Ukrainian agricultural company Adelaide intends to raise $19 million in investment to build a potato processing plant in Zhytomyr Region. The total cost of the project is estimated at $38 million. The project has been included in the Ukraine Investment Catalogue 2026, presented at the Ukraine Recovery Conference 2026 in Gdańsk, Poland.
The company plans to implement the project on the basis of its existing agricultural enterprise in the Bronyky community of Zhytomyr Region. The new plant will be able to process up to 300 tonnes of potatoes per day and produce up to 20,000 tonnes of finished and semi-finished potato products annually.
The project provides for the creation of a modern deep potato processing facility using food industry technologies, including vacuum packaging and pasteurization. The plant is expected to produce peeled, vacuum-packed and thermally processed potatoes targeted at professional food industry customers.
Total investment in the project will amount to $38 million, of which the company is ready to finance $19 million from its own funds. Another $19 million is planned to be raised through blended financing, combining debt capital and investment.
The main buyers of the products will be food industry enterprises, HoReCa businesses, catering companies and retail chains. In addition to the Ukrainian market, the company expects to supply products to the European Union, the Balkans, the Middle East, the Caucasus and Central Asian countries.
According to the investment catalogue, the preparatory stage of the project has already been completed. The company has commissioned an irrigation system covering 600 ha, grows around 29,000 tonnes of potatoes annually, and has already launched washing, peeling and vacuum packaging lines. This will allow the new processing facility to be integrated into the existing production chain.
Construction of the plant is scheduled for 2027–2028, with production expected to start in 2028.
After reaching full design capacity, Adelaide expects to generate around $40 million in annual revenue and $17.7 million in EBITDA. The projected payback period is 5.5 years, while the expected internal rate of return (IRR) is estimated at 41%, one of the highest figures among the projects presented in the URC 2026 investment catalogue.
