The development company Alterra Group, which is currently implementing the Formatsiya.Lviv industrial park project, intends to build a network of seven such parks, said Olena Podolska, head of the company’s international business unit.
“Lviv will be our first park, then we will go to Rivne, two will be in Kyiv, and then we will return to the western region – Ivano-Frankivsk, Vinnytsia, and Khmelnytsky,” she said during the Ukrainian Automotive and Mobility Forum 2024 in Lviv, organized by the Ukrainian Automotive and Mobility Cluster with the support of the USAID Competitive Economy of Ukraine Program.
Podolska noted that there are already several local manufacturers who plan to open 10,000 square meters of production facilities in the Formation.Lviv IP, including the USP sandwich panel manufacturer.
In addition, during the forum, the CEO and owner of Lois Motors LLC, which is implementing a project to create a light electric vehicle LUAZ and plans to scale it up, announced his interest in locating his production in the park.
“I plan to scale up the project and cooperate with the Formatsiya.Lviv industrial park to open either a car production facility for people with disabilities or the next stage of our production,” he said during the forum.
Alterra Group is building 150 square meters of production, warehouse and office space on 30 hectares of land in Formatsiya.Lviv (formerly Formatsiya.Syhnivka). It will include a prototyping laboratory, R&D center, business incubator, event space, offices, and showrooms.
According to the project presentation, the first phase of the park is scheduled to be commissioned in the first quarter of 2025.
Alterra Group LLC is a Ukrainian company specializing in the development and management of turnkey commercial real estate.
The company manages 35 facilities with a total area of 175 thousand square meters. These include warehouse and production complexes, business centers, shopping and entertainment centers.
The company’s completed commercial real estate projects in Ukraine include the PORT logistics center, PROSTIR business hub (both in Lviv), Palo Alto business center (Kyiv), and Joule and JAM warehouse complexes in Kyiv region.
A new industrial park, Integral, will be set up in Vinnytsia on the territory of a former lamp factory, the city’s mayor, Sergey Morgunov, said on Facebook.
“Today we launched the creation of the fifth industrial park in Vinnytsia. Invest Holding Company LLC plans to invest UAH 1 billion in its construction. Subsequently, about 930 people will be employed here,” Morgunov wrote on Thursday evening.
He emphasized that attracting investment and opening new production facilities during the war is critical for the life of the community.
According to opendatabot, Invest Holding Company LLC was registered in 2022, with the main activity being the provision of commercial services and leasing of property. The ultimate beneficiary of the company is Vinnytsia businessman Taras Kovalchuk. In 2023, the company’s revenue amounted to UAH 5 million, and the loss was UAH 0.26 million.
Kovalchuk owns Zodchiy LLC, a Vinnytsia-based company specializing in the sale of wood and building materials (he owns 87.8% of Invest Holding Company LLC). The company’s net income in 2023 amounted to almost UAH 566 million.
There are currently four IPs in Vinnytsia: Vinnytsia Cluster of Refrigeration Engineering, WinterSport, Volia Agri-Food Park Vinnytsia, and VinIndustri, which has four residents and has received UAH 79 million in state support under the IP support program. Volia Agri-Food Park Vinnytsia, which is invested by Borys Shestopalov, co-owner of foodtech companies HD Gtroup and GFS, also received about UAH 116 million in state support.
The Cabinet of Ministers of Ukraine has included the Kit Park in Bucha, Kyiv region, in the register of industrial parks, said Ruslan Kravchenko, head of the Kyiv regional administration.
“Currently, 13 such parks have already been registered in the region,” Kravchenko wrote on Facebook on Friday.
According to him, Kyiv region is actively working on the creation of industrial parks. “This is an initiative that has the potential not only to improve the business climate, but also to significantly improve the quality of life of people. Despite the war, Kyiv region is creating all the opportunities to attract investment, which stimulates the creation of new jobs and conditions for economic development,” the head of the regional administration wrote.
He said that the Kit Industrial Park in Bucha will specialize in the processing industry. “It will produce plastic construction products, metal doors and windows. It is planned to raise over UAH 1.75 billion for the construction. These are personal and credit funds,” said Kravchenko.
The Cabinet of Ministers of Ukraine has included in the Register of Industrial Parks (IP) industrial park “Ma’Rizhany” in Zhytomyr region and “Dobrosin Invest Park” in Lviv region, in which about 1250 jobs will be created in total, the Ministry of Economy reported.
