Finnish company Peikko Group Corporation launches new production facility at the Bila Tserkva industrial park

Finnish company Peikko Group Corporation launches new production facility at the Bila Tserkva industrial park

On April 24, the Finnish company Peikko Group Corporation announced the opening of an industrial facility in the Bila Tserkva Industrial Park for a future plant that will produce concrete joints and composite structures. Equipment will be imported in May, after which the plant will begin production for the construction industry.

The planned investment to launch and develop the new plant is EUR 3 million over two years. Approximately 50 jobs will be created at the plant.

Peikko Group Corporation will benefit from tax and customs incentives available to industrial park participants under current Ukrainian legislation, including exemptions from VAT and import duties on equipment imports.

Peikko Group Corporation has production facilities in 12 countries worldwide. Its subsidiary, Peikko Ukraine, has been operating in Ukraine since 2023 and is actively contributing to infrastructure reconstruction projects.

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