The European Bank for Reconstruction and Development (EBRD) will provide a long-term secured loan of EUR11 million to Karpatski Mineralni Vody LLC (KMV) from the group of the same name to finance the construction and commissioning of a new beverage production plant with an effective capacity of 200 million bottles per year in the Lviv region.
“The use of modern equipment at the new plant will significantly increase resource efficiency compared to the existing plant. The project will increase the Group’s competitiveness, production efficiency, and environmental performance,” the bank said on its website.
According to the information, the EBRD Board of Directors approved the loan on August 5, and the next step will be the signing of the necessary documents.
It is noted that the total cost of the project is EUR24 million.
KMV LLC is a manufacturing company of the KMV Group, one of Ukraine’s leading producers of non-alcoholic beverages, producing mineral water, flavored mineral water, other non-alcoholic and energy drinks, as well as snacks, the EBRD noted.
According to the project, the group will have to conduct a comprehensive hydrogeological study during the first three years of operation to assess the permissible volume of water intake for the future, as well as ensure automatic monitoring of water intake and groundwater levels at its wells.
The project provides for a first loss guarantee provided by the European Union through the Ukraine Investment Framework (UIF), and the costs of external pre-investment legal and environmental and social analysis will be partially covered by the Japan-EBRD Cooperation Fund.
In addition, KMV is expected to receive a grant under the EBRD’s Human Capital Investment Incentive (HCII) program to cover up to 50% of eligible costs related to improving workplace accessibility and upgrading equipment and infrastructure. It is expected that the grant funds will be allocated from the Japan-EBRD Cooperation Fund or provided by a Taiwanese donor. The project is also expected to receive a FINTECC grant under the EU4Climate program for the purchase of energy-efficient bottling equipment.
According to data from YouControl, KMV LLC increased its revenue by almost 2.3 times in the first half of 2025, to UAH 277.20 million, and its net profit by 8.2 times, to UAH 140.69 million.
The beneficiaries of the company are listed as Serhiy Petrovych and Petro Ivanovych Ustenko, who own 83.77% and 16.23%, respectively.
The revenue of Serhiy Ustenko’s KMV Trading House LLC for the first half of this year increased by 18.5% to UAH 1 billion 71.47 million, while net profit decreased 2.4 times to UAH 61.17 million.
According to the Karpatski Mineralni Vody website, the company began operating in the mineral water market in 1996 with the first bottling of Karpatskaya Dzherelna natural mineral table water, and in June 2002, it was reorganized into a plant for the production of mineral water and non-alcoholic beverages, Karpatski Mineralni Vody. In 2002, the company began producing sweet carbonated beverages under the TM “Fruktova Dzherelna” and TM ‘Sokovinka’ brands, and in 2016, the energy drink TM “Dragon”.
Tail LLC (Lviv region), one of the leaders in the production of metal roofing and corrugated sheets, has invested €10 million in the construction of an oil refinery, according to Maksym Kozytskyi, head of the Lviv Regional Military Administration (OVA).
“This facility represents investments that remain in Ukraine and strengthen our economy. For Lviv region, this means new jobs, taxes paid to the local budget, and a contribution to the development of the region’s economy,” he wrote on Telegram after visiting the enterprise together with Prime Minister Yulia Svyrydenko.
The head of government clarified that the owners of the enterprise, Yuriy Shkvark and Andriy Tsymbalyak, decided to diversify and try their hand at agricultural processing during the war.
“All the equipment at the plant is Ukrainian: TAN refining and PET Pet Technologies line from Chernihiv, TEFF boiler room from Odesa, Nadiya bottling line from Cherkasy, AKIM containers and filling unit from Dnipro, Lubnimash silos from Lubny. From Ukrainian entrepreneurs like them, who ensure our economic stability with their energy, labor, inventions, and investments,” Svyrydenko wrote on Telegram.
She added that Lviv entrepreneurs are currently building another plant in Kremenchuk.
Tail LLC was founded in 2009 in the Lviv region. It specializes in the production of steel roofing materials for exterior decoration of houses, facade work, and industrial complexes. The company’s product range includes more than 15 types of products, which are manufactured on 25 production lines.
According to data from Opendatabot, in 2024, Tile LLC increased its revenue by 19.6% to UAH 820.51 million, reduced its net profit by 1.9 times to UAH 10.16 million, increased its debt obligations by 1.6 times, to UAH 427.76 million, assets by 1.4 times, to UAH 550.51 million, and the number of employees by 19, to 204.
The beneficiaries of the enterprise are Andriy Tsymbalyak and Yuriy Shkvark.
NovaSklo plans to start construction of a float glass plant in the Kyiv region in March 2026.
As NovaSklo CEO and founder of investment company EFI Group Igor Lisky told Interfax-Ukraine on the sidelines of the URC-2025 recovery conference, investments in the project amount to more than €240 million.
The project is being implemented with the support of UkraineInvest and the Ministry of Economy of Ukraine.
The project includes, in particular, the construction of a plant with a capacity of 24.8 million m2 of glass per year. The enterprise will reduce dependence on imports of flat glass and will produce products for export.
Liski noted that the project could pay for itself in 6-7 years.
He said that a memorandum had been signed on the sidelines of the conference between NovaSklo and three leading European equipment manufacturers – Horn Glass Industries AG (Germany), Zippe Industrieanlagen GmbH (Germany) and Bottero S.p.A. (Italy), which will be the main suppliers of technology and equipment.
According to Liska, NovaSklo has already secured a plot of land for production and purchased a license for sand extraction.
Commenting on the risks associated with the construction of an industrial facility in Ukraine, Liska noted that “this is an important symbolic project because it is a symbol of Ukraine’s recovery.”