The corresponding decision was made by the Ukrainian government at a meeting on Friday.
IE Ma’Rizhany will operate on the territory of Khoroshevska territorial community in Zhytomyr region. The area of 30.2 hectares will accommodate enterprises of processing industry: production of textiles, nonwovens and construction materials, as well as scientific and technical activities.
The concept of the park assumes the creation of 750 jobs and investments of about UAH 2 billion.
As reported, IP “Ma’Rizhany” will be the first in Europe park for primary processing of bast crops, particularly industrial hemp and flax. As of February this year, 7 thousand square meters of production and 12 thousand square meters of warehouses were ready for operation, 180 thousand square meters were prepared for construction.
The second phase of the project construction provides for the expansion of production facilities twice – up to 14 thousand square meters and warehouses three times – up to 36 thousand square meters. m.
In April 2023, Michel Tereschenko, ex-mayor of Glukhov, informed about the beginning of production in Western Europe of special agro-equipment and production line for the project “Ma’Rizhany”. Negotiations were also held with farmers of Zhytomyr region to prepare for sowing and harvesting 850 hectares of industrial hemp.
IE “Dobrosin Invest Park” is located in the village of Dobrosin. On the area of 14.6 hectares will operate light industry enterprises, manufacturers of plastic and metal products, food products, woodworking and other activities.
According to the Ministry, the concept of the park provides for the creation of up to 500 jobs and attraction of UAH 1.6 billion of investments.
According to the concept of the park, the initiator of its creation was Dobrosyn-Mageriv village council.
Thus, 88 parks have been included in the Register of industrial (industrial) parks, including 20 in 2024.
As reported, the state budget provides UAH 1 billion to stimulate the creation of infrastructure of IP.
Three Ukrainian state-owned banks – Ukreximbank, Ukrgasbank and Oschadbank – joined the implementation of this program.
Twelve industrial parks have already been registered in Kyiv region, the region has one of the largest networks of such parks across Ukraine, OBA chief Ruslan Kravchenko said.
“Despite the war, the Kiev region is creating better conditions for companies to continue investing in the region’s economy. This week we opened offices of two large well-known companies and registered an industrial park,” the OBA quoted Kravchenko as saying.
Green Industrial Park will appear in Vyshgorod district. It will create about 3 thousand jobs. The amount of investments is almost 6 billion hryvnias. On its territory will be created enterprises that will produce building structures, metal products, food products.
Turkish manufacturer of generators and compressors Dalgakiran has opened an office and working facilities in Buchanskiy rayon. The amount of investments is almost UAH 400 mln. 50 jobs were created.
Alfatech company opened an office in Fastivskyi district. It specializes in sales and service of construction, road and industrial machinery. 40 jobs were created here.
The Cabinet of Ministers of Ukraine has approved the creation of two new industrial parks (IP) – “Dnister” on the territory of Yampol city territorial community of Mogilev-Podolsky district of Vinnytsia region and “Galicia” on the territory of Kalush in Ivano-Frankivsk region.
According to the Ministry of Economy, total investments in the two industrial parks for the next three years should amount to more than UAH 1.5 billion.
Prime Minister of Ukraine Denis Shmygal at a government meeting on March 29 announced the inclusion of the two new parks in the Register of industrial (industrial) parks, and the creation of the State Office for the development of industrial parks.
According to the Ministry of Economy, the concept of IP “Dnister” assumes the creation of 265 jobs in the processing industry on an area of 17.2 hectares.
“It is assumed that the park will specialize in the production of paper and paper products, processing of plant products and other activities compatible with those listed,” the report explains.
In turn, IP “Galicia” will be located on an area of 19.8 hectares and will provide the creation of up to 1000 jobs.
The main directions of activity are determined by the manufacture of construction materials.
On the territory of the park will be created production of building materials from clay, production of cement, lime and gypsum mixtures, as well as manufacturing of products from concrete, gypsum and cement.
According to the Ministry of Economy, the investors plan to start production of machinery and equipment, introduce processing of industrial and household waste, engage in scientific and technical activities, as well as create enterprises that will work with alternative energy and energy conservation.
As reported, the state budget-2024 for the first time provided for the allocation of 1 billion UAH for the development of infrastructure of industrial parks.
CABINET OF MINISTERS, Galicia, INDUSTRIAL PARK, UKRAINE, Дністер
