The state is investing in the development of industry in regions. The first and second phases of the ‘Bila Tserkva’ industrial park have secured government support under the ‘Made in Ukraine’ program. The investments will be directed toward the creation of technical and transport infrastructure to meet the growing needs of the industrial park’s residents. Under the program’s conditions, the state covers up to 50% of the costs for water supply and sewage network construction projects, the construction of new electrical networks, and the capital repair of road surfaces.

State funding is provided under the obligation to commission production buildings with a total area of over 10,000 square meters and to attract four participants to the industrial park within three years from the date of signing the state incentive agreement.

Kyiv, October 14, 2024. — The initiators of the creation of the ‘Bila Tserkva’ and ‘Bila Tserkva 2’ industrial parks, namely the companies ‘IP Bila Tserkva 1’ LLC and ‘IP Bila Tserkva 2’ LLC, have received state funding for the development of technical and transportation infrastructure as part of the ‘Made in Ukraine’ program. The relevant orders were signed by Ukraine’s Deputy Minister of Economy, Vitalii Kindrativ.

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The co-financing from the Ministry of Economy and the applicant company is distributed on a 50/50 ratio. When a manufacturing company decides to become a resident of an industrial park, it arrives at a fully prepared industrial site where tax and customs incentives are already in place,» Vitalii Kindrativ, said.

The procedure for providing funds for the development of industrial parks was approved by the Resolution of the Cabinet of Ministers of Ukraine on June 4, 2024, No. 644. This resolution outlines the amount of state funding available. The state may co-finance up to 50% of project costs, with the remaining 50% covered by the applicant’s own funds or local budgets. State incentives can be provided to a single applicant for each type of state support, with the total amount not exceeding 150 million UAH.

In the two phases of the Bila Tserkva Industrial Park, 50% of the project costs for constructing a water supply and sewage network, and the new construction of electrical networks will be financed by the state budget. State incentives will also be directed towards the implementation of the capital road surface repair project and other infrastructure improvements at the industrial site located at 150-B and 150-G Independence (Nezalezhnosti) Avenue in Bila Tserkva, Kyiv region.

The total investment for the implementation of projects related to the construction of technical infrastructure and the capital repair of the road surface amounts to 292 million UAH, of which the state co-financing share is 146 million UAH.

One of the key conditions for receiving state co-financing is the obligation of the initiators of the industrial parks — ‘IP Bila Tserkva 1’ LLC and ‘IP Bila Tserkva 2’ LLC — to commission production buildings with a total area of over 10,000 square meters and to attract at least four participants to the industrial park within three years from the date of signing the state incentive agreement. If these requirements are not met, the budgetary funds must be returned to the Ministry of Economy for subsequent transfer back to the state budget in accordance with the established legal procedures.

The supervision of construction work is carried out by a consultant engineer, who approves the certificates of completed work. These certificates, along with payment documents, serve as the basis for the authorized bank to transfer a portion of the state-allocated funds from the escrow account to the account of the construction contractor. The authorized bank managing the investment process is ‘Ukrgasbank’ JSC.

According to the calculations of the Ministry of Economy of Ukraine, every dollar invested in the infrastructure of an industrial park is expected to generate 10 to 20 dollars of private investment in production facilities, equipment, and technologies, while creating approximately 50 to 100 jobs per hectare. This makes the industrial park an accelerator of regional economic growth, following the example of developed countries.

ADDITIONAL INFORMATION

 The ‘Bila Tserkva’ industrial park, covering over 24 hectares, was included in the register of industrial parks on April 13, 2018. The ‘Bila Tserkva 2’ industrial park, spanning more than 34 hectares, was added to the same registry on October 4, 2018. Both projects are part of UFuture holding company. The goal of these industrial parks is to establish the infrastructure and conditions necessary for sustainable industrial development in Ukraine.

Kyiv, August 14, 2024. — Peikko Group Corporation has signed an agreement with the Bila Tserkva Industrial Park to construct a turnkey factory for the production of concrete connections and composite structures. The future facility will cover an area of 2,400 square meters. The factory is expected to produce goods for the Ukrainian market and become part of long-term projects and initiatives in the country’s post-war recovery.

