Business news from Ukraine


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.



UBC Group (Kharkiv), a commercial and industrial holding, working in the field of refrigeration and promotional products, has built the first stage of a refrigerator factory with an area of 20,000 square meters in Vinnytsia. “Vinnytsia. The new UBC Group plant – Green Cool. The first stage of about 20,000 square meters is ready. The installation and start-up phase has started under the guidance of Italian engineers. At the same time, we recruit personnel. Theoretically, in June the plant must produce the first products,” President of UBC Group Ihor Humenny wrote on his Facebook page.
According to him, refrigerators with a glass door and an ice cream box will be produced at the Vinnytsia factory.
As reported, the capacity of the first stage of the plant for production of refrigeration equipment in Vinnytsia will amount to 60,000 pieces per year. Its budget is EUR18 million.
After the launch of the first stage, UBC Group plans to expand the facility from 20,000 square meters to 35,000 square meters. The second stage will produce refrigerator boxes, the group will reach a capacity of 150,000 pieces per year. Capital investments in the second stage are estimated at about EUR10-12 million.
UBC Group has three plants in Ukraine and offices in 26 countries.

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