KOSTAL to build automotive electronics plant in Kyiv region

German company KOSTAL has put a capsule in the foundation at the future plant for automotive electronics production near Boryspil. The total amount of investment is EUR 39 million. It is expected that the new plant will create more than 900 jobs in the region. The start of the production is scheduled for 2021. UkraineInvest has been supporting the company throughout different stages of the project implementation.

KOSTAL is the world’s leading manufacturer of automotive and industrial electronics and components for such brands as Volkswagen, Renault, Porsche, Skoda, Audi, Ford, DAG, etc. The company is also developing an R&D center in Ukraine, which performs the entire production cycle of creating new products.

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