The German company EMC GmbH has launched preparations for a large-scale industrial and energy project in the bioenergy sector in the Vinnytsia region. A Memorandum of Understanding was signed by Maryna Khlystun, Executive Director of UkraineInvest, and Semen Filippov, CEO of EMC GmbH, during the EU-Ukraine Business Summit in Brussels.
The signing of the document confirmed the parties’ intention to work together on the development of the initiative, which aligns with Ukraine’s goals for decarbonization and the development of a circular economy.
Estimated project parameters:
● Total investment volume: approximately €89 million;
● Job creation: up to 150 new jobs;
● Production capacity: a biomass processing complex for pellet production with simultaneous generation of 8 MW of electricity and 32 MW of heat.
The initiative creates added value using local raw materials. Currently, the project is in its early stages: technical and financial parameters are being finalized, and active engagement with potential partners is underway.
The project has already been included in the list of initiatives under the European Commission’s Call for Expression of Interest. The initiative is open to strategic investors and equity partners to accelerate its implementation.UkraineInvest will provide support for the project by coordinating interaction with government authorities, international partners, and financial institutions. For further details and partnership inquiries, please contact: [email protected].
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