Ukrainian company Studiopak is now entering a new market niche – the production of biodegradable packaging with the help of a grant won under the New Level program for processing enterprises.
The Ministry of Economy reported that entrepreneurs can receive up to ₴8M for business development through the program. With the grant funds, the company bought equipment for a new production.
It should be noted that after the war began, Studiopak left the Russian and Belarusian markets. The company’s plant in Ukraine was located five km from the war zone. Equipment and production lines were transported to partners in the Ternopil region to resume production there.
The company’s partners continued to place orders, which saved the business. However, foreign orders practically stopped due to the possibility of contract disruption.