One of the largest producers of non-ferrous metal products in Ukraine, Electro Cable Group, launched a cable production plant in the Polish city of Zabrze in June. The key argument in Poland’s favor was the cheaper logistics costs to key markets in northern Europe. The country’s other advantages include state support for industry and Ukrainian refugees. The Ukrainian company was granted a five-year exemption from income and real estate taxes.
Investment in the Polish plant totals €19M, with 80% loans from European banks. Currently, 55 employees work at the new plant and production capacity is 1,200 tons of cable per year. In July 2025, the company plans to reach peak capacity and produce 6,000 tons of cable per year. This will enable the company to generate €60M in annual turnover, or 25% of the 2024’s planned turnover.
In Ukraine, Electro Cable Group unites two factories: the Zaporizhzhia plant of non-ferrous metals and the Ivano-Frankivsk plant, launched in June 2022.