Finnish Company Peikko to Open Construction Materials Plant in Kyiv Region for 3 Million Euros

On April 24, in the territory of the industrial park “Bila Tserkva” in the Kyiv region, the Finnish company Peikko Group Corporation officially announced the commissioning of a new plant for the production of concrete connections and composite structures. Equipment will be delivered to the facility in May, after which production of products for the construction industry will begin.

This is reported by AgroReview

Investments and Development Support

The total investment in this project amounts to €3 million, which is planned to be implemented over two years. As part of the project, the company will take advantage of tax and customs incentives provided by legislation for participants in industrial parks, including exemptions from VAT and import duties on equipment.

Creation of New Jobs and Prospects for Ukraine

About 50 jobs will be created at the new plant.

“It is noted that despite the war, industrial parks continue to develop and attract investments, demonstrating a real example of how the “Made in Ukraine” policy works.”

The company has been operating in Ukraine since 2023 through its subsidiary, which is involved in infrastructure recovery projects.

Peikko Group has production facilities in 12 countries around the world. The opening of the new plant is an important step for the development of the construction industry in Ukraine and strengthening international investments in the country.