Business news from Ukraine

Business news from Ukraine

MC-Bauchemie plans to invest EUR 1.5 mln in expansion of dry construction mixtures production in Kyiv region

German MC-Bauchemie intends to invest EUR 1.5 mln in the expansion of dry construction mixtures production in Berezan (Kiev region), MC-Bauchemie Ukraine director Artem Priymachenko told Interfax-Ukraine agency.

“We intend to build a new line for special construction materials, such as a variety of polymer-cement mixes for structural repair of concrete, toppings for industrial floors, waterproofing materials, highly functional adhesives for tiles. The approximate volume of investments is EUR 1.5 mln,” he said.

According to Priymachenko, the investments will be made at the expense of MC-Bauchemie’s own funds. The discussion of war risk insurance is underway now.

“We are now in the procedure of obtaining a guarantee from international organizations for military risks. We are considering options – the German government or MIGA from the World Bank,” he said.

According to the company’s plans, the new line in Berezan could be launched at the end of 2025.

Founded in 1961, MC-Bauchemie Group is one of the leading international producers of construction chemicals and technologies. With more than 2,500 employees, it is represented in more than 50 countries.

According to the data of opendatabot, LLC “MC-Bauchemie” (33482370) was founded in 2005, authorized capital 333,8 thousand UAH. Revenue in 2023 356 million 836 thousand UAH, which is 2.6 times higher than the results of 2022 and 9% higher than pre-war 2021. Net profit for 2023 UAH 55 million 618 thousand, in 2022 there was a net loss of UAH 18 million 625 thousand.

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