“Broken glass and broken windows are always a symbol of decline and war. A new plant that produces high-quality glass is a symbol that we, Ukrainians, have a future, and we will rebuild Ukraine with the best glass and the best technology. We must do everything in our power to ensure that Ukraine has a different future,” he said.
Liski noted that the project is finalizing the signing of contracts with financial institutions for lending.
“This is a good margin project because all glass is currently imported, which involves high transportation costs. This project is efficient and has good margins. We think that the payback period will be 6-7 years,” he said.
The Poltava Oil Extraction Plant (POEZ) of the Kernel agricultural holding has officially switched to renewable energy sources certified by the international organization Bureau Veritas Group, the company’s press service reported on Facebook.
According to the report, the agricultural holding will fully supply POEZ with renewable energy from sunflower husks, thereby reducing its dependence on fossil fuels and cutting greenhouse gas emissions by more than 11,000 tons per year. In addition, autonomous power generation will ensure continuity of production and reduce risks to food security.
“This is another step towards transforming Ukraine into a sustainable, energy-independent, and innovative country that knows how to turn agricultural resources into strategic advantages. Now our consumers can make an informed choice and contribute to the green recovery of the country’s economy by supporting a producer of certified sustainable oil,” Kernel emphasized.
It is specified that POEZ became the first company in Ukraine’s food sector to join the Science Based Targets Initiative (SBTi). In addition, it intends to support communities and supply surplus “green” energy to Ukraine’s power grid.
“This step is part of Kernel’s efforts to decarbonize and ensure climate resilience at every stage of our work: from the field to logistics,” the agricultural holding summarized.
The Poltava OEZ of the Kernel agricultural holding specializes in the production of sunflower oil under the Stozhar trademark. Previously, oil under this brand was produced in Vovchansk (Kharkiv region). With the start of the full-scale invasion of Ukraine by the Russian Federation, the work of the SEZ in Vovchansk was suspended and its capacities were transferred to the Poltava region. Before the war, the processing capacity of the Vovchansk SEZ was 330,000 tons of sunflower seeds per year. In turn, the Poltava SEZ is designed to process up to 430,000 tons of sunflower seeds per year and produces unrefined, refined, and hydrated vegetable oil, as well as meal.
Before the war, the Kernel agricultural holding company ranked first in the world in the production of sunflower oil (about 7% of world production) and its export (about 12%). It is one of the largest producers and sellers of bottled oil in Ukraine. In addition, it is engaged in the cultivation and sale of agricultural products.
In the first nine months of 2025, Kernel increased its net profit by 7% to $218 million, with revenue growing by 19% to $3.092 billion and EBITDA increasing by 4% to $398 million.
A pig breeding company in Lviv region has decided to build its own feed mill, according to KMZ Industries, which will supply elevator equipment for the plant.
According to the report, to ensure the storage capacity for the necessary raw materials and their further processing into compound feed, two cone silos with a total capacity of 1,020 tons for barley and wheat will be installed, one silo with a capacity of 143 tons for corn, and two silos with a capacity of 41 tons each for soybean and sunflower meal.
“Products from all silos will be fed in specific proportions to the feed line according to the recipe for further production of feed for pigs, chickens, etc. The capacity of the first line of the plant will be 2 tons/hour. In the future, it is planned to increase it to 10 tons/hour in order to produce feed not only for its own pig farm, but also for sale on the domestic market,” said Anton Goncharuk, regional representative of KMZ Industries.
For the transportation of agricultural products, a bucket elevator and three chain conveyors with a capacity of 50 tons/hour were selected, as well as five screw conveyors for feeding raw materials directly to the feed mill.
KMZ Industries is the largest manufacturer of elevator equipment in Ukraine and produces a full range of products, including silos, grain dryers, transport equipment, and separators, as well as providing automation and installation services.
According to the company, it has built more than 5,000 facilities. KMZ Industries silos with a total volume of more than 12.5 million cubic meters are currently in operation.
Two flour processing plants will be built in Ukraine in 2025 – flour will be produced in western Ukraine, and cereals in the Poltava region, according to an interview with Interfax-Ukraine by Rodion Rybchinsky, director of the Ukrainian Flour Millers Association.
“Currently, a plant for the production of hard wheat flour with a capacity of up to 150 tons per day is being built in western Ukraine, with further processing of pasta, and in the Poltava region, a cereal plant with a combined capacity of up to 100 tons per day is expected to be launched,” he said.
According to the head of the industry association, there are niches in the flour milling business that are worth paying attention to.
“When we talk about grain processing, we must remember that it is not just flour or cereals. There are also combined products: dry breakfasts, energy bars, starch, dry gluten, enzyme preparations based on grain processing products — a very wide range of processed products,” Rybchynsky emphasized, adding that the main priority in the construction of such a production facility is the availability of buyers.
According to him, the cost of building a mill or a cereal plant in Ukraine starts at $3 million, but there are examples of businesses in Ukraine with a higher price tag of $15 million. This amount includes the cost of equipment and buildings (fixed assets), excluding working capital, which can reach 50% of the project cost. After all, in order to launch an enterprise, it is necessary to purchase raw materials, actively enter the market, and anticipate marketing costs, etc.
Rybchinsky also does not rule out the prospect of building a number of flour mills on the Black Sea coast, following the example of Turkey.
“Uzbekistan and Egypt have followed the same path as the Turks. The Uzbeks buy Kazakh grain, grind it, and have become the main exporter of flour to Afghanistan, from where they have ousted Kazakhstan. Egypt buys Ukrainian and Russian grain and has become the leading supplier of flour to the African market, partially displacing both the Turks and the French. All this points to the existence of a state policy,” he stressed, adding that the first step towards such a development of processing in Ukraine should be the interest of the state.
