The Ukrainian BALEX Group of Companies is investing over $15 million in the construction of a new production and logistics complex, which will be located within the Bila Tserkva Industrial Park; the groundbreaking ceremony took place on June 18 as part of the “Industrial Evolution: Manufacturing Drives the Economy” forum.
The BALEX Group of Companies is a technology partner to the food industry and Ukraine’s largest integrated manufacturer of compressed yeast, fillers, dry mixes, improvers, confectionery glazes and fillings, plant-based ingredients, and craft beer.
As Stanislav Haidai, CEO of the BALEX Group of Companies, explained at the forum, even during the war, in 2023, the company acquired an unfinished facility and launched production of plant-based cream there. “In the suburbs of Kharkiv, we established one of the most successful enterprises producing this product. And now here (at FOP ‘Bila Tserkva’), we are building new facilities covering 11,000 square meters. There will be three production lines, logistics… We will be the first in Ukraine to produce plant-based cream for export,” he said.
He emphasized that production capacity is also continuing to expand in Kharkiv, and an R&D center has already been launched this year. “Our main driving force—and this may sound cliché—is responsibility, first and foremost, for ourselves, for our people, and for our teams. And it is precisely this that drives business forward, develops the economy, and creates such incredible industrial parks,” said Haidai.
Construction of the BALEX production complex will take place on a 7.8-hectare site within the Bila Tserkva Industrial Park. The project envisages three development phases between 2026 and 2030.
The first phase will include the production of fillings, glazes, and confectionery mixtures, plant-based products, as well as supply chain infrastructure facilities. The total built-up area of the first phase will be 11,378 square meters.
Representatives of state authorities, local government, the business community, and project partners took part in the time capsule ceremony. Among the event’s participants were Mykola Kalashnyk, head of the Kyiv Regional State Administration; Volodymyr Vovkotrub, secretary of the Bila Tserkva City Council and acting mayor; and Vasyl Khmelnytskyi, founder of UNIT. City and the Bila Tserkva Industrial Park, Vasyl Khmelnytskyi; founder of the BALEX Group of Companies, Oleksandr Bandurka; and co-founder and CEO of the BALEX Group of Companies, Stanislav Haidai.
BALEX Company LLC was founded in 1994; its authorized capital is 50.6 million UAH, and its ultimate beneficiaries are Oleksandr Bandurka (49.85%), Iryna Bandurka (28.25%), and Stanislav Haidai (19.73%). BALEX Company’s headquarters and production facilities are located in Kharkiv. The company also has representative offices in Kyiv, Lviv, and Kropyvnytskyi and exports its products to more than 20 countries worldwide.
According to OpenDataBot, the company reported 169.7 million UAH in revenue for 2025, a 27.7% decrease from 2024, with net profit totaling 117.88 million UAH compared to 134.4 million in 2024.
The projects of entrepreneur Vasyl Khmelnytskyi’s holding company UFuture—FOP “Bila Tserkva” and “Bila Tserkva 2”—were included in the Register of Industrial Parks in 2018. The total area of the parks is 70.3 hectares; the area of industrial and warehouse buildings will total 235.4 thousand square meters, with plans to construct 30 facilities. As of 2026, 19 tenants are operating in the park, including both Ukrainian and international companies.
The project is being implemented by the UFuture holding company, with Astrobild LLC serving as the developer. The development strategy calls for attracting over $250 million in investments by 2030.
FM Logistic Ukraine will invest $ 25-30 million in the construction of the fifth phase of a logistics complex with an area of 20,000 square meters, CEO of FM Logistic Ukraine Sebastien Lardellier said in an interview with Interfax-Ukraine.
“The land site in Dudarkiv is ours, it allows us to build another 32,000 square meters of modern logistics real estate, of which we plan to build 20,000 square meters in the coming years. We hope that we will receive construction permits quickly enough. The construction of these buildings, plus their equipment, requires $ 25-30 million in investment,” he said.
The FM Logistic Ukraine complex (Dudarkiv village, Kyiv region) includes 60,000 square meters of A class warehouse space. About $ 50 million was invested in it.
According to the expert, out of 60,000 square meters, some 54,000 square meters have been commissioned.
“There is a preliminary agreement for another 2,000 square meters. Thus, 4,000 square meters are still free,” he said.
He said that the rate of expansion of the offer depends on the activity of the market.
“The question of expansion is in two cases: when our current client develops his business, it becomes cramped for him, and we continue to build according to his requests. The second option is to attract new clients. According to the estimated growth rates, we will complete and fill this site within four years,” he added.