Finnish Peikko Group is a leading global supplier of slim floor structures, wind energy systems, and connection technologies for monolithic concrete slabs in both precast and in-situ construction. Peikko Group has offices in 30 countries across the Asia-Pacific region, Europe, Africa, the Middle East, and North America, with manufacturing facilities in only 12 of those countries. In 2023, Peikko’s annual turnover amounted to 262 million EUR.

In 2023, Peikko became the first Finnish company to invest during the full-scale invasion, first by opening an engineering and sales office in Kyiv, and then by committing to build a factory in Bila Tserkva. This move highlighted Peikko’s commitment to European values and its support for Ukraine.

Topi Paananen, CEO of Peikko Group, stated that the need for reconstruction and the opportunity to contribute to rebuilding a country devastated by war were key factors that motivated the company to invest in Ukraine.

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Expectations are high, but we must be realistic. In a country at war, the situation can change multiple times. Nonetheless, we expect to serve local customers and the construction market both during the conflict and in peacetime, whatever the situation may be next year. I encourage other Finnish companies to take calculated risks in Ukraine, as this is one way to demonstrate commitment to Ukraine—being present, employing local people, and showing interest in the development of this country,» Topi Paananen, said.

All Peikko Group factories are certified and equipped with modern automated production lines, enabling the high-speed and precise manufacturing of large volumes of products. The factory within the industrial park is expected to create at least 30 jobs for the Bila Tserkva community.

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The Peikko brand is well-recognized within the construction industry. Its solutions are applied across various real estate sectors, helping to reduce labor requirements on construction sites and enhance the quality of construction work. Given the current situation, where labor resources are limited, these solutions can positively impact the speed of construction and reconstruction in Ukraine. Therefore, we plan to use these solutions in the construction of facilities within the industrial parks, which will create a synergistic effect and serve as a win-win collaboration between our companies,» Andriy Ropitskiy, CEO of the Bila Tserkva Industrial Park, said.

ADDITIONAL INFORMATION

The ‘Bila Tserkva’ industrial park, included in the register of industrial parks on April 13, 2018, and the ‘Bila Tserkva 2’ industrial park, included on October 4, 2018, are projects of the UFuture holding company. The goal of these industrial parks is to create infrastructure and conditions for sustainable industrial development in Ukraine. The parks offer industrial land with all engineering and transport infrastructure, as well as modern production and warehouse buildings and logistics complexes for rent or purchase.

Peikko Group Corporation’s innovative solutions offer a faster, safer, and more sustainable approach to design and construction. Peikko is a family-owned company employing around 2,000 specialists. Founded in 1965, the company is headquartered in Lahti, Finland.

Kyiv, August 01, 2024. — The initiator of the ‘Bila Tserkva 2’ industrial park signed an agreement with the managing company ASTROBUILD LLC. This agreement finalized the consolidation of the management of assets from both industrial parks – ‘Bila Tserkva’ and ‘Bila Tserkva 2’. ASTROBUILD LLC will now manage the functions for both parks, aiming to create a more efficient management mechanism by centralizing services and improving operational efficiency.

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The challenges facing businesses today require more flexible responses, active involvement in the change process, cost reduction, synergy, and new approaches to attracting investors. This consolidation aims to create a more efficient mechanism for managing the asset portfolio of the ‘Bila Tserkva’ and ‘Bila Tserkva 2’ industrial parks. Through consolidation, certain service and management functions will be centralized, enhancing the synergy between the two parks and improving their operational efficiency,” Andriy Ropitskiy, CEO of the ‘Bila Tserkva’ industrial park, said.

The criteria for effective management of industrial assets are defined in the business plans of the industrial parks.

