The Vitagro group of companies plans to begin the first phase of construction work on the new ABC Hub industrial park in the Khmelnytskyi region in the second half of 2025, with production lines expected to be launched by the end of 2028, according to a press release from Vitagro.
According to the group’s press release, the 11-hectare IP will house enterprises for the processing of agricultural raw materials, food production, packaging, as well as warehousing complexes, research centers, laboratories, logistics infrastructure, and commercial facilities.
As reported, the Ukrainian government registered the ABC Hub industrial park at a meeting on Wednesday, and the initiative to create the park came from the private manufacturing and commercial enterprise Budzalizobeton, which is part of the Vitagro group of companies.
The group reports that the total investment in the project is estimated at UAH 1.65 billion.
“At the first stage, the Vitagro group will invest UAH 127 million of its own funds in preparatory and land works, design, connection to networks, and infrastructure preparation of the territory. In the future, Vitagro plans to invest about $35 million in ABC Hub,” the press release says.
As reported, the initiator or managing company of the IP may receive up to UAH 150 million in co-financing from the state for the construction of engineering and transport infrastructure.
According to project estimates, at least 350 new jobs will be created at the park, about 300 of which will be production personnel and the rest administrative.
“Salaries are planned to be 30-45% higher than the regional average,” the press release states.
The group expects a significant economic effect – ABC Hub’s gross domestic product will range from UAH 6.9 billion in 2027 to UAH 13.7 billion in 2033.
“Thanks to this, more than UAH 13 million will be transferred to local budgets each year in the form of personal income tax, a single social contribution, and a military levy,” the group’s press service said.
Founded in 1998, the Vitagro group of companies is one of the largest industrial groups in Ukraine with assets in the agricultural, energy, processing, construction, and chemical industries. It owns enterprises in the Khmelnytskyi, Rivne, Volyn, Ivano-Frankivsk, and Kyiv regions. It cultivates about 90,000 hectares of land and is also engaged in livestock breeding, horticulture, renewable energy, fertilizer and feed production, construction, and the production of building materials.
During the full-scale invasion, the group built and launched five processing plants. Vitagro’s head office is located in Khmelnytskyi.
According to the Unified State Register of Legal Entities and Individual Entrepreneurs, the ultimate beneficiary of the investment company Vitagro is People’s Deputy Serhiy Labazuk (parliamentary faction “For the Future”).
The development company Alterra Group will build the Formation.Vinnytsia industrial park (IP) based on the Quadruple Helix model, with total investment in the project estimated at UAH 6 billion, the company’s press service told Interfax-Ukraine.
“The Formation.Vinnytsia industrial park is the second project in our Formation series of parks. The first one, which we are implementing in Lviv, has already proven the effectiveness of our model — a full-fledged ecosystem for manufacturers with the integration of the Quadruple Helix Model,” said Alterra Group CEO Dmytro Kovalchuk during the project presentation in Vinnytsia.
As reported, in early 2025, investor Boris Shestopalov of Volia Agri-food Park Vinnytsia (Vinnytsia Industrial Park) brought commercial real estate developer Alterra Group on board as a strategic partner for the construction of the industrial park. According to the OpenDataBot service, Yuparks LLC sold 75% of the authorized capital of Alterra Group LLC.
UPARKS began construction of the industrial park in August 2023. The Volia Agri-Food Park Vinnytsia project received approximately UAH 116 million in state support in 2024.
According to Alterra Group, as of May 2025, roads and sewage systems have already been connected to the industrial park, and a wide highway is currently being laid there. The total investment in the project, which is scheduled for completion by 2029, is estimated at UAH 6 billion.
The area of “Formation.Vinnytsia” will cover 175,000 square meters, where about 50 companies can be located. The Quadruple Helix model provides for cooperation between education, business, government, and society to create innovations. According to this concept, there are plans to create an innovation and technology development center, which will include a prototyping laboratory with professional equipment for creating prototypes, an R&D center for developing new products, and a business incubator for manufacturing startups. The IP is expected to create about 3,500 jobs, and cooperation with universities will allow educational programs to be adapted to the real needs of business.
“We are particularly interested in the development of food processing, the automotive engineering and components sector, and related areas. At the same time, we are open to other industries if their activities fit harmoniously into the overall ecosystem of the park and contribute to mutually beneficial coexistence,” Alterra Group said.
Another feature of the project is that the management company will help residents to export their products thanks to its membership in European chambers of commerce and industry, promising preferential terms for participation in international exhibitions and communication with potential foreign partners. As specified to Interfax-Ukraine, this service will be available to park residents by the end of this year.
