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A fifth industrial park with an investment of 1 billion UAH for construction will be established in Vinnytsia

A fifth industrial park with an investment of 1 billion UAH for construction will be established in Vinnytsia
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A new industrial park "Integral" will be established in Vinnytsia on the site of the former lamp factory, as announced by the city's mayor, Serhiy Morgunov.

"Today, we have launched the creation of the fifth industrial park in Vinnytsia. LLC 'Invest Holding Company' plans to invest 1 billion UAH in its construction. Eventually, around 930 people will be employed here," Morgunov wrote on Facebook.

He emphasized that attracting investment and opening new production facilities during the war is critically important for the community's life.

LLC Invest Holding Company, registered in 2022, primarily provides commercial services and property leasing, according to opendatabot. The ultimate beneficiary of the company is Vinnytsia businessman Taras Kovalychuk.

In 2023, the company's revenue amounted to 5 million UAH, with a loss of 0.26 million UAH. Kovalychuk also owns the Vinnytsia-based company Zodchyi, which specializes in trading timber and construction materials (holding 87.8% of LLC Invest Holding Company). The net income of the company in 2023 was nearly 566 million UAH.

Currently, four industrial parks have been created in Vinnytsia: Vinnytsia Refrigeration Engineering Cluster, WinterSport, Volia Agri-Food Park Vinnytsia, and VinIndustry, with four residents and 79 million UAH in state support under the industrial park support program.

Volia Agri-Food Park Vinnytsia, with investor Boris Shestopalov, co-owner of foodtech companies HD Gtroup and GFS, also received about 116 million UAH in state support.

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