The full development of the ‘Bila Tserkva 2’ industrial park is expected to create over 1,100 new jobs with an annual payroll exceeding 400 million UAH. The total investment for its complete development and operation will amount to approximately 154.9 million USD. In terms of 1 ha of industrial park territory, it is from 4.5 to 6.6 million dollars. USA, depending on the stage of development of the park, which corresponds to the best practices of the development of industrial real estate. Once fully developed, the park will generate up to 30 million UAH annually in taxes and fees for the Bila Tserkva community. To achieve this indicator, in 2024, the first resident was attracted, and work began on preparing the industrial site for new construction.

The business plan for the ‘Bila Tserkva’ industrial park, where only 33% of the land plots (12 hectares) remain available for rent or sale, has not undergone significant changes. There are 41,000 square meters of production and warehouse facilities built on the developed territory of the park, attracting 14 residents, including Unilever, InTiCa Systems, Pripravka, and other companies. Nearly 50 million USD has been invested in the development of the ‘Bila Tserkva’ industrial park. The development plan includes constructing an additional 52,000 square meters of industrial buildings and attracting another 47.5 million USD in investments.

ADDITIONAL INFORMATION

The ‘Bila Tserkva’ industrial park, included in the register of industrial parks on April 13, 2018, and the ‘Bila Tserkva 2’ industrial park, included on October 4, 2018, are projects of the UFuture holding company. The goal of these industrial parks is to create infrastructure and conditions for sustainable industrial development in Ukraine. The parks offer industrial land with all engineering and transport infrastructure, as well as modern production and warehouse buildings and logistics complexes for rent or purchase.

ASTROBUILD LLC is a professional developer with the relevant expertise and experience in industrial real estate projects. Since its establishment in 2019, the company has developed over 10 hectares of industrial land and commissioned more than 12,000 square meters of production and warehouse space.

Up to 100 new jobs will be created at the enterprise with an area of more than 5,000 m². The construction works will continue until the end of 2024.

 Bila Tserkva, March 22, 2024. — Today, a commemorative capsule was laid at the construction site of the new Unilever factory. The factory will be located within the Bila Tserkva Industrial Park.

Unilever has invested €20million in the new factory, which will produce personal care products including shampoos and shower gels for brands such as Dove, Axe, TRESemmé and Clear.

Attending the ceremony, head of the Kyiv regional administration, Ruslan Kravchenko, commented: “ Industrial parks development supports the recovery of manufacturing in Kyiv region during the Russia’s war against Ukraine. The opening of new productions helps to increase the income and well-being of local communities, increase tax revenues and stimulate the development of small and medium-sized enterprises in the region. I am proud that today Kyiv region is one of the leaders in the development of industrial parks in Ukraine. We highly value our international partners and the willingness, in particular, of British business to set up a new production and make investment in our region. Representatives of the business community can be sure that we will continue to promote their development and support initiatives aimed to grow and strengthen the economy of the Kyiv region.”

The new Unilever factory will span 4.2 hectares and will have a production capacity of over 5,000 tons per year. Its construction is set to be finished towards the end of 2024.

Vasyl Bovdilov, General Manager, Unilever Ukraine, said: “Today has been an important event for expanding our business and developing the industry. The construction of the new factory shows our ambitious plans and long-term commitment to Ukraine. The new production will create up to 100 new jobs, contribute to the growth of the local FMCG market and expand Ukraine’s export opportunities.”

The factory is being built in accordance with a green and sustainable industrial ecosystem, with efficient use of water and energy resources, comfortable working conditions and minimal impact on the environment. The office premises of the factory are designed considering the needs of people with reduced mobility. A ground-based mobile shelter has been already created on the construction site, and the factory building will include an underground shelter as well.

Land management and investment attractiveness were considered while choosing the location for the facility. The industrial park located in Bila Tserkva has a site ready for construction with engineering communications and ready-made road infrastructure, which reduces the time for construction.

Vasyl Khmelnytskyi, the founder of UFuture holding, which includes the Bila Tserkva Industrial Park, added: “I am sure that the development of production is a key driver for the recovery and growth of the Ukrainian economy. The fact that even despite the war we manage to attract new investors is a positive trend, we open the way to innovation and the creation of quality jobs, supporting the economy at this critical time. In addition, I believe that this can contribute to the attraction of foreign experience and investments, which are currently needed for our country.”

