to sea vessels, as well as forwarding and customs clearance of grain and oilseeds.

It also includes the companies UTA Logistics – (logistics of grain and oilseeds), Maritime Logistics (comprehensive services for the management of sea vessels).

The Aitrax company specializes in transport services, the First Fumigation Company specializes in the production and sale of pesticides and other chemical products, the Construction Alliance of Donbass LLC specializes in the wholesale trade of timber and building materials and sanitary equipment.