Dmytro Kysylevskyi, Deputy Chairman of the Economic Development Committee of Ukraine’s Parliament, announced that Peikko Group will invest €3 million in the project over the next two years, creating approximately 50 new jobs.
The new facility will specialize in manufacturing concrete connections and composite structural elements.
Equipment imports are set to begin in May, after which production for the construction sector will commence. Peikko Group is utilizing incentives available to participants of industrial parks in Ukraine, including VAT and import duty exemptions on equipment.
Peikko Group operates in 30 countries across the Asia-Pacific region, Europe, Africa, the Middle East, and North America, with manufacturing facilities in 12 countries. Its Ukrainian subsidiary, Peikko Ukraine, established in 2023, supports infrastructure reconstruction efforts. In 2023, Peikko reported annual revenue of €262 million
