Business news from Ukraine

Business news from Ukraine

UBC GROUP TO COMMISSION REFRIGERATOR PLANT IN SEPT

29 August , 2018  

UBC Group, a trade and industrial holding in Kharkiv, working in the field of refrigeration and promotional products, intends in the beginning of September to launch the first stage of a Green Cool plant with an area of about 20,000 square meters to produce refrigerator equipment in the industrial park Vinnytsia Cluster of Refrigeration Engineering.
Vitaliy Pohosian, the director of the Vinnytsia City Council economy and investment department, told Interfax-Ukraine that on August 27 an agreement was signed on the creation and functioning of an industrial park between Vinnytsia Mayor Serhiy Morhunov, Ukrainian Brewery Company (UBC Group) and Industrial-Investment Company LLC, which became the managing company of the industrial park based on the results of an open tender.
As reported, Vinnytsia Cluster of Refrigeration Engineering was introduced by the Ministry of Economic Development and Trade of Ukraine in the register of industrial parks in May 2017.
The expert said the necessary procedures for attracting the managing company were made, competitive conditions were developed, the business plan of the park development was considered.
“This work, which takes a lot of time, was actually completed by signing an agreement with the managing company,” he said.
Pohosian said today it is the only industrial park of a cluster type in Ukraine, initiated by Vinnytsia City Council and Ukrainian Brewery Company.

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