The future infrastructure of the ID includes facilities aimed not only at residents but also at the community as a whole. An apart-hotel, a canteen, a gym, a supermarket, a sports ground, a customer center, and a shelter are planned.
Alterra Group LLC was established in 2016 with a statutory fund of UAH 5 million. The ultimate beneficiary is Dmytro Kovalchuk. The company’s portfolio includes nine projects, of which 107,868 square meters have already been commissioned, and 108,900 square meters will be ready in 2025. According to OpenDataBot, in 2024, the company received UAH 236,969,700 in revenue, which is twice as much as in 2023, and reduced its net loss by 1.7 times to UAH 699,300.
The acute issue of returning citizens from abroad can only be solved by creating competitive opportunities in Ukraine, said Vasyl Khmelnytsky, Ukrainian entrepreneur, founder of UFuture holding, UNIT.City innovation park and Bila Tserkva industrial park, at the forum “Industrial Evolution: Production Turns on the Economy” forum held in Bila Tserkva on Thursday.
“People often ask what needs to be done to bring our people back from abroad. I see no other way but to create competitive opportunities in Ukraine – quality education, jobs, decent wages, living standards and services. An industrial park is just such a point of economic growth and a magnet for innovation, investment and talent,” Khmelnytsky emphasized.
Thanks to the support of industrial parks by the state and the local community, the country receives investments.
“Last year, we transferred UAH 18 million in taxes to the local budget from Bila Tserkva Industrial Park, this year (we expect) UAH 25 million, and next year – UAH 50 million. In 20 years, it will be more than a billion. And this is only the local level. Today we are laying the foundation for the future for decades to come,” he said.
He thanked for the important steps the government is taking to support industrial parks.
“The Ministry of Economy has made a powerful decision to compensate 50% of the costs of building communications when creating industrial parks. I am also grateful to the Kyiv Regional State Administration for its assistance in organizing the forum, as well as to the previous head of the administration – with his support we started working on the creation of our industrial park. And with the support of the local community, deputies and the head of the city council, we managed to implement the laying of roads and communications in the park,” the entrepreneur said.
As reported, the Finnish Peikko Group Corporation announced on Thursday the commissioning of an industrial building for the future plant for the production of concrete joints and composite structures in the Bila Tserkva Industrial Park, with planned investments of EUR 3 million.
“The Finnish company is not just investing, but also sharing knowledge and experience, training our people. English and German companies are also building their production facilities here. There are also Ukrainian enterprises from Kharkiv and Sumy, real heroes who have not gone abroad but continue to work in Ukraine,” Khmelnytsky emphasized.
He recalled how twenty years ago he was invited to a meeting with the Deputy Prime Minister as an entrepreneur to share his vision of how to ensure rapid economic growth. “I honestly answered that I didn’t know how to achieve growth in a few months. But I know what we need to do now to make Ukraine a strong economy in 15-20 years: develop industrial parks, production, and education. Back then, we were not ready for this. Today I see that we are moving in the right direction,” Khmelnytsky emphasized.
He noted that the trend toward industrial recovery is global, for example, the United States is considering investing $1 trillion in its own industrial parks to bring back production from China.
The Bila Tserkva Industrial Park (IP), a project of the UFuture holding company of entrepreneur Vasyl Khmelnytsky, envisages attracting 30 resident companies and $250 million in investments by 2030, creating up to 4,000 jobs.
Source: https://interfax.com.ua/news/economic/1067627.html
Finland’s Peikko Group Corporation has announced the commissioning of an industrial building for a future plant for the production of concrete joints and composite structures in Bila Tserkva Industrial Park, with planned investments of EUR3 million, according to Dmytro Kysylevskyi, deputy chairman of the parliamentary committee on economic development.
“The import of equipment will continue through May, after which the plant will start producing products for the needs of the construction industry,” he wrote on his Facebook page.
The MP clarified that Peikko Group will take advantage of tax and customs incentives for participants in the IP. In particular, the legislation provides for the possibility of exemption from VAT and import duties on equipment imports. The company will create about 50 jobs.
Peikko Group has production facilities in 12 countries. Since 2023, the company has been represented in Ukraine by its subsidiary Peikko Ukraine, which participates in infrastructure rehabilitation projects. Peikko’s annual turnover in 2023 amounted to EUR262 million.
As reported, last summer Peikko Group entered into an agreement with Bila Tserkva for the construction of a turnkey plant for the production of concrete joints and composite structures with an area of 2400 square meters. Bila Tserkva and Bila Tserkva-2, with an area of over 24 hectares and over 34 hectares, respectively, are projects of the UFuture holding company owned by entrepreneur Vasyl Khmelnytsky.
