The Bila Tserkva Industrial Park, a project of the UFuture Holding owned by businessman Vasyl Khmelnytsky, according to the approved development plan, intends to raise $250 million of investment and create more than 30 new enterprises by 2026, the company has said in a press release.
“According to our estimates, by 2026 [in the territory of two industrial parks Bila Tserkva 1 and Bila Tserkva 2] should be created more than 4,000 jobs, built 235,000 sq. m of industrial real estate, including production and logistics facilities on the territory of two industrial parks. The total investments volume should reach $250 million,” the company’s press service said, citing Director of the industrial park Volodymyr Khmurych.
The investments will be routed to construction of new commercial buildings, purchase of new production and logistics equipment, outfit of existing facilities, business processes automatization and certification, R&D, as wells as energy-saving projects and IT projects.
Among other things, Khmurych said that o manufacture of high value-added products and their components qualified specialists are needed.
“There are more than dozen educational institutions, including eight technical and vocational schools, and five higher education institutions and their branches in Bila Tserkva. We cooperate with all of them and believe that skilled labor market proximity is one of the competitive advantages of the industrial parks,” Head of Business Development of Industrial Park Management LLC (IPM) Andriy Ropitsky said.
The company said in the press release that the IPM has won bid for management company of Bila Tserkva 1 and Bila Tserkva 2 Industrial Parks. On May 06, 2020, the cooperation agreements were signed between the management company and industrial parks.
According to the terms of the contracts, the managing company ensures implementation of the development strategies and business plans of the industrial parks, attracts residents, carries out marketing programs, obtains permissions and approvals from state and local authorities related to industrial park and residents utilities and facilities design and construction.
“Many large manufacturing companies are facing supply chain shocks and production disruptions. In a search for a better balance between globalization and the necessary degree of independence, these companies will be choosing localization of production at the national or regional levels. We can offer best conditions for the localization of production in our industrial parks. The management company will help the industrial park in attracting foreign companies to the parks,” Khmurych said.
The total area of Bila Tserkva industrial park is more than 70 hectares. According to the company’s press service, at the beginning of 2020, six companies were residents of the industrial park. The first project was Plank Electrotechnic LLC electrical accessories factory.
Industrial Park Management LLC was founded in 2016, specializing in industrial real estate. During the years of operations 19.4 ha of land was sold and passed on for construction, while about 16,400 square meters of industrial and warehouse real estate is commissioned and under construction. Electric, gas, and water supply of the large infrastructure facilities in Kyiv and Kyiv region was completed.
The Bila Tserkva Industrial Park (a project of the UFuture) begins the construction of a new logistic automated depot for courier delivery of goods to the company Nova Poshta in Bila Tserkva. According to the project — the total area of the premises will be more than 3900 square meters, and the cost of the object will exceed $5 million.
“I`m proud that Nova Poshta, known to every Ukrainian, has chosen our Bila Tserkva Industrial Park for scaling. In fact, today industrial parks are not only a profitable location for creating innovative production, but also an investment nanny for a domestic producer and investor. We help with the connection to communications, provide all the necessary infrastructure. I`m sure that the case of this national giant will be the impetus for the further development of the format of industrial parks in Ukraine as a whole,” Vasyl Khmelnytsky, founder of UFuture, said.
The investment project provides for the creation of an innovative terminal, which will include a customer service department, office and social facilities, and attached infrastructure. The two-story building of the logistic depot will have autonomous heating, a centralized ventilation system and air conditioning. Commissioning will take place in autumn 2020.
“We will open branches and an automated logistic depot to ensure fast and high-quality delivery for our customers from Bila Tserkva and another 80 settlements of the region. Depot capacity — 2.8 thousand parcels per hour, up to 50 people will work at the facility,” Volodymyr Popereshnyuk, co-owner of Nova Poshta, said.
The choice in favor of the Industrial Park became possible because of its advantageous location, ready-to-use utilities and turnkey construction in accordance with the international standards of energy efficiency, fire resistance and environmental friendliness. The construction of a new warehouse terminal allows the postal operator to create convenient logistics and quickly deliver goods to Kyiv and the region.
