Business news from Ukraine

Unilever will invest EUR20 mln in construction of a factory in Kiev region

The international company Unilever has started construction of a new factory in Bila Tserkva, Kyiv region. Today a commemorative capsule was laid at the site of the future enterprise in the industrial park “Bila Tserkva”, the Head of Kyiv Regional State Administration Ruslan Kravchenko said on his Facebook page on Friday.

It is also reported that the amount of investment in the factory is € 20 million. Almost 100 new jobs will be created at the enterprise. The factory will produce personal care products, shampoos and shower gels, the goods will be mainly oriented for the Ukrainian market. Potentially, the enterprise will produce products for other markets in Europe.

The report notes that the total area of the site for the development is 4.2 hectares. The production capacity of the enterprise is more than 5000 tons per year. The construction of the factory is planned to be completed at the end of 2024. Erection will take place taking into account the highest environmental standards. There will be comfortable working conditions, office space is designed to meet the needs of immobile groups. A ground mobile shelter has already been arranged for safe work, and in time an underground shelter will also be built.

“The construction site of the new factory in the industrial park was not chosen by chance – there are all necessary communications and road infrastructure. The development of industrial parks supports the restoration of industry in Kyivshchyna during Russia’s war against Ukraine. The opening of new production facilities contributes to the income and well-being of local communities, increases tax revenues and stimulates the development of small and medium-sized enterprises in the region”, – said Ruslan Kravchenko.

Ruslan Kravchenko thanked the CEO of Unilever Ukraine Vasyl Bovdilov and the founder of UFuture, which includes the industrial park “Bila Tserkva”, Vasyl Khmelnitsky for the example, which “should be followed by other investors and joint efforts to develop the economic potential of Kyiv region”.

Earlier it was reported that Unilever Plc will allocate EUR20 mln for the construction of a factory in the Kiev region to produce personal care products, shampoos and shower gels under the brands Dove, Axe, TRESemmé and Clear,

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Unilever will put on sale dairy ice cream grown in laboratory

One of the world giants in the food market, Dutch-British company Unilever is going to produce next year a dairy ice cream, made from cow’s milk, grown in a laboratory.
Next summer, supermarket shelves may be stocked with ice cream “made from cow’s milk without cows. It will be made from milk protein obtained by fermentation, which uses yeast and fungi, among other ingredients, to grow it in vats.
However, natural cow’s milk contains many types of protein, so producing it in the lab with a satisfactory result that allows the product to be used in the same way as “classic” milk is no easy task.
A number of startups have already submitted several prototypes of “lab milk” for consideration by Unilever. The company hopes to commercialize next year a new ice cream under one of its world-famous brands – Ben & Jerry’s, Miko, Magnum, but has not yet specified which one it will choose for the debut.
Unilever explains its idea as the aim to produce the product with less greenhouse gas emissions, particularly methane, which is inevitable in dairy farming, subject to the profitability of the new technology.
However, Unilever is not the first company in the food market, trying to introduce “milk without a cow. Last year, American Starbucks already tried to sell products based on “lab milk” produced by the startup Perfect Day in its cafes in the Seattle area.

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UNILEVER HALTS OPERATIONS IN UKRAINE, SUSPENDS INVESTMENT IN, EXPORTS TO RUSSIA

Consumer goods giant Unilever has said that the company continues to condemn the war in Ukraine, has stopped business operations in Ukraine and has suspended all imports and exports of our products into and out of Russia.
“We continue to condemn the war in Ukraine as a brutal and senseless act by the Russian state. Our business operations in Ukraine have stopped and we are now fully focused on ensuring the safety of our Ukrainian employees and their families, including helping with their evacuation where necessary, and providing additional financial support,” Unilever CEO Alan Jope said in a statement posted on the company’s website.
He said that the company has suspended all imports and exports of our products into and out of Russia, and we will stop all media and advertising spend.
“We will not invest any further capital into the country nor will we profit from our presence in Russia. We will continue to supply our everyday essential food and hygiene products made in Russia to people in the country. We will keep this under close review,” he said.
“We join calls for an end to this war and hope that peace, human rights, and the international rule of law will prevail,” he said.
Unilever brands include Lipton, Dove, Vaseline, Cif, Signal, Domestos, Rexona AXE, Chistaya Liniya, Barkhatnye Ruchki and Inmarko.
In Ukraine, the company has a tea factory in Hostomel near Kyiv, which is the scene of heavy fighting.
In Russia, it has ice cream plants in Tula Region and Omsk, tea, cosmetics and household cleaner production facilities in St. Petersburg, and a cosmetics factory in Yekaterinburg.

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