The Belaya Tserkov Industrial Park (IP) , a project of the holding company UFuture owned by entrepreneur Vasily Khmelnitsky, does not plan to revise its strategic development plan, which envisages attracting 30 resident companies and $250 million in investments by 2030, as well as creating up to 4,000 jobs, according to IP Belaya Tserkov CEO Andrey Ropitsky.
“If there are no ‘black swans’, then, in principle, everything is going according to plan, and we do not plan to revise our strategy,” he told Interfax-Ukraine on the sidelines of ‘Industrial Evolution: Manufacturing Drives the Economy’ at IP ‘Bila Tserkva’ on Thursday.
According to him, in addition to the Finnish Peikko plant, the commissioning of an industrial building for a future plant for the production of concrete joints and composite structures was announced on Thursday, and a plant of one of the world’s largest manufacturers of everyday goods, Unilever, is also under construction.
“Three more companies have purchased land from us this year and are already requesting the construction of networks. We are talking to them about commercial terms and conditions and support the construction of their plants. Therefore, Unilever is currently under construction, and the second phase of the Virastar plant (a manufacturer of high-altitude equipment for construction work – IF-U) is also under construction. So two are under construction, two have been commissioned, and three more are on the way,” he said.
Ropitsky did not specify which investors would be attracted to the park, citing commercial secrecy, but added that it is now easier to attract investors because the park already has ”something to show them.”
“At first it’s difficult because there’s nothing to show and no one trusts you. But when someone has considered the possibility and then I tell them that the plot or building is no longer available, they are ready to buy in the second phase. So it’s much easier to sell now,” Ropitsky said.
During the forum, he clarified that of the two parks (Bila Tserkva and Bila Tserkva 2), the first is already almost full (36 hectares) — all plots have been sold, and the buildings have been constructed, sold, or leased.
“This means that we only have 12 hectares left to develop, which are either already under construction, have been postponed by clients, or will be built by us or our clients. In principle, we will do this within the next two to three years. We have already started organizing the second park,” said the CEO of IP ”Bila Tserkva.”
According to him, IP “Bila Tserkva 2,” with an area of 34.7 hectares, has already received state co-financing for external networks and signed contracts with contractors.
“We are supplying 15 MW of electricity, water, and sewage to the site, and gas is right there across the road. Therefore, in a year, all networks will be in place, just like in the first park,” Ropitsky noted.
He emphasized that in order to attract small and medium-sized businesses to the park, small buildings of up to 2-3 thousand square meters are being built, ”which can be divided into lots and rented out to customers by the thousand square meters.”
Among the problems for the development of industrial parks, he mentioned, in particular, the lack of labor, the absence of materials necessary for construction on the local market, as well as high interest rates on loans.
“We have now launched a vocational training project, a center that will quickly train people who are needed by our clients. And we have already started designing such a building on a neighboring site,” he said.
IP ‘Bila Tserkva’ and ‘Bila Tserkva 2’ were included in the Register of Industrial Parks in 2018.
The developed territory of IP “Bila Tserkva” has attracted 15 residents, including Unilever, InTiCa Systems, Peikko, and Pripravka, which relocated from Kharkiv in 2022, as well as the logistics depot “Nova Poshta,” the grain storage complex “Volytsia-Agro,” the Plank Electrotechnic electrical fittings factory, and Virastar, a manufacturer of high-altitude equipment for construction work.
The Bio-Lan Industrial Park, which is being built in Ternopil region, will help increase grain processing capacity and stimulate the development of alternative energy sources in the region, said Vyacheslav Nehoda, head of the Ternopil Regional Military Administration.
According to the Ternopil Regional Military Administration’s Facebook post, the functional purpose of the Bio-Lan industrial park is the processing industry – bioethanol and biogas production. The planned real estate objects include office, retail, industrial and warehouse premises; engineering buildings.
“The construction of the main engineering and transport infrastructure of the industrial park (access roads and railways, water supply and sewage networks and facilities, gas supply), an elevator complex and warehouse buildings with an oil transfer station, reconstruction of the administrative building, as well as the construction of the main facilities for bioethanol production and biogas production are currently underway,” the UBA said.
The industrial park is expected to create more than 200 jobs, attract EUR110 million in investments, and provide UAH 7 million in local budget revenues annually.
Four industrial parks are currently registered in Ternopil region. Three more will be established by the end of the year.