The purpose of the Bila Tserkva Industrial Park is the development of modern industrial production in Ukraine. The park offers industrial land with all engineering infrastructure and ready-made modern production, logistics and storage facilities for rent or purchase. Knowledge and extensive experience in real estate development allow the park team to provide the client with a range of services and services for organizing efficient production.
The total area of the Bila Tserkva Industrial Park is more than 70 hectares. The key difference is in its focus on creating ecosystems and clusters (production, logistics and others). The value of this approach for the client is to establish supply chains, reduce production costs and availability of raw materials. As of the beginning of 2020, six companies are residents of the industrial park. The industrial park belongs to UFuture projects.
UFuture is a holding company of Ukrainian entrepreneur Vasyl Khmelnytsky that integrates his business and impact-investment projects. The company has a diversified portfolio of assets in the fields of real estate, infrastructure, industry, renewable energy, pharmaceuticals, and IT. Currently, UFuture’s assets are estimated at $550 million, and the total capitalization of the businesses it invested in is more than $1 billion.
UFuture’s mission is to secure global connectivity of Ukraine by including the country’s economy and talent into international value chains where the economy and human capital of the state will play an important role.
Nova Poshta Group provides its customers, both business and individuals, with a full range of the logistics and related services. The Group includes Ukrainian and foreign companies, in particular, Nova Poshta, NP Logistic, POST FINANCE and Nova Poshta International.
Nova Poshta is the leader of the logistics market, which provides easy delivery to each client — at the post office, and the address — and allows thousands of entrepreneurs to create and develop a business not only in Ukraine but also abroad. The company’s network has more than 6,000 branches throughout Ukraine, and the number of departures in 2019 alone exceeded 212 million. NP Logistic is a fulfillment service company: storing goods in warehouses, picking and sending orders to the recipient. POST FINANCE is a non-banking financial institution, thanks to which the company’s clients can carry out money transfers and electronic money transactions. Nova Poshta International is developing an international partner network to provide customers with express delivery services in Ukraine and also abroad.
Nova Poshta Group works in compliance with all the norms of Ukrainian legislation. In 2019, the Group transferred more than 4 billion UAH of taxes and fees to the country’s budget. More information about products and services on the website: https://novaposhta.ua/
UNISET LLC has acquired land in Bila Tserkva Industrial Park (a project of UFuture). The company will start constructing its office building as well as its production and warehouse facilities next year, with the first operational phase beginning in 2021.
“UNISET’s location is best suited to the industrial park ecosystem, as it will facilitate supply chains and co-operation between residents and bring about the creation of joint projects. This is where the added value of such parks becomes even more visible. We provide comprehensive support to our clients, access to our partners and encourage them to cooperate with each other,” Volodymyr Khmurych, director of the Bila Tserkva Industrial Park, said.
In the first phase, UNISET will create about 20 jobs. To implement its project, the company hopes to involve engineers and other tech specialists as well as graduates. In addition to administrative, warehouse, and production facilities, a training center will be established within the enterprise’s base to improve the knowledge and production skills of UNISET’s staff.
“We’ve spent two years searching for the land and eventually opted for a partnership with UFuture. The offer we received is the most agreeable option for us, and the land has a convenient location and meets the legal and technical criteria. The industrial park provides comprehensive support to our team and we hope to bring the project to life as soon as possible,” Yevhen More, director of UNISET, emphasized.
UNISET is the fourth resident of Bila Tserkva Industrial Park. Plank Electrotechnic, another resident, the first Ukrainian manufacturer of modern electrotechnic systems, is already in operation. Construction of innovative production of composite materials is in process. In 2020, the industrial park will begin erecting a large logistics complex.