Deputy Head of Kyiv State Regional Administration, Lesya Karnaukh, Mayor of Bila Tserkva, Hennadiy Dykyi, and Iryna Starenka, head of Bila Tserkva regional administration, have also visited an official groundbreaking ceremony.

Specialists in industrial real estate development of the management company of the Bila Tserkva Industrial Park assist in relocating industrial enterprises.  

Kyiv, March 28, 2022. — The heroic resistance of the Armed Forces of Ukraine gives entrepreneurs time to find an opportunity to move production to the central and western regions of the country and join the economic front of the state. This is a challenge that the rear must meet to ensure the economic and food security of our country.

Every production enterprise that wants to resume work will receive assistance from the team of the management company of the Bila Tserkva Industrial Park. We have:

1. necessary knowledge and experience in relocation of enterprises;
   2. list of available industrial sites;
   3. contact of local and international partners.

Together with the production enterprise, we will go through every step to resume its work:

1. we will find a free production and warehouse premises;
   2. we will perform work on conservation, transportation and installation of the production line at the new location;
   3. we will connect to the grid, gas, water supply and sewerage;
   4. we will adjust the work of the shop in accordance with the best practices of lean production.

You can leave a request for a consultation on the company’s relocation at the link: https://forms.gle/cc6854Av2a22FxQv7

The company started work in a turnkey industrial building with an area of over 5.6 thousand m2.

Bila Tserkva, February 1, 2022. — The Good Plastic Company, a manufacturer of decorative panels made of recycled plastic, has become is next in turn a resident of the Bila Tserkva Industrial Park.

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The Good Plastic Company became the sixth resident of the Bila Tserkva Industrial Park. The company signed a contract and started production in a new production and storage building of over 5,600 square meters in December 2021, 4 months after the first visit to the industrial park and inspection of the building, which was then under construction. The full-scale production launch is expected in April this year after the installation of all equipment. The company plans to employ more than 30 people from Bila Tserkva at the plant,” said Andriy Ropitsky, director of Bila Tserkva Industrial Park.

The main features of the unique production of The Good Plastic Company:

1. 75%of existing types of plastic can be remanufactured using their equipment;
2. 100% use of renewable energy;
3. 0 kg of CO2 emissions produced during manufacturing.

The Good Plastic Company’s panels are made from granules of previously used plastic: old appliances, disposable forks and spoons, yogurt bottles, bumpers, ocean debris, etc. The company’s mission is to contribute to solving the problem of the 400 million tonnes of plastic waste that are generated annually.

Besides Ukraine, The Good Plastic Company has production facilities in the Netherlands. It also plans to locate production facilities in the UK, USA and Asia. The Good Plastic Company works with global brands such as Nike and Adidas.

In November 2021, Ukrainian entrepreneurs Andriy Fedoriv, CEO of Fedoriv Group, and co-founders of Nova Poshta Volodymyr Popereshnyuk and Vyacheslav Klimov, became the investors of the company.

According to Fedoriv, 98% of The Good Plastic Company’s products produced in Ukraine are exported.

This year the park to have two clusters, production and logistic, with 11 entities onboard

Kyiv, January 10, 2022. — UFuture holding company, which develops the Bila Tserkva industrial park, announces changes in its configuration and the finish of the first phase of development.

In accordance with the new business strategy, the company relocate production capacities of the Plank Electrotechnic to partners, and places the German manufacturer of automotive components in its place.

The company also will sell and remove from the register of industrial parks 22 hectares of land on Levanevskoho St. 150, Bila Tserkva. The new owner plans to build a modern production facility with warehouses, engineering and transport infrastructure in this place, but will not work in the format of an industrial park.

