Business news from Ukraine

Business news from Ukraine

22 factories have already been built in Ukraine’s industrial parks, and 15 under construction

As of the end of 2025, 37 industrial enterprises have been built or are under construction in Ukraine’s industrial parks, of which 22 factories have already been built and 15 are under construction, according to the Ministry of Economy, Environment, and Agriculture. As reported, by the end of 2024, 25 industrial enterprises were operating or under construction in industrial parks, of which 12 had been built.

Among those operating or under construction as of the end of last year were enterprises in the fields of agro-processing, food production, furniture and woodworking, machine building, and others. Operating enterprises created 3,716 jobs.

The Ministry of Economy also recalls that in 2025, it decided to provide state incentives to 13 industrial parks for the implementation of 22 infrastructure projects totaling UAH 697.77 million.

In addition, UAH 202.91 million was transferred during the year to two industrial parks, the decisions on which were made in 2024.

Thus, the total amount of state incentives for industrial parks in 2025 amounted to UAH 900.681 million, the ministry concludes.

“2025 was the year when the number of industrial parks turned into real platforms for the implementation of the ”Made in Ukraine” policy. Almost UAH 1 billion in state incentives for industrial parks this year is an investment in infrastructure that is already giving life to new factories today. The state is laying the foundation, and business is turning it into new capacity and jobs,” Economy Minister Oleksiy Sobolev is quoted as saying in the statement.

As reported, 13 industrial parks received state incentives last year.

As of December 31, 2025, 118 industrial parks were included in the Register of Industrial Parks, of which 24 parks were included during 2025. At the same time, eight parks that did not carry out any activities were excluded from the Register.

The State Incentives for the Creation of Industrial Parks program provides for the development of engineering and transport infrastructure in industrial parks on a co-financing basis. State support may be directed toward the construction of roads, electrical networks, water supply and sewage systems, gas supply, and other technical solutions necessary for the launch of production.

State incentives provide for co-financing in a ratio of 50% to 50% for up to UAH 150 million per IP, and for de-occupied territories in a ratio of 80% to 20%.

The Ministry of Economy is implementing the program in cooperation with Ukreximbank, Oschadbank, Ukrgasbank, and Sens Bank.

A number of fiscal incentives are also provided for IP participants.

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Tascombank is auctioning off SBK construction ceramics factory for UAH 76.8 mln

JSC Tascombank has put up for auction the Slobozhanska Budivelnaya Keramika (SBK) porous ceramic block factory in the Kyiv region on the OpenMarket electronic platform (SE “SETAM” of the Ministry of Justice), according to the SETAM press service.

The auction for the Kyiv branch of SBK is scheduled for January 2, 2026, with applications accepted until January 1 and a starting price of UAH 76.8 million. The property is located in the Kyiv region, Borodianka district, village of Ozery.

The lot includes a production complex with a total area of 15,906.4 square meters, 212 units of industrial equipment, and a land plot.

The sale includes the right to conclude a financial leasing agreement and a purchase and sale agreement for real estate and movable property belonging to the bank.

Auction details and terms of participation are available at: is.gd/Jr3aDv

The OpenMarket electronic auction has been operating in Ukraine since 2014 and is a convenient tool for purchasing and selling property online. In total, assets worth over UAH 26.7 billion have already been sold through the system.

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New factory for production of ready-made meals and semi-finished products is being built near Kyiv – Kysilevsky

The Dnipro-based Sol Union group of companies has begun construction of the Neo Food System factory in the Kyiv region. The project capacity of the enterprise will allow it to produce 60,000 ready-made meals per day. The factory will produce ready-to-eat chilled, pasteurized, sterilized, and deep-frozen meals. The group’s investment in this project amounts to UAH 220 million.

This was announced by Dmytro Kysilevsky, Deputy Chairman of the Verkhovna Rada Committee on Economic Development. He noted that Sol Union took advantage of several programs of the “Made in Ukraine” policy for the development of Ukrainian manufacturers to implement its current investment projects. In particular, the group took advantage of a state grant of UAH 8 million for processing, purchasing autoclaves manufactured by the Rozfood plant in Kyiv. In addition, the group attracted loans from the “5-7-9” program. It plans to further expand its loan portfolio.

The launch of the plant will create 260 new jobs in the Kyiv region. The production area is 4,000 square meters.

To implement the Neo Food System factory project, the group purchased a ready-made industrial premises that already has the necessary connected electricity, water supply, treatment facilities, and drainage. The installation of the enterprise’s equipment will begin in April 2026. The launch of production is scheduled for June, and the project is expected to reach its design capacity in September 2026. The first exports to EU countries are planned for 2027.

The Sol Union group of companies includes two food production and packaging factories, a vegetable storage facility with a capacity of 5,000 tons, and warehouses with a total area of 17,000 square meters. Until now, all of the group’s enterprises were located in Dnipro.

