Italian company Novello srl, known for its production of modular eco-houses, plans to establish manufacturing operations in Rivne region, western Ukraine.
During a meeting between the head of the Rivne Regional Military Administration and company representatives, discussions focused on safety, human resources, and the use of natural resources.
Following the negotiations, a memorandum of cooperation was signed between the regional administration and Novello srl.
The initiative was made possible through earlier agreements reached during the Ukraine Recovery Conference (URC2025) held in Rome.
Company and project details
- Novello srl is an Italian company specializing in the production of modular eco-houses and sustainable construction solutions.
- The selected location in Rivne region meets three key criteria: availability of skilled labor, access to natural resources, and security stability.
- The project aims, in part, to create new jobs and support the region’s economic development.
Regional significance
The launch of modular eco-house production in Rivne region is expected to:
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attract foreign investment and technology;
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strengthen the region’s industrial base;
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create employment opportunities in local communities;
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promote environmentally friendly and energy-efficient building solutions.
Next steps
The next phase will include:
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finalizing the construction site and land allocation;
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preparing infrastructure (logistics, energy supply, workforce);
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launching the modular eco-house production line;
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establishing cooperation with local suppliers and labor resources.
At this stage, the timeline for launch, investment amount, expected number of jobs, and technical specifications of the modular eco-houses (such as area, materials, and pricing range) have not been disclosed.