At the beginning of 2022, there are six processing and logistic enterprises operate on the territory of Bila Tserkva Industrial Park. Five more plants will be built during the year. Thus, as part of the first phase of the industrial park, two clusters will be formed, production and logistic, with 11 entities onboard. They will form a sustainable industrial ecosystem that will ease the negative impact on the environment, reduce resource consumption and maintain decent working conditions.

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The successful development of the first phase of Bila Tserkva Industrial Park related to our model of work with potential residents. We build turnkey facilities, and then focus on providing service, support and consulting for our residents. Thanks to our model industrial companies can start production in a short time, i. e. in 3-6 months,” said Andriy Ropitsky, director of Bila Tserkva Industrial Park.

In 2022, the UFuture holding company will start the implementation of the second phase of the project in Bila Tserkva with plot of land of over 34 hectares at the corner of Ivana Kozheduba and Zakhidnyi Proizd streets. This plot will participate in the state program for the development of industrial parks.

Additional Information

UFuture is a holding company of Ukrainian entrepreneur Vasyl Khmelnytsky that integrates his business and impact-investment projects. The company has a diversified portfolio of assets in the fields of real estate, infrastructure, industry, renewable energy, pharmaceuticals, and IT. Currently, UFuture’s assets are estimated at $500 million, and the total capitalization of the businesses it invested in is up to $1 billion.

Bila Tserkva Industrial Park is UFuture’s investment project aimed at creating infrastructure and conditions for the sustainable industrial development of Ukraine.
The park offers industrial land with all the engineering infrastructure and ready-made modern production, logistics and storage facilities for rent or purchase. Knowledge and significant experience in the development of industrial real estate allow the park team to provide the client with a range of services for efficient production.

Kyiv, September 7, 2021. —Residents of the Bila Tserkva Industrial Park — production companies got important financial stimuli for their business development. The Law of Ukraine ‘On Industrial Parks’ will provide:

‣ state financing the construction of engineering and transport infrastructure to the site boundaries;

‣ compensation for the cost of connection to utilities within the industrial park;

‣ compensation of interest rates on loans for the purchase of new equipment and business activities.

You can know how to become a resident of the industrial park at the link: https://bit.ly/30hBaRU

Andriy Ropitskiy will head the industrial park from July 12, 2021.

Bila Tserkva, July 12, 2021. — Andriy Ropitskiy was appointed as the Director of Bila Tserkva Industrial Park. In his new position, he will replace Volodymyr Khmurych, who ended his long-term cooperation with the industrial park and decided to continue his career outside the UFuture holding.

Andriy Ropitskiy is well acquainted with industrial property development for production or logistics needs. Prior to the appointment, he has been holding the office of the Chief Business Development Officer of “Іndustrial Park Management” LLC for more than five years, the management company for two industrial parks, where he was in charge of the industrial park business plan implementation, profit-earning performance targets pursuing and key client partnership building.

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Bila Tserkva Industrial Park is one among the few companies, which one can name a leader within the field. Yet today, a sustainable industrial ecosystem has been setting up within the limits of the industrial park. In order to minimize any adverse impact on the environment, sustainable production facilities and infrastructure amenities were constructed and put in operation. Green and sustainable technologies and industrial process utilization by the industrial park residents are encouraged and welcomed. The managing company improves the resource utilization efficacy. The utility networks fitted with automated systems of water, gas and powers consumption monitoring are connected to the Industrial Park boundaries and routed to the resident plots.

Any and all conditions were created within the Industrial Park for production placement for the last three years. Thereby, five production companies and one transportation and logistics company became the Park residents. 11 Ha of the industry land were developed. Under the development plan, we should develop 18 Ha of the land more and engage five residents till the end of the year 2022,” said Andriy Ropitskiy, commenting on his appointment.

ADDITIONAL INFORMATION

Andriy Ropitskiy has 14 years of experience in the banking sector and development business. He held a number of positions in international banking institutions, including the territorial manager of Structured Trade and Export Finance at UniCredit Bank Ukraine. Andrey received a higher economic education at KNEU. He is certified by the SDA Bocconi School of Management for Risk Management and the EBRD under the Trade Development Program. Andriy is a guest trainer and expert of the project ‘Foundation of Best Practices for the Development of Industrial Parks and Industrial Real Estate in Eastern Ukraine’, which is implemented with the assistance of the USAID Economic Support to Eastern Ukraine Project.

