Kovalska invests €27 mln in the production of aerated concrete blocks and panels in Lviv region

Kovalska Group has received €27 mln in project financing from Invest International (Netherlands) for a 10-year period.

The vital investment, supported by the Dutch Good Growth Fund and the Dutch government, will allow the company to introduce the Aircrete Europe technology for the production of environmentally friendly aerated concrete blocks and panels.

This technology will be used at a new production facility currently under construction in Rozvadiv, Lviv region. The plant is expected to create approximately 350-400 additional direct local jobs during construction and at least 240 new jobs during the operational phase.

Kovalska Industrial and Construction Group has been operating in the Ukrainian construction market since 1956. It unites more than 20 enterprises in the field of raw materials extraction, manufacturing and construction. Kovalska’s businesses operate in Kyiv, Zhytomyr, Lviv and Chernihiv regions.

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