This investment marks a significant step in strengthening Ukraine’s industrial base and attracting foreign direct investment amid the country’s reconstruction.
€3 Million Investment and Equipment Import Underway
The company has commissioned the construction of the plant building, with equipment delivery ongoing through May. Production is expected to begin shortly thereafter. The plant will specialize in the manufacturing of concrete joints and composite structures for Ukraine’s construction and infrastructure sectors.
Peikko plans to invest €3 million over two years in the project, which will initially create around 50 new jobs in Bila Tserkva.
Benefiting from Industrial Park Incentives
Peikko will utilize Ukraine’s tax and customs incentives for industrial park residents, including:
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Exemption from VAT and import duties on imported equipment;
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Simplified customs procedures to support rapid production setup.
These benefits are part of Ukraine’s strategy to stimulate domestic manufacturing and attract international businesses.
Peikko’s Global Presence and Role in Ukraine
Peikko Group Corporation operates production sites in 12 countries and is known for its innovations in structural connections and composite structures.
In Ukraine, its local subsidiary, Peyko Ukraine, has been active since 2023 and is engaged in post-war infrastructure reconstruction projects.
Industrial Development in Focus
The announcement comes amid a broader industrial revival in Ukraine, with the Ternopil region preparing to launch the Bio-lan industrial park, a €110 million project focused on bioethanol and biogas production.
Summary
Peikko's investment in Bila Tserkva reinforces Ukraine's industrial potential and showcases growing foreign investor confidence in the country’s recovery. The upcoming plant will not only support reconstruction efforts but also drive innovation and job creation in the construction sector.
