KYIV. Sept 26 (Interfax-Ukraine) – UBC Group (Kharkiv), a commercial and industrial holding working in the field of refrigeration equipment and promotional products, has invested EUR 18 million in the first stage of a refrigeration equipment plant in Vinnytsia.
“Now we are completing the construction and expect that the first stage of the plant will start producing test lots of top-opening freezers in December. The capacity of the first stage is 60,000 pieces per year, its budget is EUR 18 million,” UBC Group President Ihor Humenny said.
According to him, after the launch of the first stage, the company will begin construction of the second one.
“After the launch of the first stage, we plan to expand the facility from 20,000 square meters to 35,000 square meters. The second stage will produce refrigerators, its capacity will reach 150,000 units a year,” he said.
Capital investments in the second stage are estimated at about EUR 10-12 million.
UBC Group has three plants in Ukraine and offices in 26 countries. The group includes several divisions: UBC Сool develops and manufactures refrigeration equipment for drinks and products, includes a plant in Derhachi (Kharkiv region), UBC Promo is engaged in development and production of promotional materials, UBC Engineering provides installation and commissioning services in food and processing industry, UBC Service renders services for reconstruction of professional refrigeration equipment, UBC Distribution sells UBC Group products and services, UBC Armature is engaged in design and installation of equipment and technical processes, distribution of industrial fittings and consumables.
