Business news from Ukraine

POLIPOL FROM GERMANY IS INTERESTED IN BUILDING FURNITURE PLANT IN UKRAINE, LVIV REGION

5 March , 2018  

Germany’s Polipol could build an upholstered furniture plant in Lviv region with 1,000 new jobs, according to a posting on the website of Lviv Regional Administration.
The plans were announced at a meeting of German investors with Head of Lviv Regional Administration Oleh Syniutka.
“More than 80 new production facilities were opened last year in the region. We actively invest in infrastructure, roads, social infrastructure. Lviv region is also the best in terms of exports. If you decide to invest in Lviv region, we will ensure all conditions for you to feel yourself comfortable,” the press service said, citing Syniutka.
As the representative of the Polipol company in Ukraine, Herbert Wittwer, said, it could take from one to four years to implement the project, and eventually it is planned to create 1,000 jobs.
“We need a land parcel of 20 hectares. Education is important. We are ready to train employees and create conditions for workers not to migrate. The salary we are ready to offer is EUR 500-600,” Wittwer said.
In turn, Syniutka said that there are enough land parcels of a large area in Lviv region. He acquainted German investors with the existing enterprises in the region – Leoni, Bader, Fujikura, which are successfully developing.
Syniutka said that there is enough workforce in the region, as well as technical educational institutions that are training skilled workers.
The sides decided to study the land parcels in the region and determine the possible options for locating the future enterprise.
Polipol, founded in 1990, according to information on its website, currently has more than 5,000 employees in Germany and abroad. The range of upholstered furniture includes 300 models and 150 television seats. The annual turnover of the company is more than EUR 400 million.