Business news from Ukraine

Business news from Ukraine

BILA TSERKVA INDUSTRIAL PARK WILL BUILD LOGISTIC DEPOT FOR NOVA POSHTA

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/

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HIGH-TECH INDUSTRIAL EQUIPMENT TO BE PRODUCED IN BILA TSERKVA INDUSTRIAL PARK NEAR KYIV

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.

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UFUTURE OPENES AT BILA TSERKVA INDUSTRIAL PARK MODERN PLANT

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.

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VOLYTSIA-AGRO TO INVEST $12 MLN IN BUILDING LOGISTICS COMPLEX IN INDUSTRIAL PARK OF ENTREPRENEUR VASYL KHMELNYTSKY

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.

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UFUTURE GROUP OF BUSINESSMAN VASYL KHMELNYTSKY PLANS TO ATTRACT UP TO $150 MLN INVESTMENT TO BILA TSERKVA 2 INDUSTRIAL PARK

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.

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UKRAINE’S ECONOMIC DEVELOPMENT AND TRADE MINISTRY REGISTERS BILA TSERKVA 2 INDUSTRIAL PARK WITHIN UFUTURE INVESTMENT GROUP

Ukraine’s Economic Development and Trade Ministry has included the Bila Tserkva 2 industrial park (Kyiv region) in the register of industrial parks. According to the report posted on the ministry’s website, the park, 34th in the list, was registered under a ministry order of October 4, 2018.
The initiator of the creation of the industrial park on a land plot of 34.7138 hectares in the territory of the Shkarivka Village Council in Bila Tserkva district is Bila Tserkva 2 Industrial Park LLC.
According to the state register, the founder of the said limited liability company registered in June 2015 with a charter capital of UAH 1,000 is UDP Industrial Parks Limited (Cyprus), the ultimate beneficiary of which is businessman Vasyl Khmelnytsky.
In April 2018, the Economic Development and Trade Ministry registered the Bila Tserkva industrial park created on the initiative of Bila Tserkva Industrial Park LLC, which is owned by Khmelnytsky.
The declared period of operation of the Bila Tserkva 2 industrial park is 50 years.
The priority types of economic activity in the industrial park will be the production of food and non-alcoholic beverages; light industry (textiles, clothing), paper and paper products; and storage facilities.
According to tentative calculations, up to 1,100 jobs can be created on the territory of the industrial park.
According to the information on the website of the Bila Tserkva industrial park, which is part of the UFuture investment group, the project has been developing since 2016. The company plans to attract $100 million in investment and create 3,000 jobs.
The Plank Electrotechnic plant, the manufacturer of modern electrical systems, was created at the industrial park.
UFuture Investment Group, headquartered in Brussels, was established in autumn 2017.

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