Bila Tserkva Industrial Park  is a UFuture project that creates infrastructure and provides conditions for sustainable industrial development in Ukraine. The park of more than 70 hectares offers industrial land with all the engineering infrastructure and ready-made modern production, logistics, and storage facilities for rent or purchase. As of 2021, six companies are residents of the industrial park.

UFuture is a holding company of Ukrainian entrepreneur Vasyl Khmelnytsky, which has a diversified portfolio of assets in real estate, infrastructure, industry, renewable energy, pharmaceuticals, and IT. UFuture’s assets are valued at $500 million, and the total capitalization of the businesses in which it has invested is up to $1 billion.

The company started work in a turnkey industrial building with an area of 3.2 thousand m2 after the completion of acceleration in INDAX

Bila Tserkva, June 9, 2021. — VIRASTAR, a leading Ukrainian manufacturer of goods and equipment for access to heights, has become a resident of Bila Tserkva Industrial Park. Thanks to the newly built industrial premises and modern infrastructural technological solutions, the industrial park provided the resident with a universal platform adapted for the production of the main types of VIRASTAR products: scaffolding, mobile towers, and ladders. Cooperation became possible after the VIRASTAR acceleration process in INDAX — a project of the holding company UFuture.

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By choosing ready-made solutions, the clients of the industrial park save from 9 to 12 months and reduce costs at market prices by $200-300 thousand. That’s how much time and investment is needed to get all the approvals, develop the concept and design of the plant for the company in the medium business segment,” said Andriy Ropitsky, Business Development Director of Bila Tserkva.

 

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Production is the basis of the economy, it is necessary to leave the added value in Ukraine. INDAX, first of all, focuses on those sectors where Ukrainian products can compete with Chinese and European goods. VIRASTAR scaling is such a successful case,” said Natalia Kalinkina, CEO of the INDAX production accelerator.

 

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The company manufactures products under its own national brand TM VIRASTAR. During the year we plan to increase the supply of domestic goods in the domestic and foreign markets of construction materials. The plant in Bila Tserkva will produce more than 300 products that provide access and safe working conditions at height for professionals and private users,” said Oleksiy and Serhiy Alekseenko, co-founders of VIRASTAR.

Working in an industrial park, VIRASTAR becomes a member of the construction cluster community. This will help increase the competitiveness of the manufacturer’s business, increase the training of its staff, and implementation of joint projects for the development of production infrastructure.

ADDITIONAL INFORMATION

UFuture is a holding company of Ukrainian entrepreneur Vasyl Khmelnytsky, which has a diversified portfolio of assets in real estate, infrastructure, industry, renewable energy, pharmaceuticals, and IT. UFuture’s assets are valued at $500 million, and the total capitalization of the businesses in which it has invested is up to $1 billion.

VIRASTAR is a company for equipment for high-altitude work, which began its activities with the import of European products and later launched the production of aluminum products and became the only manufacturer of aluminum ladders in Ukraine. Over the past year, the company has sold only new products worth up to $1 million. After accelerating INDAX, the manufacturer scaled the business, launched an innovative modernized production in the Bila Tserkva Industrial Park according to the Lean Institute Ukraine methodology, and expanded the model range. Currently, the products are sold not only in Ukraine, but also exported to Georgia and Lithuania.

Bila Tserkva Industrial Park is a UFuture project that creates infrastructure and provides conditions for sustainable industrial development in Ukraine. The park of more than 70 hectares offers industrial land with all the engineering infrastructure and ready-made modern production, logistics, and storage facilities for rent or purchase. As of 2021, six companies are residents of the industrial park.

INDAX is a system platform for support and scaling of small and medium-sized businesses in the industrial sector. Through training, mentoring, partnerships, and investment, the accelerator supports entrepreneurs who are ready to produce quality products.