ADDITIONAL INFORMATION
UFuture is a Ukrainian private equity firm and group of companies, based in Kyiv. UFuture consolidates UDP, which is a real estate development company specialized in large infrastructure projects, the country’s second biggest Kyiv Sikorsky international airport, national Ukrainian outdoor advertising operator RTM, and Bila Tserkva industrial park. The group develops new and innovative businesses such as renewable energy generator UDP Renewables, pharmaceutical producer Biopharma, and innovation parks UNIT.City and LvivTech.City. UFuture supports and coordinates numerous impact and sustainability projects related to education and economics, some of which are annual Kyiv International Economic Forum, Small and Medium Entrepreneurship School, cutting-edge IT coding school UNIT Factory and Lean Institute Ukraine.
Bila Tserkva Industrial Park is a large-scale investment project aimed at facilitating establishment of modern manufacturing in Ukraine. It is a one-window platform that allows producers to access all necessary assets, utilities and services and focus on the development of their businesses. The park offers industrial land and property with all engineering infrastructure for rent or purchase, turn-key solutions and a possibility of co-investment in manufacturing. Local market insight and substantial experience in real estate development allows the park’s team to provide clients with additional consulting services on setting up an efficient production.
UNISET specializes in the development and production of control cubicles (distribution cabinets, AVR boards, light panels, reactive power compensation units, asynchronous motor control cabinets) as well as production process automation systems, which are equipped with reliable components from the market leaders such as Eaton, Rittal, Danfoss, and Siemens. The company has considerable experience in implementing large-scale programs (more than twenty projects in Ukraine, Estonia, Bulgaria, and Kazakhstan). UNISET provides equipment, after-sales service support, develops and implements individual turnkey solutions for various industries, including machine-building, lighting, food, chemical, pharmaceutical, mining and mineral processing as well as agricultural complexes.
UFuture Investment Group has opened Plank Electrotechnic, Ukraine’s first plant to produce modern electrotechnical systems. The building of the enterprise meets international BREEAM sustainability standards (compliance with about 50 criteria for environmental construction). Plank Electrotechnic products are now undergoing EU certification procedures.
“We have invested $2.8 million in the enterprise and expect to return the investment within five years. The Ukrainian market is a priority, but the company plans to expand the outreach to Eastern European consumers. I believe that the development of modern technological industries is a very promising area, both from business and social points of view – it is not only profit, but also taxes and jobs,” Vasyl Khmelnytsky, the founder of UFuture, has said.
Plank Electrotechnic will produce about 4.6 million units annually and will compete mainly with Chinese and Turkish manufacturers on the Ukrainian market. This high-tech enterprise will produce electrical fittings, accessories and components: sockets, switches, mounting boxes, cable ties, buttons, etc.
“Opening a new plant marks the beginning of the development of Plank innovative production cluster at Bila Tserkva Industrial Park which will make goods from high-tech materials in the field of electrical engineering, construction and mechanical engineering. We offer entrepreneurs who plan to work in these areas to quickly scale their businesses without unnecessary administrative and bureaucratic obstacles,” Chief Executive Officer of Bila Tserkva Industrial Park Volodymyr Khmurych has said.
The construction of three new plants at Bila Tserkva Industrial Park will start within the year, and 20 modern enterprises will be created in the next four years.
ADDITIONAL INFORMATION
UFuture is a Ukrainian private equity firm and group of companies, based in Kyiv. UFuture consolidates UDP, which is a real estate development company specialized in large infrastructure projects, the country’s second biggest Kyiv Sikorsky international airport, national Ukrainian outdoor advertising operator RTM, and Bila Tserkva industrial park. The group develops new and innovative businesses such as renewable energy generator UDP Renewables, pharmaceutical producer Biopharma, and innovation parks UNIT.City and LvivTech.City. UFuture supports and coordinates numerous impact and sustainability projects related to education and economics, some of which are annual Kyiv International Economic Forum, Small and Medium Entrepreneurship School, cutting-edge IT coding school UNIT Factory and Lean Institute Ukraine.