FM Logistic Ukraine, operating since 1996, is included in the top five largest operators of the logistics market in Ukraine. It is part of the international group of companies FM Logistic.
FM Logistic is a family business that was founded in 1967 in the French region of Lorraine. The company owns 180 warehouses with a total area of 4 million square meters in 14 countries of the world.
FM Logistic Ukraine provides logistics operator services, including warehousing, e-commerce logistics, co-packing, customs clearance, domestic and international transportation, city transportation, and management of the entire supply chain.
Today the staff of FM Logistic Ukraine has 900 employees.
The U.S. company Amstar plans to build a logistics complex for $170 million in the village of Hurivschyna of Kyiv region, the press service of Kyiv Regional State Administration has reported.
“Together with the Agency for Regional Development of Kyiv region, we are working to establish high-quality communication with investors. One example is the Amstar company. They have already begun to build a logistics complex on the territory of the Dmytrivka community,” Head of Kyiv Regional State Administration Vasyl Volodin said.
According to the project, the complex with a total area of 340,000 square meters will be located on a land plot of 55 hectares. Its implementation will create about 2,000 jobs.
Amstar is an international private equity fund headquartered in Denver, founded in 1987. It specializes in investments in commercial and residential real estate.
The volume of new supply on the warehouse and logistics real estate market in Ukraine in 2021-2022 will amount to 364,000 sq m, while about 200,000 square meters is to be commissioned in the market of Lviv and the region, according to a study by Alterra Group.
“The leader is Lviv, where it is planned to put into operation about 200,000 square meters. In Kyiv, it is planned to introduce those projects that were predicted back in 2019 and 2020. In the regions, most of the premises planned for commissioning by developers are occupied by post offices and logistics companies,” Dmytro Kovalchuk, the co-owner of Alterra Group, said during the web conference on the analytics of the warehouse real estate market.
So, in Kyiv, the volume of new supply in 2021-2022 will amount to 71,400 square meters, among the planned projects, in particular, are the warehouse FM Logistic (17,000 sq m), Sun Factory 2 (23,400 sq m), Makarovsky of ADG developer (15,000 sq m).
Among the objects in Lviv are the expansion of the Protec warehouse in Zymova Voda by 40,000 sq m, the warehouse Lvivsilmash (42,200 sq m), a project from Galileo Logistic (45,000 sq m), Port Lviv Logistic Center (40,000 sq m).
According to the company, postal operators will continue to actively develop, the total construction volume of which will be about 158,000 square meters. Among the projects announced in 2021 is the expansion of the Nova Poshta network in Dnipro, Odesa, Kyiv with a total area of projects of 37,000 square meters, the construction of Ukrposhta logistics terminals in Kyiv, Kharkiv, Lviv, Dnipro and Odesa (22,000 sq m each), the expansion of the distribution center Mist Express in Lviv to 11,000 sq m.
Alterra Group is engaged in complex services for commercial real estate, development and consulting. The company’s portfolio includes 31 projects with a total area of 117,500 square meters.
Dragon Capital has completed the sale of the Omega-2 class A logistics complex with an area of 32,700 square meters in Brovary (Kyiv region), according to its press service on Monday.
“This is our first closing of a commercial real estate sale deal after we made a bet on this segment in 2016, and it demonstrates that there are opportunities in this market not only for profitable investments, but also for exits,” Dragon Capital Managing Director Volodymyr Tymochko said.
According to him, the company also continues to consider the possibility of spot acquisitions in the warehouse real estate sector. In addition, the plans also include the development of the company’s industrial parks in Kyiv (E40 Industrial Park) and Lviv (Ryasne-2).
Dragon Capital is one of the largest groups of companies in Ukraine, which works in the field of investment and financial services and provides a full range of investment banking, brokerage, and asset management services to institutional, corporate and private clients.
Dragon Capital has completed the sale of the Omega-2 class A logistics complex with an area of 32,700 square meters in Brovary (Kyiv region), according to its press service on Monday.
“This is our first closing of a commercial real estate sale deal after we made a bet on this segment in 2016, and it demonstrates that there are opportunities in this market not only for profitable investments, but also for exits,” Dragon Capital Managing Director Volodymyr Tymochko said.
According to him, the company also continues to consider the possibility of spot acquisitions in the warehouse real estate sector. In addition, the plans also include the development of the company’s industrial parks in Kyiv (E40 Industrial Park) and Lviv (Ryasne-2).
Dragon Capital is one of the largest groups of companies in Ukraine, which works in the field of investment and financial services and provides a full range of investment banking, brokerage, and asset management services to institutional, corporate and private clients.
