Business news from Ukraine

Business news from Ukraine

Port.Lviv logistics center with total area of 77 thousand square meters has been put into operation

The construction of the Port.Lviv logistics center with a total area of 77 thousand square meters has been completed, and the final stage of the complex received a certificate of commissioning in February 2025, the press service of the developer and project management company Alterra Group toldInterfax-Ukraine.

The estimated market value of the complex of all buildings is about $65 million. The territory combines warehouse, production, retail, and office space. The premises range in size from 60 to 16.5 thousand square meters, with ceiling heights from 3 to 12 meters. As of February 2025, the vacancy rate was less than 1%.

More than 80 companies from various industries are located on the territory, and more than 1 thousand jobs have been created. Among the residents of Port.Lviv are the distributor of auto parts OMEGA, the international cargo sorting center Meest International, manufacturers of natural peanut butter TOM, ceramic tiles Golden Tile, TSG auto glass, and other businesses that cooperate and reinforce each other.

The security of the logistics complex is ensured by video surveillance and access control systems for vehicles and people. The complex is equipped with fire sprinkler systems, automated communications management and a backup power supply. During power outages, a system of generators ensures continuous operation.

Alterra Group LLC was established in 2016 with a charter capital of UAH 5 million and the ultimate beneficiary is Dmytro Kovalchuk. The company has nine projects in its portfolio, with 107,868 sqm already commissioned and 108,900 sqm to be ready in 2025. According to the company’s annual reports, the company’s revenue for 2024 amounted to UAH 236 million 969.7 thousand, which is twice as much as in 2023, and the net loss was UAH 699.3 thousand, which is 1.7 times less than the loss for 2023.