Bila Tserkva Industrial Park is a large-scale investment project aimed at facilitating establishment of modern manufacturing in Ukraine. It is a one-window platform that allows producers to access all necessary assets, utilities and services and focus on the development of their businesses. The park offers industrial land and property with all engineering infrastructure for rent or purchase, turn-key solutions and a possibility of co-investment in manufacturing. Local market insight and substantial experience in real estate development allows the park’s team to provide clients with additional consulting services on setting up an efficient production.
Volytsia-Agro LLC intends to invest $12 million in the launch of a logistic complex for grain storage and processing in Bila Tserkva industrial park (both based in Kyiv region) owned by the founder of UFuture Investment Group, entrepreneur Vasyl Khmelnytsky, according to the official Facebook page of the businessman.
“Our company acquired a land plot of 4 hectares, on which we plan to build a modern elevator. We intend to use $12 million and create 100 jobs. Agricultural products collected at the company’s enterprises will be stored at the elevator and then sent for exports,” director of Volytsia-Agro Volodymyr Pokrovsky said in an interview with the local TV Channel Krokus.
The company plans to launch the first phase of the complex in 2020. It will include an elevator with a total capacity of 40,000 tonnes of grain with a daily accepting capacity of 3,000 tonnes. The elevator will be equipped with a laboratory, grain dryers, silos for wet and dry grain. The complex will be able to receive and ship grain both by road and rail.
Khmelnytsky also said that in a month Plank Electrotechnic plant will be launched in the industrial park, the construction of which was started last year.
“A year ago we laid the first brick here. Now the plant is completed, in a month we’ll start production. The first test production of Plank plant is already on the shelves of the local Epicenter supermarket,” the founder of UFuture Investment Group said.
As reported, Plank Electrotechnic plant, which will produce electrical accessories and other electrical products, plans to produce 4.6 million units of products per year. At the first stage, it was planned to create 50 jobs, with the development of the cluster to 300.
BUILDING, INDUSTRIAL PARK, INVEST, LOGISTICS COMPLEX, VOLYTSIA-AGRO
The UFuture Group of businessman Vasyl Khmelnytsky plans to attract around $150 million of investment in the Bila Tserkva 2 industrial park registered by the Economic Development and Trade Ministry last week, creating a food industry cluster on its territory, Director of Bila Tserkva industrial park Volodymyr Khmurych has said. “But this [the amount of investment] is no more than forecasts. It is difficult to predict which customer will enter,” he told the Interfax-Ukraine, commenting on the need to create a second industrial park in the territory of the Shakrivka Village Council of Bila Tserkva district, where in April 2018 the first Bila Tserkva industrial park of the UFuture group was registered.
According to Khmurych, the decision to create a second park was dictated by the interest of food industry companies.
“We see the intentions of food processing companies. Today, two memorandums have already been signed, and we want to place these clients separately in the food cluster, taking into account the fact that they have special requirements for the sanitary zone and environmental requirements. And since we have a vacant land parcel, we have decided create a new industrial park on it,” he said.
As reported, the first Bila Tserkva industrial park in the territory of the Shakrivka Village Council was registered by the Economic Development and Trade Ministry in April 2018, the construction of the first plant for the production of Plank Electrotechnic electrical installation systems is currently being completed on its territory.
Khmurych said that if the main focus of the second park is the food industry, then the first one will be focused on other industries.
“Of course, if some customers of the food industry will meet the conditions of the first park, we will not deny them, but we will offer the second one first of all,” he said.
He also said that in the first Bila Tserkva park, in addition to completing the construction of Plank Electrotechnic, the signing of an agreement with another client is at the final stage, but he did not name it.
“Activity is high, almost every day meetings with new clients are held, but projects are complex and decisions are not made quickly,” the park director said.
According to him, it is planned to attract at least $100 million of investment in both parks.
“Only for buildings: this is 10–15 hectares of 35 hectares of the park’s area. This is already $50 million, and plus equipment and other things,” Khmurych said.
BILA TSERKVA 2, INDUSTRIAL PARK, INVESTMENT, UFUTURE, VASYL KHMELNYTSKY