The “Made in Ukraine” development policy for Ukrainian manufacturers combines state programs aimed at developing production, attracting investment, and stimulating exports.

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Budshlyakhmach is building new plant in Brovary to produce frames and increase localization of equipment

Budshlyakhmash has begun construction of a new 3,000 sq. m production complex in Brovary (Kyiv region), which will be used to manufacture vehicle frames, allowing the company to increase the localization of municipal and special equipment it produces from the current 40-60% to 75%, according to Dmytro Kysilevsky, deputy chairman of the Verkhovna Rada Committee on Economic Development.

“The start of production of vehicle frames is scheduled for mid-2026,” he wrote on Facebook on Tuesday.

According to him, this indicator (40-60% localization) was achieved thanks to licensed SKD assembly of equipment based on Daewoo and JAC chassis with the right to use its own VIN code.

“The contract with these companies provides for permission to replace imported components with Ukrainian ones,” Kysilevsky said.

The MP noted that after the launch of frame production, Budshlyakhmach plans to establish the production of wheel axles, as well as order tires, fuel tanks, and plastic components from other Ukrainian manufacturers.

“Next spring, Budshlyakhmach plans to start developing a new production site on the outskirts of Brovary to create an industrial park with a machine-building cluster. Forty thousand square meters of industrial buildings will be built on an area of 11 hectares. The total investment in this project is about $40 million,” Kysilevsky said.

According to him, investment in new production facilities is stimulated by localization legislation. This year, it requires a mandatory Ukrainian component of at least 25% in public procurement of equipment, and in 2026, the minimum localization level will increase to 30%.

Budshlyakhmash manufactures dump trucks, garbage trucks, truck cranes, sand spreaders and watering machines, tow trucks, and other equipment. In 2025, production volumes will be about 70 units per month.

According to opendatabot, in 2024, the Spetsbudmash plant in Brovary, where Budshlyakhmash Group’s automotive equipment is manufactured, earned UAH 4.2 billion in revenue and UAH 298.5 million in net profit, and in the first nine months of this year, UAH 3.3 billion and UAH 265 million, respectively.

The ultimate beneficiaries are Myroslav and Oleksandr Guiwan.

The Budshlyakhmash group of companies is the official representative in Ukraine of domestic and foreign manufacturers of special, road, and municipal equipment (JAC, Scania, Renault, MAN, Pronar, Daewoo, and Spetsbudmash brands).

Last year, Budshlyakhmash Trading House LLC received UAH 2.18 billion in revenue and UAH 22.9 million in net profit, and in January-September 2025, UAH 138.7 million and UAH 1.9 million, respectively.

The ultimate beneficiary is Myroslav Guiwan.

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Ukrainian sugar factories have produced 880,000 tons of products since beginning of season

As of the first ten days of November 2025, 26 sugar factories belonging to the National Association of Sugar Producers of Ukraine produced 880,000 tons of sugar, which is 100,000 tons (10.2%) less than on the same date in 2924, Ukrtsukor reported on Telegram.

The industry association noted that the current sugar yield is 14.81% (last season — 14.09%). This is due, in particular, to the higher sugar content of beets upon acceptance — 17.39%, which is 0.62% higher than in 2024.

Among the regions, Vinnytsia region remains the leader in production, with six factories already producing 196,000 tons of sugar.

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Lithuanian company sold Mukachevo knitwear factory “Mriya”

Translum LLC (Mukachevo, Zakarpattia region) became the owner of more than 98.87% of the shares of Mukachevo Knitwear Factory “Mriya” JSC, previously owned by Utenos Trikotazas JSC (Utenos Trikotazas, Lithuania).

According to information in the disclosure system of the National Securities and Stock Market Commission (NSSMC), the relevant purchase and sale agreement was signed by the parties on October 24 of this year.
According to YouControl, Translum LLC was registered on July 23 of this year with a registered capital of UAH 5 million, specializing in the production of knitwear and knitted clothing. The owner and ultimate beneficiary is local entrepreneur Vladislav Vitvinov.

Mukachevo Knitting Factory Mriya, a knitwear manufacturer founded in 1973, has been a subsidiary of Utenos Trikotažas since 2005.
The main supplier of raw materials and buyer of finished products is Utenos Trikotazas, which owned 98.95% of the factory’s shares.

According to the company’s financial report to the National Securities and Stock Market Commission, in 2024 it incurred a loss of UAH 7.4 million (46.6% less than in 2023) with a 15% reduction in net income to UAH 20 million.
As of the beginning of this year, the factory employed 84 people (compared to 113 a year earlier).

The authorized capital of JSC Mukachevo Knitting Factory Mriya is UAH 5.13 million, with a share par value of UAH 0.1.

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