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TAIL invested €10 million in an oil refining plant in the Lviv region

TAIL invested €10 million in an oil refining plant in the Lviv region
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LLC Tail (Lviv region), one of the leaders in the production of metal roofing and corrugated sheets, has invested €10 million in the construction of an oil refining plant, reported Maksym Kozytskyi, Head of the Lviv Regional Military Administration.

“This facility represents investments that remain in Ukraine and strengthen our economy. For the Lviv region, this means new jobs, taxes paid to the local budget, and a contribution to the region’s economic development,” he wrote on Telegram following a visit to the plant with Prime Minister Yulia Svyrydenko.

 

The Prime Minister noted that the company’s owners, Yuriy Shkvarok and Andriy Tsymbalyak, chose to diversify into agriprocessing during the war.

“All the equipment at the plant is Ukrainian: TAN refining and PET Pet Technologies line from Chernihiv, TEFF boiler from Odessa, the “Nadiya” bottling line from Cherkasy, tanks and filling installation from AKIM in Dnipro, and silos from Lubnymash in Lubny. These are Ukrainian entrepreneurs who, with their energy, work, innovations, and investments, ensure our economic resilience,” Svyrydenko wrote on Telegram.

 

She added that Lviv entrepreneurs are currently building another plant in Kremenchuk.

LLC Tail was founded in 2009 in the Lviv region and specializes in producing steel roofing materials for exterior building finishes, facades, and industrial complexes. The company offers more than 15 types of products manufactured on 25 production lines.

According to Opendatabot, in 2024, LLC Tail increased revenue by 19.6% to UAH 820.51 million, reduced net profit by 1.9 times to UAH 10.16 million, increased debt obligations by 1.6 times to UAH 427.76 million, and grew assets by 1.4 times to UAH 550.51 million. The workforce increased by 19 employees, reaching 204 staff members. The company’s beneficiaries are Andriy Tsymbalyak and Yuriy Shkvarok.

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